Abstract

• Entrepreneurs and small and medium-sized enterprise (SME) managers capitalize their firms with debt equity investments, or a combination of both. • Equity investments such as venture capital can erode executive control but can enable access to the investor’s knowledge, advice, and networks. • Venture capital can be provided by business angels, independent venture capital firms (IVCs), corporations, or universities. • The sources’ differing investment objectives, backgrounds, and control mechanisms deliver varying levels of added value to the SME. • Companies seeking venture capital should select investors whose objectives, potential to add value, and expectations of control mesh most closely with those of the entrepreneur.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.