Innovation
Financial Capital
Financial capital is important to company growth. Venture capital is especially important to young companies, particularly those producing an innovative product. Since few institutional barriers exist across the United States, capital can be expected to flow toward regions where the most lucrative business opportunities prevail. Venture capital investments have tended to be clustered in innovation-rich environments. Thus, monitoring the pace of these investments is a good measure of innovation intensity.
Overall venture capital investment in Arizona is displayed in the Financial subcategory of the Innovation Indicators dashboard. Information also is presented by stage of venture capital development: start-up (seed), early stage, expansion, and later stage.
