Download or read book The Role of Corporate Venture Capital in Innovation written by Joseph F. Tollington and published by Nova Science Publishers. This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Venture capital (also known as VC or Venture) is a type of private equity capital typically provided for early-stage, high-potential, growth companies in the interest of generating a return through an eventual realisation event such as an IPO or trade sale of the company. Venture capital investments are generally made as cash in exchange for shares in the invested company. It is typical for venture capital investors to identify and back companies in high technology industries such as biotechnology and ICT (information and communication technology). This book details the role of venture capital in innovation.
Download or read book How Venture Capital Works written by Phillip Ryan and published by The Rosen Publishing Group, Inc. This book was released on 2012-07-01 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explanations to the inner workings of one of the least understood, but arguably most important, areas of business finance is offered to readers in this engaging volume: venture capital. Venture capitalists provide necessary investment to seed (or startup) companies, but the startup is only the beginning, there is much more to be explored. These savvy investors help guide young entrepreneurs, who likely have little experience, to turn their businesses into the Googles, Facebooks, and Groupons of the world. This book explains the often-complex methods venture capitalists use to value companies and to get the most return on their investments, or ROI. This book is a must-have for any reader interested in the business world.
Download or read book The Architecture of Innovation written by Joshua Lerner and published by Harvard Business Press. This book was released on 2012 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 'The Architecture of Innovation', Josh Lerner explores what lies behind successful innovation, and what managers and companies can learn from successful and unsuccessful cases. He combines both analysis of in-house innovation in corporate research labs with finance-based venture capital investment in innovation.
Download or read book Corporate Venture Capital written by Kevin McNally and published by Routledge. This book was released on 1997-07-10 with total page 349 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses the lack of academic and practical research into corporate venturing by examining the role of this activity as both a form of large firm-small firm collaboration and as an alternative source of equity finance for small firms. These issues are explored through surveys of independent fund managers, coporate executives and technolo
Download or read book Corporate Entrepreneurship and Venturing written by Tom Elfring and published by Springer Science & Business Media. This book was released on 2006-01-25 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt: Corporate Entrepreneurship and Venturing is positioned at the crossroads of the strategy and entrepreneurship fields. The common theme is how and why corporate entrepreneurship and corporate venturing can contribute to innovation and strategic renewal in large established companies, in particular it explores ways to balance exploitation and exploration in established companies. The issue is how the locus of entrepreneurship affects the way corporate entrepreneurship addresses the exploitation/exploration challenge. In some chapters corporate entrepreneurship is dispersed across the organization and they examine the key elements of an entrepreneurial culture and the organizational conditions that are favorable to entrepreneurial initiatives. The other chapters contribute to the discussion on the potential role of corporate venturing which is separated from the main parts of the organization. They examine the advantages and disadvantages of corporate venture capital programs as particular forms of focused corporate entrepreneurship.
Download or read book Venture Capital and the Finance of Innovation written by Andrew Metrick and published by John Wiley and Sons. This book was released on 2011-06-15 with total page 1153 pages. Available in PDF, EPUB and Kindle. Book excerpt: This useful guide walks venture capitalists through the principles of finance and the financial models that underlie venture capital decisions. It presents a new unified treatment of investment decision making and mark-to-market valuation. The discussions of risk-return and cost-of-capital calculations have been updated with the latest information. The most current industry data is included to demonstrate large changes in venture capital investments since 1999. The coverage of the real-options methodology has also been streamlined and includes new connections to venture capital valuation. In addition, venture capitalists will find revised information on the reality-check valuation model to allow for greater flexibility in growth assumptions.
Download or read book Masters of Corporate Venture Capital written by Andrew Romans and published by Createspace Independent Publishing Platform. This book was released on 2016-08-18 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: Andrew Romans captured wisdom from interviews with 100+ Corporate Venture Capitalists (CVCs), independent VCs, CEOs of startups, bankers and lawyers to write the definitive book on the topic of CVC. Masters of Corporate Venture Capital is packed with invaluable advice about how to best raise capital from CVCs, unlock synergies of partnering startups with large corporations for rapid international growth and avoid potential disasters and other dangers related to CVC.More than 20% of all Venture Capital financings include at least one CVC and thus startups need to understand this previously misunderstood area of funding. Corporations need to establish their own CVC arms to access external innovation and learn how to bring this inside via VC investing, partnerships and M&A. We work in a very complex ecosystem and this book captures stories that bring the complexity to life with simple lessons.This book is for:* Entrepreneurs* VCs* Angel investors* Family offices* CVCs* Corporates thinking about launching a CVC* Anyone advising startups.
