dc.description.abstract | This thesis investigates venture capital investments in the European climate tech sector,
focusing on the past decade. Through survival analysis, it examines three hypotheses: the
relative success rate of climate tech investments compared to peer sectors, the influence of
capital intensity on investment success, and the performance of corporate venture capital
(CVC)-backed companies versus traditional venture capital (VC) backing.
The study finds that the climate tech sector generally underperforms, with inconsistent
statistical significance across models. The impact of capital intensity on success is not
clear. However, moderate capital intensity may be associated with higher success rates.
Finally, limited evidence suggests a marginal advantage in success and innovation for
CVC-backed companies.
These findings highlight the complexities between investment strategies and sectoral
performance in the European climate tech landscape, underscoring the need for nuanced
approaches in venture capital investment to navigate this sector’s unique challenges and
potential. | en_US |