The book offers a timely and important analysis for political economists researching the intersection of state and market.... The venture capital state offers valuable analytical tools for scholars working on explaining patterns of limited international convergence. It brings the growing world of venture capital square into political economy scholarship.(International Affairs) This informative book examines in detail three such attempts—in Hong Kong, Singapore, and Taiwan—and draws on the experiences of related ventures in several other places, including Israel and Japan.... She [Klingler-Vidra] does show that the venture capitalists supported by governments tend to invest in older, already profitable firms rather than true start-ups.(Foreign Affairs) Klingler-Vidra's analytical themes march relentlessly throughout the book.... The author certainly demonstrates the seductive appeal of venture capital funding in varied global settings.(Choice) It is an important contribution to scholarship on entrepreneurship and venture policy along the lines of Josh Lerner's seminal Boulevard of broken dream.(international affairs) The Venture Capital State ofers valuable analytical tools for scholars working to explain patterns of limited international convergence. It brings the growing world of venture capital into political economy scholarship.(The Institute of International and Strategic Studies)