Innovative entrepreneurship in Croatia: is there a market for venture capital?
Gespeichert in:
| Hauptverfasser: | , |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Baden-Baden
Nomos Verl.-Ges.
2005
|
| Ausgabe: | 1. Aufl |
| Online-Zugang: | Inhaltsverzeichnis |
| Beschreibung: | Literaturverz. S. 133 - 140 |
| Beschreibung: | 140 S. 153 mm x 227 mm |
| ISBN: | 3832915516 |
Internformat
MARC
| LEADER | 00000nam a2200000 c 4500 | ||
|---|---|---|---|
| 001 | BV023355943 | ||
| 003 | DE-604 | ||
| 005 | 00000000000000.0 | ||
| 007 | t | ||
| 008 | 080620s2005 |||| 00||| eng d | ||
| 020 | |a 3832915516 |c Pb. : EUR 29.00, sfr 51.00 |9 3-8329-1551-6 | ||
| 035 | |a (DE-599)BVBBV023355943 | ||
| 040 | |a DE-604 |b ger |e rakddb | ||
| 041 | 0 | |a eng | |
| 049 | |a DE-Re13 | ||
| 100 | 1 | |a Grupe, Claudia |e Verfasser |0 (DE-588)130445851 |4 aut | |
| 245 | 1 | 0 | |a Innovative entrepreneurship in Croatia |b is there a market for venture capital? |c Claudia Grupe ; Siniša Kušić |
| 250 | |a 1. Aufl | ||
| 264 | 1 | |a Baden-Baden |b Nomos Verl.-Ges. |c 2005 | |
| 300 | |a 140 S. |c 153 mm x 227 mm | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b n |2 rdamedia | ||
| 338 | |b nc |2 rdacarrier | ||
| 500 | |a Literaturverz. S. 133 - 140 | ||
| 700 | 1 | |a Kušić, Siniša |d 1971- |e Verfasser |0 (DE-588)122744373 |4 aut | |
| 856 | 4 | 2 | |m GBV Datenaustausch |q application/pdf |u http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=016539487&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |3 Inhaltsverzeichnis |
| 999 | |a oai:aleph.bib-bvb.de:BVB01-016539487 | ||
Datensatz im Suchindex
| _version_ | 1804137716793737216 |
|---|---|
| adam_text | CLAUDIA GRUPE/SINISA KUSID INNOVATIVE ENTREPRENEURSHIP IN CROATIA IS
THERE A MARKET FOR VENTURE CAPITAL? A(X - NOMOS CONTENTS PREFACE 5
CONTENTS 7 LIST OF ABBREVIATIONS 11 LIST OF TABLES 13 LIST OF FIGURES 13
1. INTRODUCTION AND MOTIVATION 15 2. COMPETITIVENESS, INNOVATION, AND
THE ROLE OF ENTREPRENEURIAL SMES 18 2.1. DEFINITION AND DETERMINANTS OF
COMPETITIVENESS 18 2.1.1. DEFINING COMPETITIVENESS 18 2.1.2.
DETERMINANTS OF COMPETITIVENESS 19 2.1.3. STAGES OF DEVELOPMENT 21 2.2.
INNOVATION * 22 2.3. THE ROLE OF THE ENTREPRENEUR 23 2.4. WHO INNOVATES?
THE ROLE OF SMALL ENTREPRENEURIAL FIRMS 25 2.4.1. EMPIRICAL RESULTS 26
2.4.2. CONCLUSION: COMPARATIVE ADVANTAGES OF SMES IN TECHNOLOGY
INTENSIVE PRODUCTION 28 2.5. FACTORS OF SUCCESS AND FAILURE 30 2.5.1.
THE MICROECONOMICS OF INNOVATION 30 2.5.2. THE INSTITUTIONAL FRAMEWORK
31 3. THE ROLE OF VENTURE CAPITAL IN PROMOTING INNOVATION 33 3.1.
DEFINITION 33 3.2. THEORETICAL APPROACH TO VENTURE CAPITAL 35 3.2.1.
