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Financing entrepreneurship and innovation in emerging markets /

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 entrepre...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Casanova, Lourdes (Autor), Cornelius, Peter, 1960- (Autor), Dutta, Soumitra (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: London : Academic Press, an imprint of Elsevier, 2018.
Edición:First edition.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Machine generated contents note: 1. Introduction
  • 1.1. Technological Progress and Economic Development
  • 1.2. Innovation and the Role of Transformational Entrepreneurship
  • 1.3. Entrepreneurship and the Quality of the Business Environment
  • 1.4. Origins of Transformational Entrepreneurs
  • 1.5. Financing Entrepreneurship
  • 1.6. Structure of the Book
  • References
  • pt. I Global Innovation Competitiveness
  • 2. Global Innovation Competitiveness: How Emerging Economies Compare
  • 2.1. Measuring Innovation
  • 2.2. Global Innovation Index
  • 2.2.1. Stability at the Top
  • 2.2.2. Innovation is Becoming More Global but Divides Remain
  • 2.2.3. High-Quality Innovation Continues to Matter, and China is Catching up
  • 2.2.4. Top Performers by Income Group
  • 2.2.5. Clustering Leaders, Innovation Achievers, and Underperformers
  • 2.3. Specific Characteristics of Innovation Systems in Emerging Countries
  • 2.4. Tailoring Innovation Policies to the Needs of Developing Countries
  • 2.5. Conclusion
  • Appendix: The Global Innovation Index (GII) Conceptual Framework
  • Rationale for the Global Innovation Index
  • Inclusive Perspective on Innovation
  • Gil Conceptual Framework
  • Innovation Input Subindex
  • References
  • 3. Impact of Science and Technology Policies on Rapid Economic Development in China
  • 3.1. Overview
  • 3.2. Four Phases of China's S & T Policy Evolution
  • 3.2.1. Experimental Phase (1978
  • 85)
  • 3.2.2. Systemic Reform Phase (1985
  • 95)
  • 3.2.3. Deepening Reform Phase (1996
  • 2006)
  • 3.2.4. Long-term Plan and Policy Optimization (2006
  • 14)
  • 3.3. Outcomes and Analysis of S & T Reform
  • 3.3.1. S & T and R & D Investment
  • 3.3.2. Innovation Results: Patents, Products, and Research Publications
  • 3.3.3. Science Education
  • 3.3.4. Cultivation of an R & D Workforce
  • 3.4. What Other Countries can Learn From China
  • 3.5. What China can Learn From Other Countries
  • 3.6. Latest Reforms
  • References
  • 4. Tencent: A Giant Asserting Dominance
  • 4.1. Milestones
  • 4.1.1. Finding Its Identity
  • 4.1.2. Funding Its Ambitions
  • 4.1.3. Expanding Its Potential
  • 4.1.4. Venture Capital Investments
  • 4.2. Internationalization
  • 4.2.1. Patent Applications
  • An Early Effort to go Global
  • 4.2.2. WeChat as a Tool for Internationalization
  • 4.2.3. Investment in Gaming to Expand Global Footprint
  • 4.3. China's Innovation Ecosystem
  • 4.4. Tencent's Connected Universe and Unique Business Model
  • 4.4.1. Gaming
  • 4.4.2. Messaging and Social Networking
  • 4.5. Supporting Businesses
  • 4.5.1. Search Engine and Email
  • 4.5.2. Software and Apps
  • 4.5.3. Online-to-Offline (020) Services
  • 4.5.4. Payment Platforms
  • 4.5.5. Entertainment Platforms
  • 4.6. Unique Business Model
  • 4.7. Factors Contributing to Success
  • 4.7.1. Innovation in Products and Services
  • 4.7.2. Strong Leadership
  • 4.8. Chinese Market and Possibilities
  • 4.8.1. Growth of the Middle Class
  • 4.8.2. Young Population
  • 4.8.3. Shift to e-Commerce
  • 4.9. Protected Environment
  • 4.9.1. Collaborative Competition
  • 4.9.2. Tencent and Baidu Against Alibaba
  • 4.9.3. Tencent and Alibaba Against Baidu
  • 4.10. Challenges
  • 4.10.1. Challenges in Taking WeChat Global
  • 4.10.2. Challenges in the Gaming Business
  • 4.10.3. Challenges Faced in U.S. Market
  • 4.11. Future
  • Appendix
  • References
  • 5. Policies to Drive Innovation in India
  • 5.1. Evolving Policy Landscape and Research and Development Growth