Download or read book The Oxford Handbook of Venture Capital written by Douglas Cumming and published by Oxford University Press. This book was released on 2012-04-20 with total page 1126 pages. Available in PDF, EPUB and Kindle. Book excerpt: Venture capital (VC) refers to investments provided to early-stage, innovative, and high growth start-up companies. A common characteristic of all venture capital investments is that investee companies do not have cash flows to pay interest on debt or dividends on equity. Rather, investments are made with a view towards capital gain on exit. The most sought after exit routes are an initial public offering (IPO), where a company lists on a stock exchange for the first time, and an acquisition exit (trade sale), where the company is sold in entirety to another company. However, VCs often exit their investments by secondary sales, wherein the entrepreneur retains his or her share but the VC sells to another company or investor buybacks, where the entrepreneur repurchases the VC`s interest and write-offs (liquidations). The Oxford Handbook of Venture Capital provides a comprehensive picture of all the issues dealing with the structure, governance, and performance of venture capital from a global perspective. The handbook comprises contributions from 55 authors currently based in 12 different countries.
Download or read book Corporate Venturing written by Dado Van Peteghem and published by Die Keure Publishing. This book was released on 2018-05-31 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Different strategies and tactics to accelerate innovation and growth through collaboration. This is not the hype story of how cool startups are and why you should invest in them with a fund or setup an accelerator. Corporate Venturing is so much more than CVC - Corporate Venture Capital. The aim of this book is to provide insights in the different strategies and tactics to accelerate innovation and growth through collaboration, as well as plenty of cases as examples where these models are successfully applied. This is not a book for people that are looking for complex innovation theories around venturing. Rather it’s a no-nonsense, ready-to-apply comprehensive guide for creating and reviewing your corporate venturing strategy as strategic growth. The book will provide guidance, insights, perspective and inspiration for anyone that has intrests in corporate venturing as a strategy to accelerate growth. Whether you are a large corporate or an upcoming player in the market. With cases from Ricolab, BNP Paribas Fortis, Roularta Media Group, SNCF and Cartamundi. Discover a ready-to-apply comprehensive guide for creating and reviewing your corporate venturing strategy as strategic growth. EXTRACT Attract a-typical ventures For starters, you will attract ventures that you may not have found yourself, because you’re too focused on specific fields. While a company may not fit the profile you’re looking for at first sight, digging deeper may reveal that they are solving the same problem in a different industry, or that they are doing breakthrough work that you hadn’t even considered yet. It’s a more passive approach than scouting, but you will need to keep creating content to keep it going, so don’t underestimate the work. ABOUT THE AUTORS Dado Van Peteghem is one of the leading experts in the digital sector. He is a frequent keynote speaker and entrepreneur. Dado is Founding partner at the consulting firm Duval Union Consulting, co-founder of several startups including Social Seeder, Speakersbase and TrendBase, giving more than 150 speeches per year internationally on topics as digital disruption and transformation, corporate innovation and startup thinking. Omar Mohout, currently Entrepreneurship Fellow at Sirris, is a former technology entrepreneur, a widely published technology author, C-level advisor to high growth startups as well as Fortune 500 companies and Professor of Entrepreneurship at the University of Antwerp, the Antwerp Management School, ULB and Solvay Brussels School of Economics and Management.
Download or read book Corporate Venture Capital as a Viable Instrument to Foster Innovation written by Thomas Kunzmann and published by diplom.de. This book was released on 2003-05-20 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inhaltsangabe:Zusammenfassung: Immer mehr junge Unternehmungen erobern Märkte, die vormals von etablierten Konzernen dominiert waren. Innovationen können verhindern, dass Konzerne langfristig von solchen Unternehmungen verdrängt werden. Corporate Venture Capital (CVC) stellt eine geeignete Form dar das Innovationsmanagement zu unterstützen. Obwohl es eng mit dem Venture Capital Finanzierungskonzept verwandt ist, stellt CVC eine für Unternehmen variierte Form Innovation zu schüren dar. Die Diplomarbeit beschäftigt sich in einem empirischen Teil mit dem Einsatz dieses Instrumentes in einem Entwicklungsland, wo naturgemäß Innovationsaktivitäten weniger ausgeprägt sind. Deswegen stoßen Konzerne beim erfolgreichen Einsatz von CVC auf Hindernisse und Grenzen. Eine Analyse des Brasilianischen CVC Marktes und eine integrierte Fallstudie eines großen nationalen CVC Gebers offenbaren Unterschiede zu Industrieländern. Die gegenwärtige Forschung, welche meist auf Industrieländer beschränkt bleibt, stuft strategische CVC Aktivitäten als sehr sinnvoll sein. Die Analyse ergibt jedoch, dass finanzielle Zielsetzungen in Brasilien überwiegen. Unterschiedliche Markt und Regulierungsbedingungen, Kulturunterschiede, Schwachstellen im der Makroökonomischen Umwelt, im Anreizsystem sowie andere Herausforderungen, erfordern Anpassungen beim Einsatz von CVC, um mit erhöhten Risiken besser umzugehen, unabhängig in welcher Phase des CVC Prozesses. Nichtsdestotrotz erscheint CVC ein geeignetes Innovationsinstrument in Brasilien zu sein und besitzt noch Entwicklungspotential. Abstract: Corporations require innovation to maintain business, since small enterprises with new products can rapidly overtake slow established ones. Corporate venture capital seems attractive to generate radical innovation. While CVC is closely related to the financing concept of venture capital, corporations increasingly use corporate venture capital to foster innovation efforts. In developing countries, where innovation activities are scarce, corporations face many obstacles and barriers to deploy successfully corporate venture capital. An empirical study of Brazil's corporate venture capital market reveals business practices different from conventional concepts in industrialized countries. According to conventional knowledge, strategic corporate venture capital investments make most sense, but in practice financial objectives dominate in Brazil. Different market and regulatory conditions, [...]
