Is human capital accounting theoretically possible and practically feasible? Economists estimate human capital on the basis of years of schooling or formal educational attainment levels regardless of actual productive capacity. Financial accounting and reporting ignore even these crude measures, leaving human capital off the balance sheet for want of rules or conventions. A review of innovative policies in OECD countries shows that
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This report examines ways in which governments can stimulate the supply of venture capital for innovative firms. Proceedings of the 1995 ad hoc meeting of experts on venture capital.