Welcome,
New User!
New User!
Venture Capital
eBook Publisher: John Wiley & Sons
Imprint: Wiley
Format: ePub Encrypted (DRM)
Earn $0.50 - Write a Review »
Our Price
$64.99
Reward Money:
$0.00
An essential guide to venture capital
Studies have shown that venture capital backed entrepreneurial firms are on average significantly more successful than non-venture capital backed entrepreneurial firms in terms of innovativeness, profitability, and share price performance upon going public. Understanding the various aspects of venture capital is something anyone in any industry should be familiar with.
This reliable resource provides a comprehensive view of venture capital by describing the current state of research and best practices in this arena. Issues addressed include sources of capital-such as angel investment, corporate funds, and government funds-financial contracts and monitoring, and the efficiency implications of VC investment, to name a few. Opens with a review of alternative forms of venture capital Highlights the structure of venture capital investments Examines the role venture capitalists play in adding value to their investee firms
This informative guide will help you discover the true potential of venture capital.
See more like this in our Business & Economics eBooks section
Share your thoughts on the Venture Capital Business & Economics eBook with others!
| Title of Business & Economics eBook: Venture Capital | |
| Release Date: 04-29-2010 | |
| Publisher: Wiley |
This eBook download is available in the following formats:
| Parent title | Venture Capital |
|---|---|
| Encrypted (DRM) | Yes |
| SKU | 9780470599754 |
| File size | 4287 |
| Security | n/a |
| Printing | Not allowed |
| Copying | Not allowed |
| Read aloud | No Sys requirements Download reader |
| Devices | Samsung Tablet, Apple Ipad & Iphone, Barnes & Noble Nook, Kobo eReader, Aluratek Libre, Iliad, Nokia, Blackberry, Hanlin |
| Note | Excellent navigation features are available via Adobe such as bookmarks and a quick access table of contents. Text search is easily accessible. An Adobe DRM-protected file is different than a pdf file in that it uses Adobe DRM (Digital Rights Management) technology, which authors and publishers use to protect their content from illegal online distribution and to set certain privileges such as restrictions on copying and printing. |
Venture Capital
Chapter One
Introduction to the Companion to Venture CapitalDOUGLAS CUMMING Associate Professor and Ontario Research Chair, York University-Schulich School of Business
INTRODUCTION
Venture capital is often referred to as the "money of invention" (see, e.g., Black and Gilson 1998; Gompers and Lerner 1999; Kortum and Lerner 2000), and venture capital fund managers as those that not only provide the money but also other value-added resources to entrepreneurial firms. Venture capital fund managers play a significant role in enhancing the value of their entrepreneurial investments as they provide financial, administrative, marketing, and strategic advice to entrepreneurial firms, as well as facilitating a network of support for an entrepreneurial firm with access to the best accountants, lawyers, investment bankers, and organizations specific to the industry in which the entrepreneurial firm operates (Sahlman 1990; Sapienza, Manigart, and Vermeir 1996; Gompers and Lerner 1999; Manigart et al. 2002, 2006; Leleux and Surlemont 2003; Wright and Lockett 2003). In terms of innovativeness (Kortum and Lerner 2000), profitability, and share price performance upon going public (Gompers and Lerner 1999), academic studies have shown that entrepreneurial firms backed by venture capital are on average significantly more successful than entrepreneurial firms that are not.
There are massive differences in the size and success of venture capital markets around the world. These differences have been attributable to differences in shareholder protection (Jeng and Wells 2000), government venture capital funds and other government policies (Ja
...
