Taking risks in regions: the geographical anatomy of Europe's emerging venture capital market

Over the past 25 years, the USA has pioneered a new technologicalrevolution, based on large numbers of new small enterprises,financed by a dynamic venture (risk) capital market. The EuropeanUnion, meanwhile, has lagged behind in this sector of economicactivity, and compared to the US innovative small and mediumenterprises appear to find it more difficult to get startedand grow. At a time when regional and local banking systems– traditionally major sources of capital for small andmedium sized enterprises across Europe – are undergoingintense reorganisation and restructuring, the European Commissionconsiders the development of a substantial risk capital marketto be a key condition for closing the ‘enterprise gap’with the US. While the venture capital industry is much lessdeveloped in Europe than it is in the US, nevertheless it hasrecently experienced a marked increase in activity. But whereasthe European Commission argues that venture capital activityneeds to be much more regionally clustered if it is to emulatethe US experience, the OECD and some EU member states have arguedfor a more even regional distribution. The aim of the paperis to chart the growth and geographical anatomy of the emergingEuropean venture capital market, and to examine its spatialdevelopment and regional implications in the context of thesesomewhat opposing views.     

Genetic relationships based on discrete dental traits: Basketmaker II and Mimbres

Investigations of the relationships between culture and biology among prehistoric populations of the southwestern United States can enhance our reconstruction of social interactions. The present study analyses the permanent dentition of Basketmaker II and Mimbres individuals from multiple sites using the Arizona State University dental anthropology system, and compares them with a regional sample. Discrete dental trait analysis provides a useful means for assessing the degree of genetic relatedness between populations when large comparative samples are available. Both in situ cultural change and population replacement have been posited as the dominant mechanism acting on Basketmaker and early Puebloan groups. We examine the relationship of these populations to probable Uto‐Aztecan speakers in light of the Uto‐Aztecan farmer migration hypothesis. The Basketmaker II complex, traditionally recognised as a distinct cultural unit, exhibits considerable population heterogeneity. Western Basketmakers appear to share biological ties with Uto‐Aztecan speakers, while Eastern Basketmakers do not, as predicted by the model. The relationship of the Mimbres to probable Uto‐Aztecan speakers is less clear because the Mimbres show only weak affinities to northern Mexican populations. Copyright © 2007 John Wiley & Sons, Ltd.     

Sub‐micron spongiform porosity is the major ultra‐structural alteration occurring in archaeological bone

Total pore volume and pore size distribution are indicators of the degree of post‐mortem modification of bone. Direct measurements of pore size distribution in archaeological bones using mercury intrusion porosimetry (HgIP) and back scattered scanning electron microscopy (BSE‐SEM) reveal a common pattern in the changes seen in degraded bone as compared to modern samples. The estimates of pore size distribution from HgIP and direct measurement from the BSE‐SEM images show remarkable correspondence. The coupling of these two independent approaches has allowed the diagenetic porosity changes in human archaeological bone in the >0.01 µm range to be directly imaged, and their relationship to pre‐existing physiological pores to be explored. The increase in porosity in the archaeological bones is restricted to two discrete pore ranges. The smaller of these two ranges (0.007–0.1 µm) lies in the range of the collagen fibril (0.1 µm diameter) and is presumably formed by the loss of collagen, whereas the larger pore size distribution is evidence of direct microbial alteration of the bone. HgIP has great potential for the characterization of microbial and chemical alteration of bone. Copyright © 2002 John Wiley & Sons, Ltd.     

Book reviews

AUSTRALIA IN WORLD AFFAIRS 1966–70. Gordon Greenwood and Norman Harper (eds.). Cheshire, for the Australian Institute of International Affairs, Melbourne, 1974. vii + 489 pp. 0–7015–1571–6. $13.95.

FROM TWEEDLEDUM TO TWEEDLEDEE. THE NEW LABOR GOVERNMENT IN AUSTRALIA: A CRITIQUE OF ITS SOCIAL MODEL. Robert Catley and Bruce McFarlane. Australia and New Zealand Book Company, Sydney, 1974. 88 pp. + 24 pp. app. 0–8555–022–1. $3.50 paper.

FULL CIRCLE. S. F. Rowell. Melbourne University Press, Melbourne, 1974, 206 pp. $9.90.

PUBLIC POLICY IN AUSTRALIA. Roy Forward (ed.). Cheshire, Melbourne, 1974. 276 pp. 07015–1741–7. $6.50 paper.

