Financial Entrepreneurship for Economic Growth in Emerging Nations

Financial Entrepreneurship for Economic Growth in Emerging Nations

INTRODUCTION The discipline of financial entrepreneurship or entrepreneurial finance (Alemany, 2014) is a new subject area of considerable importance to the disciplines of entrepreneurship and finance. It is a fast growing area which ...

Author: Woldie, Atsede

Publisher: IGI Global

ISBN: 9781522527015

Category: Business & Economics

Page: 304

View: 505

Entrepreneurial endeavors are a pivotal driving force behind the modern business sector. These enterprises play a significant role in the development and sustainability of a nation’s economy. Financial Entrepreneurship for Economic Growth in Emerging Nations is an innovative reference source for the latest scholarly research on strategies and techniques for financing small and medium-sized enterprises in the context of developing nations. Including a range of pertinent topics such as microinsurance, risk management, and advertising, this book is ideal for managers, academics, professionals, graduate students, and practitioners interested in the dynamics of financial entrepreneurship.
Categories: Business & Economics

Strategic Entrepreneurial Finance

Strategic Entrepreneurial Finance

Colombo, M. and Grilli, L. (2007) 'Funding gaps? Access to banks loans by high-tech start-ups', Small Business Economics 29: 25–46. De Bettignies, J.-E. and Brander, J. (2007) 'Financing entrepreneurship: Bank finance versus venture ...

Author: Darek Klonowski

Publisher: Routledge

ISBN: 9781136210716

Category: Business & Economics

Page: 400

View: 949

Entrepreneurial finance is a discipline that studies financial resource mobilization, resource allocation, risk moderation, optimization in financial contracting, value creation, and value monetization within the context of entrepreneurship. However, without proper strategic consideration the discipline is incomplete. This book examines how the activity of entrepreneurial finance can be enhanced via a concentration on value creation and through improved strategic decision-making. The most unique feature of the book is its focus on value creation. For entrepreneurs, value creation is not a one-off activity, but rather a continuous cycle of incremental improvements across a wide range of business activities. Entrepreneurial value creation is described in four comprehensive stages: value creation, value measurement, value enhancement, and value realization, referred to as the C-MER model. This book focuses on what creates value rather than merely presenting value creation in a straight accounting framework. At the same time, deliberate and tactical planning and implementation ensure that the firm does not ignore the components necessary for it to survive and flourish.Vigorous strategic deliberations maximize the entrepreneurial firm’s chances of making the right business decisions for the future, enable the firm to manage its available financial and non-financial resources in the most optimal manner, ensure that the necessary capital is secured to progress the development of the firm to its desired development level, and build value. While financial considerations are important, the field of strategic entrepreneurial finance represents a fusion of three disciplines: strategic management, financial management, and entrepreneurship. This orientation represents a natural evolution of scholarship to combine specific domains and paradigms of naturally connected business disciplines and reflects the need to simultaneously examine business topics from different perspectives which may better encapsulate actual entrepreneurial practices.
Categories: Business & Economics

Entrepreneurial Finance

Entrepreneurial Finance

entrepreneurial funding innovations' for Venture Capital: An International Journal of Entrepreneurial Finance, Cristiano Bellavitis, Igor Filatotchev, Sam Kamuriwo, and Tom Vanacker argue that 'the entrepreneurial finance literature is ...

Author: Cristiano Bellavitis

Publisher: Routledge

ISBN: 9781351202138

Category: Business & Economics

Page: 130

View: 321

This book examines the proliferation of new sources of entrepreneurial finance and how these sources have the potential to make it easier for ventures to raise capital and grow. To date, entrepreneurial finance literature has developed a rich tradition of research on venture capital and angel finance. However, the emergence of ‘new’ sources of finance – such as crowdfunding – and the limited attention paid to ‘traditional’ debt financing and financial bootstrapping offer opportunities to explore, from different points of view and theoretical perspectives, the challenges that ventures face. The objective of this book is to explore these new and traditional sources of finance; suggest how these phenomena can be better understood conceptually; and guide new ways of understanding the topic in future, especially for researchers. The introduction outlines the new sources of entrepreneurial finance, and in comparing them with more traditional sources, proposes challenges in our conceptual understanding of these new and traditional sources. The subsequent chapters deal with important topics, including looking at the way different funding sources may interact; factors that impede family firms from getting external funding; how best to succeed with equity crowdfunding by looking at pre-selection processes; considering differences in perceptions towards funding sources arising from whether entrepreneurs are native born or immigrants; factors to consider when funding specialized assets in high uncertain sectors such as biotechnology; and the internationalization of business angel activity. This book was originally published as a special issue of the Venture Capital journal.
Categories: Business & Economics

Entrepreneurship Theory Process Practice

Entrepreneurship  Theory  Process  Practice

direct public offering (DPO) equity financing factoring finance companies informal risk capitalist initial public ... Some entrepreneurs do not like to seek newventure financing because they feel that venture capitalists are greedy.

