
Title:
Venture capital and the financing of innovation
Author:
Guilhon, Bernard, author.
ISBN:
9781119693512
9781119693581
9781119693550
Physical Description:
1 online resource : illustrations
Series:
Innovation, entrepreneurship and management series. Innovation between risk and reward set ; volume 6
Innovation, entrepreneurship and management series. Innovation between risk and reward set ; v. 6.
Abstract:
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.
Local Note:
John Wiley and Sons
Electronic Access:
https://onlinelibrary.wiley.com/doi/book/10.1002/9781119693512Copies:
Available:*
Library | Material Type | Item Barcode | Shelf Number | Status | Item Holds |
|---|---|---|---|---|---|
Searching... | E-Book | 595761-1001 | HG4751 .G85 2020 | Searching... | Searching... |
