Venture capital and the financing of innovation / Bernard Guilhon.

Format:

Book

Author/Creator:

Guilhon, Bernard, author.

Contributor:

Montchaud, Sandra, editor.

Series:

Innovation, entrepreneurship and management series. Innovation between risk and reward set ; Volume 6.

Innovation between Risk and Reward Set ; Volume 6

Language:

English

Subjects (All):

Venture capital.

Technological innovations--Finance.

Technological innovations.

Physical Description:

1 online resource (201 pages).

Edition:

First edition.

Place of Publication:

London : ISTE Limited ; Hoboken, New Jersey : John Wiley & Sons, Incorporated, [2020]

System Details:

text file

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.

Notes:

Description based on print version record.

Includes bibliographical references and index.

ISBN:

9781119693550

1119693551

9781119693512

1119693519

9781119693581

1119693586

OCLC:

1225940041