The venture capital investment process in Greece: some evaluation aspects The venture capital investment process in Greece: some evaluation aspects Δημοσίευση σε Συνέδριο Conference Publication 2015-11-162006enThe term “Venture Capital” is quite new in Greece and in the beginning was referred only to the ventures of new innovative firms. Recently it has been expanded to include a wide range of financing, which already covers the existing developed firms. The Venture Capital was firstly appeared in U.S.A. in the early of 40’s and later in Europe in the early of 70’s. The foundation of venture capital firms was introduced with the laws No 1775/88 & No 2166/93, but due to their insufficient results the law No 2367/95 was instituted to reject the two previous in period of two years and to change the name of the venture capital firms. The purpose of this paper is to present the development of Venture Capital in Greece. The realization of this development was succeeded via a) a questionnaire, which was sent to all the venture capital firms of Greece and b) interviews, which were held to the managers of the venture capital firms. Consequently, the objective of this paper deals with the results of this research, which are: - The development and the investment policy of the venture capital firms (geographical division of the invested amounts, sectorial division, type of venture capital (seed capital, start-up financing, etc ) - The decision procedure, which is adopted by the venture capital firms (time-sharing of the venture capital process, evaluation criteria). Finally, the paper deals with the conclusions derived from this market research and the development perspectives of the venture capital firms in Greecehttp://creativecommons.org/licenses/by/4.0/Ελληνική Βιομηχανία προς την Οικονομία της Γνώσης Bakatsaki Maria Μπακατσακη Μαρια Kosmidou K. Papadopoulos Georgios Παπαδοπουλος Γεωργιος Zopounidis Konstantinos Ζοπουνιδης Κωνσταντινος Statistical analysis Statistical data Statistical methods Statistical science statistics statistical analysis statistical data statistical methods statistical science