Trends In Venture Capital Finance In Developing Countries

IFC Discussion Paper No. 36. This paper presents an analysis of new data on venture capital in developing countries. The data from the regional venture capital associations detail sources and uses of venture financing flows by region, country, industry, type of investing institution, and stage of venture investment. The survey data detail fund organization, deal screening, capital structure, agency cost characteristics of asset structure, measures of entrepreneur human capital, and investment monitoring and control.

"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.

La edicion de 2001 se centra en la relacion entre inversion publica e inversion privada. El foco de este a?o esta en la calidad de la inversion publica, de su interaccion con la corrupcion, y del impacto que resulta en la inversion privada.

The same doubts being expressed about the possibilities for venture capital in the developing countries were expressed a decade ago about Europe and the Far East, two regions where venture capital is now growing fast. Venture capitalists tend to invest in good entrepreneurs, not good projects.

Venture capital may play an important role in supporting entrepreneurial development and small business growth. But institutional arrangements and instruments must be carefully chosen, taking into account the lessons from countries where venture capital has been a reality now for a few years. The Bank's role should be largely to disseminate these lessons.

Examines the potential role of venture capital firms in the developing countries.

This collected edition captures the essence of private equity development in emerging markets, examining the evolution of the private equity industry as well as exit opportunities, financial performance, and anticipated future trends. It also discusses the 'hands-on' aspects of private equity investing in emerging markets.

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.