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Venture Innovation

  • Ian E. Maxwell
Chapter

Venture capital (VC) is a very powerful driver of quantum and disruptive innovation globally. Not only does venture capital simply provide funding but it also supports many of the other elements of the innovation process that are crucial to success. These may include technology due diligence, IP management, competitive analysis, business networking, operational management support, governance, financial discipline and marketing which is often, not always, fully recognized. Venture capital also provides a powerful market mechanism for “fast failure” innovation since a project that does not get VC funding will likely struggle for financing and therefore likely has a high risk profile. Overall, modern VC organizations have become very sophisticated at managing technical, managerial and financial risk, all of which is vitally important for a successful innovation process. In this regard, VC companies play a crucial role in providing relatively high-risk capital where other financial...

Keywords

Venture Capital Venture Capital Investment Seed Fund Venture Fund Clean Energy Technology 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Copyright information

© Ian E. Maxwell 2009

Authors and Affiliations

  • Ian E. Maxwell

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