EQUITY VS. DEBT FINANCE 36 3.2.2. COMMERCIAL BANKS AND THEIR ROLE AS
FINANCIAL INTERMEDIARIES 36 3.2.3. FINANCING NEEDS OF YOUNG INNOVATIVE
SMES 37 3.2.4. THE NICHE FOR VENTURE CAPITAL 41 3.3. VENTURE CAPITAL
CONTRACTING 43 7 3.3.1. THE INVESTMENT PROCESS 43 3.3.2. PARTIES IN THE
INVESTMENT PROCESS 44 3.3.3. MECHANISMS OF CONTROL 48 3.3.4. EXITING AN
INVESTMENT 50 3.4. CONDITIONS PROMOTING VENTURE CAPITAL: EMPIRICAL
RESULTS 51 3.5. VENTURE CAPITAL AND INNOVATION - EMPIRICAL RESULTS 53
3.5.1. KORTUM AND LERNER (1998) AND TYKOVA (2000) 54 3.5.2. EVCA
RESEARCH PAPER 55 3.6. VENTURE CAPITAL IN TRANSITION ECONOMIES 56 4.
COMPETITIVENESS OF THE CROATIAN ECONOMY 59 4.1. INTRODUCTION 60 4.2.
CROATIA S TRADE COMPETITIVENESS 62 4.3. GENERAL CHARACTERISTICS OF THE
CROATIAN INNOVATION SYSTEM 66 4.3.1. INVESTMENTS IN R&D 66 4.3.2. THE
ENDOWMENTS WITH HUMAN CAPITAL 67 4.4. TECHNOLOGY TRANSFER 68 4.5.
IMPLICATIONS 70 5. ENTREPRENEURSHIP: CROATIA S SME SECTOR 71 5.1.
QUANTITATIVE INDICATORS 71 5.2. INSTITUTIONAL FRAMEWORK 72 5.2.1.
GOVERNMENTAL INSTITUTIONS 72 5.2.2. REGULATION AND LEGISLATION 74 5.2.3.
TAX SYSTEM , 75 5.2.4. ADVISORY SERVICES AND BUSINESS INCUBATORS 76 5.3.
FINANCIAL SYSTEM 77 5.3.1. GENERAL CHARACTERISTICS OF THE CROATIAN
BANKING SECTOR 77 5.3.2. ASSESSMENT OF THE BANKING SECTOR 79 5.3.3.
PUBLIC SUPPORT.SCHEMES 82 5.3.4. THE CROATIAN CAPITAL MARKET 83 5.3.5.
ADDITIONAL SOURCES OF FINANCE 84 5.4. ENTREPRENEURSHIP IN CROATIA 85
5.4.1. MEASURING ENTREPRENEURSHIP IN CROATIA 86 5.4.2. REASONS FOR LOW
ENTREPRENEURIAL EFFORTS 87 6. RESULTS OF THE FIELD RESEARCH PROJECT 91
6.1. DESCRIPTION OF THE DATA BASE AND THE SURVEY SAMPLE 91 6.2. GENERAL
ATTRIBUTES OF RESPONDENTS 93 6.3. ASSESSMENT OF CHANCES FOR THE
HIGH-TECH SECTOR 94 6.4. INNOVATION AND COMPETITIVE STRATEGY 95 6.4.1.
INNOVATION ACTIVITIES AND COMMITMENT TO R&D 95 6.4.2. THE ROLE OF
STRATEGIC ALLIANCES 96 6.5. COMPETITIVE STRATEGIES 98 6.5.1. PERCEIVED
COMPETITIVE STRENGTHS AND WEAKNESSES 98 6.5.2. TRADE AND INTERNATIONAL
RELATIONS 100 6.6. FOUNDERS PROFILES 102 6.7. FINANCE 105 6.7.1.
SOURCES OF FUNDING 105 6.7.2. PERCEPTION OF THE BANKING SECTOR 106
6.7.3. ATTITUDE TOWARD VENTURE CAPITAL 108 6.7.4. A FURTHER
INVESTIGATION INTO THE ATTITUDE TOWARDS VENTURE CAPITAL 110 7. AN
ANALYSIS OF THE SUPPLY SIDE 112 7.1. AN OVERVIEW ON THE FUNDS 112 7.2.
TARGET COMPANIES AND SOURCES OF DEAL FLOW 114 7.3. INVESTOR-INVESTEE
RELATIONSHIPS 115 7.4. PERCEPTION OF THE BUSINESS ENVIRONMENT 116 8.
CONCLUDING REMARKS AND SUGGESTIONS 117 8.1. TOWARDS ENTREPRENEURSHIP IN
CROATIA 117 8.1.1. A NOTE ON BUSINESS CENTERS AND INCUBATORS 117 8.1.2.