Download or read book Venture Capital and Innovation written by Robert Premus and published by . This book was released on 1985 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Venture Capital and the Financing of Innovation written by Bernard Guilhon and published by John Wiley & Sons. This book was released on 2020-02-05 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Financing Life Science Innovation written by A. Styhre and published by Springer. This book was released on 2015-04-21 with total page 413 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financing Life Science Innovation reviews the literature on venture capital, corporate governance, and life science venturing and presents a study of the Swedish life science industry and the venture capital investors being active in financially and managerially supporting life science start-up firms.
Download or read book Financial Systems Corporate Investment in Innovation and Venture Capital written by Anthony Bartzokas and published by Edward Elgar Publishing. This book was released on 2004-01-01 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Financial Systems, Corporate Investment in Innovation, and Venture Capital is a text for scholars and students of the theory and practice of financing innovation. It will also be a source for governments, NGOs, financial institutions and multilateral agencies interested in the practicalities of promoting technology-based small and medium enterprises."--BOOK JACKET.
Download or read book Corporate Innovation written by and published by IndependentBook. This book was released on with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Corporate Venture Capital CVC Seeking Innovation and Strategic Growth written by Ian MacMillan and published by CreateSpace. This book was released on 2012-04-28 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report examines corporate venture capital (CVC) as a model of innovation. CVC programs in established corporations invest in and partner with entrepreneurial companies. By doing so, established companies are able to identify and source new emerging technologies from entrepreneurial companies. CVCs typically make a financial investment and receive a minority equity stake in an entrepreneurial company. CVCs also facilitate investment of in-kind resources into portfolio companies. In return, the parent corporation gains a window on new technologies and strategically complementary companies that could become strategic partners. CVCs generally invest with a combination of financial and strategic objectives. Strategic objectives include leveraging external sources of innovation, bringing new ideas and technologies into the company, and taking "real options" on technologies and business models (by investing in a wider array of technologies or business directions than the company can pursue itself). Corporate venture capital may be viewed in the broader context of corporate venturing, including both internal and external venturing. Internal venturing programs "go inside" the firm and create entrepreneurial ventures from within the corporation. External venturing programs "go outside" the firm and tap external sources of innovation, whether through research collaborations with universities, strategic alliances with other firms, or partnerships with entrepreneurial companies. Often, the firm's internal and external venturing efforts are closely related and interact with each other. CVC programs in established corporations face both inward and outward. They face outward to build relationships with the entrepreneurial venture community, learn about new technology and business directions, and make investments that create new strategic opportunities for the corporation. They face inward to interact with the firm's R&D and business operating units, in order to identify operating units' interests and priorities. CVCs support the corporation's existing businesses by introducing new technologies and partnerships to its operating groups. At the same time, CVCs help identify technologies and opportunities that fall between or beyond the corporation's existing businesses. This report uses industry data and original survey data to describe trends and characteristics of CVC organizations and investments. These data provide insight on a range of issues relating to CVC operations and investments. U.S. Department of Commerce, National Institute of Standards and Technology. NIST GCR 08-916
Download or read book The Innovation Blind Spot written by Ross Baird and published by BenBella Books. This book was released on 2017-09-12 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: Our innovation economy is broken. But there's good news: The ideas that will solve our problems are hiding in plain sight. While big companies in the American economy have never been more successful, entrepreneurial activity is near a 30-year low. More businesses are dying than starting every day. Investors continue to dump billions of dollars into photo-sharing apps and food-delivery services, solving problems for only a wealthy sliver of the world's population, while challenges in health, food security, and education grow more serious. In The Innovation Blind Spot, entrepreneur and venture capitalist Ross Baird argues that the innovations that truly matter don't see the light of day—for reasons entirely of our own making. A handful of people in a handful of cities are deciding, behind closed doors, which entrepreneurs get a shot to succeed. And most investors are what Baird calls "two-pocket thinkers"—artificially separating their charitable work from their day job of making a profit. The resulting system creates rising income inequality, stifled entrepreneurial ambition, social distrust, and political uncertainty. Our innovation problem makes all our other problems harder to solve. In this book, Baird demonstrates how and where to find better ideas by lifting up people, places, and industries that are often overlooked. What's more, Baird ultimately outlines how to create long-term success through "one-pocket thinking"—eliminating the blind spot that separates "what we do for a living" and "what we really care about."
