Corporate Venture Capital: Bridging the Equity Gap in the Small Business Sector

by Kevin McNally

Overview

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 technology-based firm directors.

Product Details

ISBN-13:	9780415515016
Publisher:	Taylor & Francis
Publication date:	12/13/2011
Series:	Routledge Studies in Entrepreneurship and Small Business
Pages:	274
Product dimensions:	6.12(w) x 9.19(h) x (d)

Table of Contents

1. Inter-firm Collaboration, 2. Corporate Venturing and Corporate Venture Capital: Definitions, Potential Benefits Evidence and Justifications for Research, 3. Corporate Venture Capital Investment in the United Kingdom: A Survey of Corporate Objectives, 4. The CVC Investment Process: A Strategy for Bridging the Equity Gap, 5. Externally Managed CVC: The Fund Manager's Perspective, 6. Technology-based Firms and CVC: The Investee Company's Perspective, 7. Conclusions

Editorial Reviews

Examines one particular form of collaboration between large and small firms, corporate venture capital (CVC) investment, focusing on the relevance of various theories in explaining the formation and nature of CVC relationships. Considers the pressure on companies to make or seek CVC investments and relates them to conventional theories and debates concerning flexibility, discussing the extent to which CVC investments can be regarded as strategic alliances, and addresses the debate on the geography of alliance formation by examining the tendency for investments to be made within industrial districts. The levels of this form of collaboration are considered relative to alternative firm growth strategies. Based on surveys of UK companies. Annotation c. by Book News, Inc., Portland, Or.

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