Venture Capital and the Financing of Innovation
Language: English
Published by ISTE Ltd and John Wiley & Sons Inc, 2020
- Hardcover
- New

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Seller Inventory # V9781786300690
- Title
- Venture Capital and the Financing of Innovation
- Author
- Bernard Guilhon
- Publisher
- ISTE Ltd and John Wiley & Sons Inc
- Publication year
- 2020
- Condition
- New
- Binding
- Hardcover
- Language
- English
- ISBN 10
- 1786300699
- ISBN 13
- 9781786300690
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.
"Synopsis" may belong to another edition of this title.
About the Author
Bernard Guilhon is Emeritus Professor at Aix-Marseille University, as well as a Professor at SKEMA Business School, France. He has written numerous books and articles on the knowledge economy and innovation.
"About the title" may belong to another edition of this title.
Kennys Bookstore
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