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...

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Detalles Bibliográficos
Otros Autores: Guilhon, Bernard, author (author), Montchaud, Sandra, editor (editor)
Formato: Libro electrónico
Idioma:Inglés
Publicado: London : Hoboken, New Jersey : ISTE Limited [2020]
Edición:First edition
Colección:Innovation, entrepreneurship and management series. Innovation between risk and reward set ; Volume 6.
Materias:
Ver en Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009630833306719
Descripción
Sumario: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.
Descripción Física:1 online resource (201 pages)
Bibliografía:Includes bibliographical references and index.
ISBN:9781119693550
9781119693512
9781119693581