Venture capital and the financing of innovation
The funding of innovative projects that are fundamentally ambiguous often leads to situations where decision-making is difficult. However, decision-making can be improved by practices such as syndication and step-by-step funding. The dynamic of this industry requires us to consider the economic and...
| Other Authors: | , |
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| Format: | eBook |
| Language: | Inglés |
| Published: |
London : Hoboken, New Jersey :
ISTE Limited
[2020]
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| Edition: | First edition |
| Series: | Innovation, entrepreneurship and management series. Innovation between risk and reward set ;
Volume 6. |
| Subjects: | |
| See on Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009630833306719 |
| Summary: | The funding of innovative projects that are fundamentally ambiguous often leads to situations where decision-making is difficult. However, decision-making can be improved by practices such as syndication and step-by-step funding. The dynamic of this industry requires us to consider the economic and institutional variables that make this system coherent in English-speaking countries, but conversely reduce it to a privileged niche by the leading authorities in Europe and France. This book proposes two guiding ideas. The first idea presents innovation as a very uncertain process. This modifies the decision-making in the entrepreneurial ecosystem, with intervention upstream in regards to stronger foundations, evaluations and selection of projects. The second idea is that the actors hold onto partial knowledge in a context where their attention span is limited. These cognitive limitations need the formation of networks, and lead to mutual and complementary dependency relations. |
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| Physical Description: | 1 online resource (201 pages) |
| Bibliography: | Includes bibliographical references and index. |
| ISBN: | 9781119693550 9781119693512 9781119693581 |
