@article{article_923128, title={The Venture Capital Financing M odel in Turkey and The United Kingdom: A Com parative Study}, journal={Yeni Fikir Dergisi}, volume={4}, pages={92012199–92012213}, year={2012}, author={Aktaş, Metin}, keywords={Türkiye,İngiltere,Girişim Sermayesi,Finansman Modeli}, abstract={Since venture capital financing model particularly promote new ideas and new corporations, itis very precious for the developing countries. In developing countries like Turkey, unemployment rate is very high related to the developed countries. Therefore, by the usage of this financing model of which one of the most important goals is to have people start their own business, the developing countries not only increase their economic development but also decrease their high unemployment rate. The purpose of this study is to search the condition of the venture capital financing model in Turkey by comparing with the United Kingdom. For this analysis, the situations of the constraints about the venture capital in these countries are examined. In addition, by using research and development expenditures, patent applications of residents and nonresidents, number of venture capital companies and funding sources of the venture capitals, a comparison between these countries are made. At the end of the study, it can be concluded that because of the insufficient protection of minority shareholder rights, lack of the government involment to the venture capital system, shortness of the maturity of the funds, few expert consulting firms and weak opennes to the innovation, the usage of venture capital financing model in Turkey is very inadequate}, number={9}, publisher={Yeni Fikir Stratejik Araştırmalar Derneği}