A NOTE ON THE COMMITMENT TO INNOVATION 118 8.1.3. A NOTE ON THE
FINANCIAL ENVIRONMENT 118 8.2. IS THERE A MARKET FOR VENTURE CAPITAL IN
CROATIA? 119 8.2.1. PROBLEMS AND CHANCES 119 8.2.1.1. INNOVATIVE
ACTIVITIES 119 8.2.1.2. PROFITABILITY 120 8.2.1.3. FUNDRAISING 121
8.2.1.4. EXIT OPTIONS 121 8.2.2. TARGETS OF ECONOMIC POLICY 122 8.2.3.
THE LIMIT: ENTREPRENEURIAL ATTITUDE TOWARDS VENTURE CAPITAL 123 9.
OUTLOOK: TOWARDS ENTREPRENEURIAL SPIRIT IN CROATIA 126 APPENDIX:
QUESTIONNAIRE 127 BIBLIOGRAPHY 133 9
|
| adam_txt |
CLAUDIA GRUPE/SINISA KUSID INNOVATIVE ENTREPRENEURSHIP IN CROATIA IS
THERE A MARKET FOR VENTURE CAPITAL? A(X - NOMOS CONTENTS PREFACE 5
CONTENTS 7 LIST OF ABBREVIATIONS 11 LIST OF TABLES 13 LIST OF FIGURES 13
1. INTRODUCTION AND MOTIVATION 15 2. COMPETITIVENESS, INNOVATION, AND
THE ROLE OF ENTREPRENEURIAL SMES 18 2.1. DEFINITION AND DETERMINANTS OF
COMPETITIVENESS 18 2.1.1. DEFINING COMPETITIVENESS 18 2.1.2.
DETERMINANTS OF COMPETITIVENESS 19 2.1.3. STAGES OF DEVELOPMENT 21 2.2.
INNOVATION * 22 2.3. THE ROLE OF THE ENTREPRENEUR 23 2.4. WHO INNOVATES?
THE ROLE OF SMALL ENTREPRENEURIAL FIRMS 25 2.4.1. EMPIRICAL RESULTS 26
2.4.2. CONCLUSION: COMPARATIVE ADVANTAGES OF SMES IN TECHNOLOGY
INTENSIVE PRODUCTION 28 2.5. FACTORS OF SUCCESS AND FAILURE 30 2.5.1.
THE MICROECONOMICS OF INNOVATION 30 2.5.2. THE INSTITUTIONAL FRAMEWORK
31 3. THE ROLE OF VENTURE CAPITAL IN PROMOTING INNOVATION 33 3.1.
DEFINITION 33 3.2. THEORETICAL APPROACH TO VENTURE CAPITAL 35 3.2.1.
EQUITY VS. DEBT FINANCE 36 3.2.2. COMMERCIAL BANKS AND THEIR ROLE AS
FINANCIAL INTERMEDIARIES 36 3.2.3. FINANCING NEEDS OF YOUNG INNOVATIVE
SMES 37 3.2.4. THE NICHE FOR VENTURE CAPITAL 41 3.3. VENTURE CAPITAL
CONTRACTING 43 7 3.3.1. THE INVESTMENT PROCESS 43 3.3.2. PARTIES IN THE
INVESTMENT PROCESS 44 3.3.3. MECHANISMS OF CONTROL 48 3.3.4. EXITING AN
INVESTMENT 50 3.4. CONDITIONS PROMOTING VENTURE CAPITAL: EMPIRICAL
RESULTS 51 3.5. VENTURE CAPITAL AND INNOVATION - EMPIRICAL RESULTS 53
3.5.1. KORTUM AND LERNER (1998) AND TYKOVA (2000) 54 3.5.2. EVCA
RESEARCH PAPER 55 3.6. VENTURE CAPITAL IN TRANSITION ECONOMIES 56 4.
COMPETITIVENESS OF THE CROATIAN ECONOMY 59 4.1. INTRODUCTION 60 4.2.
CROATIA'S TRADE COMPETITIVENESS 62 4.3. GENERAL CHARACTERISTICS OF THE
CROATIAN INNOVATION SYSTEM 66 4.3.1. INVESTMENTS IN R&D 66 4.3.2. THE
ENDOWMENTS WITH HUMAN CAPITAL 67 4.4. TECHNOLOGY TRANSFER 68 4.5.
IMPLICATIONS 70 5. ENTREPRENEURSHIP: CROATIA'S SME SECTOR 71 5.1.
