Rapportens anbefaling er verd å bringe videre til politiske og regulatoriske myndigheter som nå jobber med regulering av bl.a. Private Equity–bransjen:
“Our results have some important policy implications for the development of a viable venture capital industry in Europe. We find that variations in regulations regarding the behavior of Europe’s institutional investors – like pension funds and insurance companies – explain a large portion of the variations in private equity investment across countries and over time. In that respect, recent pan–European regulation aimed at liberalizing investment by institutional investors for diversification purposes can be credited with a role in nurturing the European venture capital industry. We argue that such policies, coupled with well–functioning exit markets and labor regulation aimed at promoting the mobility of skilled labor, are instrumental in unlocking Europe’s innovative potential.”
