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 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

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