Author: Donald F. Kuratko

Publisher: Cengage Learning

ISBN: 9780357033203

Category: Business & Economics

Page: 512

View: 860

Learn the true process of a successful entrepreneur with ENTREPRENEURSHIP: THEORY, PROCESS, PRACTICE, 11e! Presenting the most current thinking in this explosive field, this renowned entrepreneurship text provides a practical, step-by-step approach that makes learning easy. It incorporates up-to-the-minute information about trending topics such as The Lean Startup methodology and design innovation. The accompanying MindTap Learning Suite challenges you to apply what you've learned as you complete a unique set of activities designed to help you sharpen your entrepreneurial skills. You'll tackle activities that challenge you to experience the world of new venture creation or corporate innovation first hand. This book will be your guide to understanding the entrepreneurial challenges of tomorrow, and MindTap will teach you the necessary skills to become a leader in the industry. Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.
Categories: Business & Economics

Entrepreneurship and Development in the 21st Century

Entrepreneurship and Development in the 21st Century

James E. Owers and Bruno S. Sergi Abstract The financing of entrepreneurship has seen marked changes over time and continues to evolve rapidly. From the traditional sequence of self-funding, Angel financing, the rigors of securing ...

Author: Bruno S. Sergi

Publisher: Emerald Group Publishing

ISBN: 9781789732337

Category: Business & Economics

Page: 264

View: 139

The 21st century has brought about new trends in entrepreneurship and development. In this insightful volume, a cast of expert contributors explore how these new trends, along with a variety of political, cultural and social influences, have affected entrepreneurship, in all of its manifestations.
Categories: Business & Economics

Dynamics of Knowledge Intensive Entrepreneurship

Dynamics of Knowledge Intensive Entrepreneurship

3.2 Financing Financing entrepreneurship is an area that has received much attention in the field of entrepreneurship as well as in research focusing on policy issues. Thus, financing represents another important input to the KIE ...

Author: Franco Malerba

Publisher: Routledge

ISBN: 9781317686712

Category: Business & Economics

Page: 446

View: 112

Knowledge intensive entrepreneurship lies at the core of the structural shift necessary for the growth and development of a knowledge based economy, yet research reveals that the EU has fewer young leading innovators, and Europe’s new firms do not adequately contribute to industrial growth. This is especially true in the high R&D intensive, high-tech sectors. This structural malaise, undermining Europe’s growth potential, is well diagnosed, but poorly understood. This volume fills this important gap by exploring new firms that have significant knowledge intensity in their activity and develop and exploit innovative opportunities in diverse sectors. Through an evolutionary and systemic approach to entrepreneurship, focusing on knowledge intensive entrepreneurship as both a micro and a macro phenomena and analyzing firms in the context of various socio-economic models, the authors explore firms creation and origins around the world, their organization, strategies and business models as well as the role of innovation systems and institutions in their formation and growth. This comprehensive research text is vital reading for academics, researchers and students of high-tech and knowledge intensive entrepreneurship as well as those with an interest in industrial dynamics, innovation management and public policy.
Categories: Business & Economics

Entrepreneurial Finance

Entrepreneurial Finance

The financial objective is to increase the venture's value. Behaving fairly and honestly with the venture's constituencies builds confidence and support for the entrepreneur and the venture, which contributes to increasing the venture's ...

Author: J. Chris Leach

Publisher: Cengage Learning

ISBN: 9781337515306

Category: Business & Economics

Page: 752

View: 411

ENTREPRENEURIAL FINANCE, 6e, guides readers through a complete life cycle of the firm as it introduces the theories, knowledge, and corporate finance tools and techniques an entrepreneur needs to start, build, and eventually harvest a successful venture. With a strong emphasis on sound financial management practices, it explains how to secure financing, use business cash flow models, and strategically position the early-stage company. It also covers how to effectively interact with financial institutions and regulatory agencies that can affect venture growth and enable liquidity for investors. In-depth capstone cases, mini-cases, and examples vividly illustrate such key concepts as venture capital funds, institutional investors, strategic alliances, the role of business angels, licensing agreements, exit strategies, and much more. Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.
Categories: Business & Economics

Academic Entrepreneurship

Academic Entrepreneurship

A major challenge of founding teams of NTBFs is to achieve adequate financing (e.g., Carpentier and Suret 2006; Cassar 2004). The provision of capital can be understood as a selective system (Aldrich and Martinez 2001; ...

Author: Achim Walter

Publisher: Springer-Verlag

ISBN: 9783834989291

Category: Business & Economics

Page: 393

View: 952

Die Autorinnen und Autoren des vorliegenden Sammelbandes gehen der Frage nach, welche Voraussetzungen für eine erfolgreiche Unternehmensgründung aus der Forschung gegeben sein müssen.
Categories: Business & Economics

Journal of Small Business and Entrepreneurship

Journal of Small Business and Entrepreneurship

SME Financing Data Initiative — Building a Better Understanding of SME Financing The SME Financing Data Initiative (SME FDI) is a comprehensive data collection program on the financing situation of SMEs in Canada and was initiated ...

Author:

Publisher:

ISBN:

Category:

Page: 144

View: 319

Categories:

Social Entrepreneurship

Social Entrepreneurship

Financing. Social. Entrepreneurs. in. Europe. How. Financial. Intermediaries. can. leverage. the. Growth. of. Social. Entrepreneurs? Angela Lawaldt 1 Introduction In order to address the issue offinancing for Social Entrepreneurs in ...

Author: Petra Jähnke

Publisher: Springer-Verlag

ISBN: 9783531928197

Category: Social Science

Page: 297

View: 677

Categories: Social Science