QUANTITATIVE INDICATORS 71 5.2. INSTITUTIONAL FRAMEWORK 72 5.2.1.
GOVERNMENTAL INSTITUTIONS 72 5.2.2. REGULATION AND LEGISLATION 74 5.2.3.
TAX SYSTEM , 75 5.2.4. ADVISORY SERVICES AND BUSINESS INCUBATORS 76 5.3.
FINANCIAL SYSTEM ' 77 5.3.1. GENERAL CHARACTERISTICS OF THE CROATIAN
BANKING SECTOR 77 5.3.2. ASSESSMENT OF THE BANKING SECTOR 79 5.3.3.
PUBLIC SUPPORT.SCHEMES 82 5.3.4. THE CROATIAN CAPITAL MARKET 83 5.3.5.
ADDITIONAL SOURCES OF FINANCE 84 5.4. ENTREPRENEURSHIP IN CROATIA 85
5.4.1. MEASURING ENTREPRENEURSHIP IN CROATIA 86 5.4.2. REASONS FOR LOW
ENTREPRENEURIAL EFFORTS 87 6. RESULTS OF THE FIELD RESEARCH PROJECT 91
6.1. DESCRIPTION OF THE DATA BASE AND THE SURVEY SAMPLE 91 6.2. GENERAL
ATTRIBUTES OF RESPONDENTS 93 6.3. ASSESSMENT OF CHANCES FOR THE
HIGH-TECH SECTOR 94 6.4. INNOVATION AND COMPETITIVE STRATEGY 95 6.4.1.
INNOVATION ACTIVITIES AND COMMITMENT TO R&D 95 6.4.2. THE ROLE OF
STRATEGIC ALLIANCES 96 6.5. COMPETITIVE STRATEGIES 98 6.5.1. PERCEIVED
COMPETITIVE STRENGTHS AND WEAKNESSES 98 6.5.2. TRADE AND INTERNATIONAL
RELATIONS 100 6.6. FOUNDERS' PROFILES 102 6.7. FINANCE 105 6.7.1.
SOURCES OF FUNDING 105 6.7.2. PERCEPTION OF THE BANKING SECTOR 106
6.7.3. ATTITUDE TOWARD VENTURE CAPITAL 108 6.7.4. A FURTHER
INVESTIGATION INTO THE ATTITUDE TOWARDS VENTURE CAPITAL 110 7. AN
ANALYSIS OF THE SUPPLY SIDE 112 7.1. AN OVERVIEW ON THE FUNDS 112 7.2.
TARGET COMPANIES AND SOURCES OF DEAL FLOW 114 7.3. INVESTOR-INVESTEE
RELATIONSHIPS 115 7.4. PERCEPTION OF THE BUSINESS ENVIRONMENT 116 8.
CONCLUDING REMARKS AND SUGGESTIONS 117 8.1. TOWARDS ENTREPRENEURSHIP IN
CROATIA 117 8.1.1. A NOTE ON BUSINESS CENTERS AND INCUBATORS 117 8.1.2.
A NOTE ON THE COMMITMENT TO INNOVATION 118 8.1.3. A NOTE ON THE
FINANCIAL ENVIRONMENT 118 8.2. IS THERE A MARKET FOR VENTURE CAPITAL IN
CROATIA? 119 8.2.1. PROBLEMS AND'CHANCES 119 8.2.1.1. INNOVATIVE
ACTIVITIES 119 8.2.1.2. PROFITABILITY 120 8.2.1.3. FUNDRAISING 121
8.2.1.4. EXIT OPTIONS 121 8.2.2. TARGETS OF ECONOMIC POLICY 122 8.2.3.
THE LIMIT: ENTREPRENEURIAL ATTITUDE TOWARDS VENTURE CAPITAL 123 9.
