Venture Capital and the Financing of Innovation Contributor(s): Guilhon, Bernard (Author) |
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ISBN: 1786300699 ISBN-13: 9781786300690 Publisher: Wiley-Iste OUR PRICE: $169.05 Product Type: Hardcover - Other Formats Published: February 2020 |
Additional Information |
BISAC Categories: - Mathematics | Applied - Business & Economics | Corporate Finance - Venture Capital - Business & Economics | Finance - General |
Dewey: 332.041 |
LCCN: 2019952874 |
Physical Information: 0.7" H x 6.2" W x 9.3" (0.95 lbs) 196 pages |
Descriptions, Reviews, Etc. |
Publisher Description: 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. |