States and financial institutions are relying on venturing principals to fuel economic recovery again after drop in banks and insurers' interest in venture capital over the past decade.
The credit crunch since mid-2007 has shown the importance of the financial services sector to the economy and the health and wealth of nations.
The threat of bank failures leading to a repeat of the Great Depression of the 1930s has been enough for developed-country regulators, central banks and politicians to take unprecedented measures to maintain lending and capital flows to companies and people.
This had led to a number of initiatives, such as last month’s launch of a £1.5bn…