OUTLOOK: TOWARDS ENTREPRENEURIAL SPIRIT IN CROATIA 126 APPENDIX:
QUESTIONNAIRE 127 BIBLIOGRAPHY 133 9 |
| any_adam_object | 1 |
| any_adam_object_boolean | 1 |
| author | Grupe, Claudia Kušić, Siniša 1971- |
| author_GND | (DE-588)130445851 (DE-588)122744373 |
| author_facet | Grupe, Claudia Kušić, Siniša 1971- |
| author_role | aut aut |
| author_sort | Grupe, Claudia |
| author_variant | c g cg s k sk |
| building | Verbundindex |
| bvnumber | BV023355943 |
| ctrlnum | (DE-599)BVBBV023355943 |
| edition | 1. Aufl |
| format | Book |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>01172nam a2200289 c 4500</leader><controlfield tag="001">BV023355943</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">00000000000000.0</controlfield><controlfield tag="007">t</controlfield><controlfield tag="008">080620s2005 |||| 00||| eng d</controlfield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">3832915516</subfield><subfield code="c">Pb. : EUR 29.00, sfr 51.00</subfield><subfield code="9">3-8329-1551-6</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV023355943</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">rakddb</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-Re13</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Grupe, Claudia</subfield><subfield code="e">Verfasser</subfield><subfield code="0">(DE-588)130445851</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Innovative entrepreneurship in Croatia</subfield><subfield code="b">is there a market for venture capital?</subfield><subfield code="c">Claudia Grupe ; Siniša Kušić</subfield></datafield><datafield tag="250" ind1=" " ind2=" "><subfield code="a">1. Aufl</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Baden-Baden</subfield><subfield code="b">Nomos Verl.-Ges.</subfield><subfield code="c">2005</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">140 S.</subfield><subfield code="c">153 mm x 227 mm</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">n</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">nc</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="500" ind1=" " ind2=" "><subfield code="a">Literaturverz. S. 133 - 140</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Kušić, Siniša</subfield><subfield code="d">1971-</subfield><subfield code="e">Verfasser</subfield><subfield code="0">(DE-588)122744373</subfield><subfield code="4">aut</subfield></datafield><datafield tag="856" ind1="4" ind2="2"><subfield code="m">GBV Datenaustausch</subfield><subfield code="q">application/pdf</subfield><subfield code="u">http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=016539487&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA</subfield><subfield code="3">Inhaltsverzeichnis</subfield></datafield><datafield tag="999" ind1=" " ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-016539487</subfield></datafield></record></collection> |
| id | DE-604.BV023355943 |
| illustrated | Not Illustrated |
| index_date | 2024-07-02T21:06:58Z |
| indexdate | 2024-07-09T21:16:43Z |
| institution | BVB |
| isbn | 3832915516 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-016539487 |
| open_access_boolean | |
| owner | DE-Re13 DE-BY-UBR |
| owner_facet | DE-Re13 DE-BY-UBR |
| physical | 140 S. 153 mm x 227 mm |
| publishDate | 2005 |
| publishDateSearch | 2005 |
| publishDateSort | 2005 |
| publisher | Nomos Verl.-Ges. |
| record_format | marc |
| spelling | Grupe, Claudia Verfasser (DE-588)130445851 aut Innovative entrepreneurship in Croatia is there a market for venture capital? Claudia Grupe ; Siniša Kušić 1. Aufl Baden-Baden Nomos Verl.-Ges. 2005 140 S. 153 mm x 227 mm txt rdacontent n rdamedia nc rdacarrier Literaturverz. S. 133 - 140 Kušić, Siniša 1971- Verfasser (DE-588)122744373 aut GBV Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=016539487&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Grupe, Claudia Kušić, Siniša 1971- Innovative entrepreneurship in Croatia is there a market for venture capital? |
| title | Innovative entrepreneurship in Croatia is there a market for venture capital? |
| title_auth | Innovative entrepreneurship in Croatia is there a market for venture capital? |
| title_exact_search | Innovative entrepreneurship in Croatia is there a market for venture capital? |
| title_exact_search_txtP | Innovative entrepreneurship in Croatia is there a market for venture capital? |
| title_full | Innovative entrepreneurship in Croatia is there a market for venture capital? Claudia Grupe ; Siniša Kušić |
| title_fullStr | Innovative entrepreneurship in Croatia is there a market for venture capital? Claudia Grupe ; Siniša Kušić |
| title_full_unstemmed | Innovative entrepreneurship in Croatia is there a market for venture capital? Claudia Grupe ; Siniša Kušić |
| title_short | Innovative entrepreneurship in Croatia |
| title_sort | innovative entrepreneurship in croatia is there a market for venture capital |
| title_sub | is there a market for venture capital? |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=016539487&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| work_keys_str_mv | AT grupeclaudia innovativeentrepreneurshipincroatiaisthereamarketforventurecapital AT kusicsinisa innovativeentrepreneurshipincroatiaisthereamarketforventurecapital |