  • 5.2. Review of Gil Findings and Pillars, and Their Impact on India's Ranking
  • 5.3. Strengths and Weaknesses of India's Innovation Performance
  • 5.3.1. Top Indian Universities
  • 5.3.2. Publication Citations
  • 5.3.3. Mobile Networks, Information Technology, and Broadband
  • 5.3.4. Gross Capital Formation and Market Capitalization
  • 5.3.5. Small- and Medium-Sized Enterprises
  • 5.3.6. Intellectual Property Rights
  • 5.3.7. Access to Higher Education
  • 5.4. Conclusions and the Way Forward
  • References
  • 6. Flipkart and the Race to the Top of Indian e-Commerce
  • 6.1. Flipkart Today
  • 6.2. Early Years and Funding
  • 6.3. Becoming a Unicorn
  • 6.3.1. Customer Focus
  • 6.3.2. Introduction of Mobile Phones and Cash on Delivery
  • 6.3.3. Introduction of Mobile Phones, Music, and Movies
  • 6.3.4. Investment in Own Supply Chain
  • 6.3.5. Branding
  • 6.3.6. Expansion into Fashion and Lifestyle Products
  • 6.4. External Motivators: A Supporting Environment in India
  • 6.4.1. Availability of FDI
  • 6.4.2. Increasing Youth and Working-age Population
  • 6.4.3. Growing Economy
  • 6.4.4. Global Shift to e-Commerce
  • 6.4.5. Indians Embracing e-Commerce
  • 6.4.6. Innovation Ecosystem
  • 6.5. Amazon's Entry
  • 6.6. Regulation Affecting Indian e-Commerce
  • 6.7. Competitive Landscape in Indian e-Commerce
  • 6.8. Flipkart's Response to the Changing e-Commerce Landscape
  • 6.8.1. Change in Business Model Through Launch of Marketplace
  • 6.8.2. Acquisition of Myntra
  • 6.8.3. Billion-Dollar Round of Funding
  • 6.8.4. First Signs of Trouble
  • 6.8.5. Misstep of Going App-Only
  • 6.8.6. Fall in Valuation
  • 6.8.7. Ownership and Management Changes
  • 6.8.8. Developing Its Own Business Model
  • 6.9. Way Forward
  • 6.9.1. Game Theory
  • War of Attrition
  • 6.9.2. New Entry/Consolidation
  • 6.9.3. Impact of Future Policy Changes
  • Appendix
  • References
  • pt. II Financing Entrepreneurship
  • 7. Banks, Credit Constraints, and the Financial Technology's Evolving Role
  • 7.1. Entrepreneurship and Finance
  • 7.2. Credit Constraints and the Role of Banks
  • 7.3. Microcredit
  • 7.4. Financial Technology and Marketplace Lending
  • 7.5. Conclusions
  • References
  • 8. Technology Startups, Innovation, and the Market for Venture Capital
  • 8.1. What Do Venture Capitalists Do?
  • 8.2. Industry Focus and the Role of Venture Capital in Fostering Innovation
  • 8.3. Exporting the VC Model: The Emergence of VC Hotbeds in China and India
  • 8.4. E-Commerce and the Role of the Internet
  • 8.5. Next Frontier
  • 8.6. Conclusions
  • Appendix
  • References
  • 9. Corporate Venture Capital
  • 9.1. Size and Evolution of the CVC Market
  • 9.1.1. Market Size
  • 9.1.2. Corporate Venture Cycles
  • 9.2. Organizational Forms of Corporate Venturing
  • 9.3. How Successful is Corporate Venturing?
  • 9.4. Corporate Venturing in Emerging Markets
  • 9.5. Conclusions
  • References
  • 10. Noninstitutional Forms of Entrepreneurial Finance: Angel Investments, Accelerators, and Equity Crowdfunding
  • 10.1. Early-Stage Funding and Angel Investors
  • 10.1.1. What Do Angel Investors Do?
  • 10.1.2. Size of the Market for Angel Investments
  • 10.1.3. Angel Financing's Impact
  • 10.2. Accelerators
  • 10.2.1. Basic Characteristics
  • 10.2.2. How Successful are Accelerator Programs?
  • 10.3. Crowd Investing
  • 10.3.1. Business Model of Crowd Investing
  • 10.3.2. Market Size and the Role of Regulation
  • 10.4. Conclusions
  • References
  • 11. Role of Government
  • 11.1. Market Failures and the Rationale for Government Intervention
  • 11.2. Institutional Reform Aiming to Create an Active VC Market
  • 11.3. Public Funding of Entrepreneurship
  • 11.3.1. Government Loans and Loan Guarantees
  • 11.3.2. Government as Venture Capitalist
  • 11.3.3. Government-Sponsored Business Accelerators and Incubators
  • 11.3.4. Role of Public Pension Funds and SWFs
  • 11.4. Entrepreneurial Finance Provided by Development Finance Institutions and Multilateral Organizations
  • 11.5. Conclusions
  • Appendix
  • References.