Government Venture Capital: Centralized or Decentralized Execution

Abstract

This research project provides an initial assessment as to whether the government should maintain decentralized management of its venture capital (VC) initiatives. Previous research focused on the viability of using VC to supplement government R&D spending. In contrast, this research project specifically addresses whether the DoD should centralize or decentralize execution of VC. The researchers investigated current Government VC initiatives, interviewed subject matter experts in the VC industry, and assessed how well the Government VC initiatives are poised to fill the DoD's capability gaps as defined by the QDR. The researchers provide rationale for why VC is a relevant source for Government R&D using data from the National Venture Capital Association (NVCA) and other literature. Ultimately, the research suggests that the Government should continue to foster decentralized VC execution with increased focus on technology transference.

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Document Details

Document Type
Technical Report
Publication Date
Dec 01, 2007
Accession Number
ADA475890

Entities

People

  • Cory Brown
  • Ho Lee
  • Paul Winka

Organizations

  • Naval Postgraduate School

Tags

Communities of Interest

  • C4I
  • Cyber
  • Energy and Power Technologies
  • Engineered Resilient Systems
  • Ground and Sea Platforms
  • Human Systems
  • Space

DTIC Thesaurus Topics

  • Air Force
  • Business Administration
  • Cognition
  • Commerce
  • Computer Programs
  • Computers
  • Energy
  • Governments
  • Information Exchange
  • Information Processing
  • Information Systems
  • National Security
  • Network Science
  • Organizational Structure
  • Test And Evaluation
  • United States
  • Warfare

Readers

  • Defense Acquisition Program Management
  • Economics
  • Marine Ecological Systems Migration