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...
| Main Author: | |
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| Format: | eBook |
| Language: | English |
| Published: |
London : Hoboken, NJ,
ISTE, Ltd. ;
2020.
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| Series: | Innovation, entrepreneurship and management series. Innovation between risk and reward set ;
v. 6. |
| Subjects: | |
| Online Access: | Connect to the full text of this electronic book |
| 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 : illustrations |
| Bibliography: | Includes bibliographical references and index. |
| ISBN: | 9781119693512 1119693519 1119693586 9781119693581 9781119693550 1119693551 |