565 W Adams, 4th Flr
Chicago, IL 60661
Institutional Affiliation: Illinois Institute of Technology
NBER Working Papers and Publications
|November 2018||The Short-Run Effects of GDPR on Technology Venture Investment|
with Ginger Zhe Jin, Liad Wagman: w25248
The General Data Protection Regulation (GDPR) came into effect in the European Union in May 2018. We study its short-run impact on investment in new and emerging technology firms. Our findings indicate negative post-GDPR effects on EU ventures, relative to their US counterparts. The negative effects manifest in the overall dollar amounts raised across funding deals, the number of deals, and the dollar amount raised per individual deal.