Financing Entrepreneurship and Innovation in Emerging Markets

Lourdes Casanova , Peter Klaus Cornelius , Soumitra Dutta 지음

elsevier 2017년 11월 17일 출간

작품소개

책소개

Financing Entrepreneurship and Innovation in Emerging Markets offers an original perspective on the links between macro data on innovation, data on micro-entrepreneurial processes and venture capital supply. The authors synthesize two disparate fields of research and thinking??innovation and entrepreneurship and economics??to illuminate how domestic companies compete and the business environment in which entrepreneurial firms operate. Its broad scope and firm linkages between processes at different levels leapfrogs research topics. For those investigating entrepreneurship and innovation in the early stages of economic development, this book demonstrates how micro and macro foundations of productivity, and hence economic growth and development, are inextricably intertwined.Combines macro and micro perspectives on innovation processesReveals how economic growth and development are inextricably intertwinedUses case studies to portray the entrepreneurial firm and its role in accelerating the speed of innovation and dissemination of new technologiesIdentifies common flaws undermining public venture programs, including poor design, a lack of understanding for the entrepreneurial process and implementation problems

목차

1. Introduction Part 1: Global Innovation Competitiveness 2. Global Innovation Competitiveness: How Emerging Economies Compare 3. The Impact of Science and Technology Policies on Rapid Economic Development in China 4. Tencent: A Giant Asserting Dominance 5. Policies to Drive Innovation in India 6. Flipkart and the Race to the Top of Indian e-Commerce Part 2: Financing Entrepreneurship 7. Banks, Credit Constraints, and the Financial Technology??s Evolving Role 8. Technology Startups, Innovation, and the Market for Venture Capital 9. Corporate Venture Capital 10. Noninstitutional Forms of Entrepreneurial Finance: Angel Investments, Accelerators, and Equity Crowdfunding 11. The Role of Government

출판사 서평

"This book explores in depth the existing conditions, challenges and opportunities for driving innovation and entrepreneurship in the developing world with relevant examples of successful ventures from India and China, two of the biggest emerging economies in the world. It dexterously guides us to appreciate the nuances of the financial frameworks that are shaping the entrepreneurial ecosystems in emerging markets vis-?-vis developed economies. Expanding on the learnings from the Global Innovation Index, the book seamlessly complements its policy suggestions, and adds valuable insights and inferences to this body of work. An important read for policy makers, scholars and entrepreneurs across economies." ?? Chandrajit Banerjee, Director General Confederation of Indian Industry "Well researched and illuminating. A must read for serious investors exploring private investments outside the US." ?? Andrew Boyd, Head of Global Equity Capital Markets, Fidelity Investments "The authors provide a detailed and nuanced analysis of how innovation in developing economies is shaping the global economy. While it is common knowledge that most future economic growth will happen outside the G-20, there has been little research on the details of how this will occur. ??Financing Entrepreneurship and Innovation in Emerging Markets?? collects what we know about entrepreneurial finance in emerging economies and combines this with a more established body of knowledge in developed economies to help the reader understand the future path of financing innovative businesses throughout the world. The authors demystify the interaction between factors of production, financing activity, and policy to provide a clear picture of how transformational entrepreneurship will drive growth in emerging economies." ?? Gregory W. Brown, Professor and Director, Frank H. Kenan Institute of Private Enterprise, Research Director, Institute for Private Capital, and Sarah Gra

작가정보

저자(글) Lourdes Casanova

저자(글) Peter Klaus Cornelius

저자(글) Soumitra Dutta