Step 1: Understanding Venture Capital.
Venture capital refers to financing provided to start-ups and emerging firms that have high growth potential but also carry high risk.
It plays a crucial role in fostering innovation and entrepreneurship.
Step 2: Origin of Venture Capital.
The concept of venture capital originated in the United States of America after World War II.
The first formal venture capital firm, “American Research and Development Corporation (ARDC),” was founded in 1946 by Georges Doriot.
The success of venture capital in America later inspired its adoption in other countries.
Step 3: Analysis of options.
- (1) India: Incorrect — introduced later in the 1980s.
- (2) England: Incorrect — venture funding developed later here.
- (3) America: Correct — birthplace of venture capital.
- (4) Japan: Incorrect — adopted after the U.S. model.
Step 4: Conclusion.
Hence, the concept of Venture Capital originated in America.