TO PHOENIX SEAT: AN INTRODUCTORY STUDY OF MAOISM AND THE CHINESE COMMUNIST QUEST FOR A PARADISE ON EARTH. Leslie R. Marchant. Angus and Robertson, Sydney, 1973. 276 pp. 0–207–12373. $7.95.

THE NORTH KOREAN COMMUNIST LEADERSHIP, 1945–1965: A STUDY OF FACTIONALISM AND POLITICAL CONSOLIDATION. Koon Woo Nam. The University of Alabama Press, Alabama 35486, 1974. 214 pp. 08193–4723–2. $7.50.

TRADITION AND REVOLUTION IN VIETNAM. Nguyen Khac Vien. Indochina Resource Center, Berkeley, California, 1974. 169 pp. $US 2.65.

POLITICS AND POWER IN CAMBODIA: THE SIHANOUK YEARS. Milton Osborne. Longman, Melbourne, 1974. 120 pp. $7.50 hard cover, $3.50 paper.

THE 1971 ELECTIONS IN INDONESIA: AN EAST JAVA CASE STUDY. Ken Ward. Centre of Southeast Asian Studies, Monash University, Melbourne, 1974. 120 pp. 0–909835–09–8. $3.75.

TWENTY YEARS OF INDONESIAN FOREIGN POLICY, 1945–1965. Ide Anak Agung Gde Agung. Mouton, The Hague and Paris, 1973. 640 pp. $17.00.

HET EKONOMISCH BELEID IN NEDERLANDSCH‐INDIE, CAPITA SELECTA. EEN BRONNENPUBLICATIE (Economic Policy in the Netherlands Indies, Selected Subjects), PART II. P. Creutzberg (ed.). Publication No. 6 of the ‘Committee for the Publication of Primary Sources Concerning the History of the Netherlands Indies 1900–1942’. H. D. Tjeenk Willink, B.V., Groningen, The Netherlands, 1974. 792 pp.

FIFTEEN MEN ON A POWDER KEG: A HISTORY OF THE UN SECURITY COUNCIL. Andrew Boyd. University Paperback, London, 1973. (First published by Methuen & Co. 1971.) 416–70230–9. 383 pp. $4.20.

HAMMARSKJOLD. Brian Urquhart. The Bodley Head, London, 1972. 630 pp. $14.70.

THE NEW ZEALAND BUREAUCRAT. T. B. Smith. Cheshire, Wellington, New Zealand, 1974. 162 pp. $9.95.

INTERNATIONAL POLITICS: FOUNDATIONS OF THE SYSTEM. Werner Levi. University of Minnesota Press, Minneapolis, 1974. (Distributed in Australia by Oxford University Press.) 285 pp. 0–8166–0703–6. $11.00.     

Book reviews

Australian Books

Raymond O'Dea, Principles of Wage Determination in Commonwealth Arbitration, West Publishing Corporation, Sydney, 1969, pp. 300, $9.50.

A. H. Boxer, Experts in Asia: An Inquiry into Australian Technical Assistance, A.N.U. Press, Canberra, 1969, pp. 180, $6.00.

Malcolm Mackerras, DL.P. Preference Distribution 1958–1969, Occasional Monograph No. 3, Department of Government and Public Administration, University of Sydney, 1970, pp. 69 + ii, 75c. Cheques payable to Sydney Monographs.

D. W. Rawson and Suzanne Wrightson, A Handbook of Australian Trade Unions and Employees’ Associations, Occasional Paper No. 5, Department of Political Science, Research School of Social Sciences, Australian National University, Canberra, 1970, pp. 114, $1.50.

P. H. Partridge, W. F. Connell, S. W. Cohen, Social Science for the Secondary School, Ian Novak, Sydney, 1969, pp. 132, $2.70.

Non‐Australian Books

A. Robinson, et al., Black Studies in the University: a Symposium, Yale University Press, New Haven, 1969, pp. 231, $6.95.

G. Christenson (ed.), The Future of the University, University of Oklahoma Press, Norman, 1969, pp. 292, $2.70.

J. Jeffery Auer (ed.), The Rhetoric of Our Times, Appleton‐Century‐Crofts, New York, 1969, pp. 493 + xv, $5.20.

P. J. Eldridge, The Politics of Foreign Aid in India, Weidenfeld and Nicolson, London, 1969, pp. 289, $8.90.