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Harvesting

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Nurturing Science-based Ventures

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Abstract

Entrepreneurs invest much time, money, and personal energy into building their ventures; at some point in the future, adequate rewards are expected. The process of turning some of the value created into hard cash for the entrepreneur is referred to as harvesting. It is in effect the realization of one of the key objectives of venturing – the increase in personal wealth and financial well-being. Harvesting should never be thought of as a terminal activity, or the end of the process. Rather, it is a necessary step toward recycling the entrepreneurial talent and capital, offering the entrepreneur the opportunity to take his or her money out, partly or entirely, to pursue other plans and ventures. It is a starting point rather than an end point.

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(2008). Harvesting. In: Nurturing Science-based Ventures. Springer, London. https://doi.org/10.1007/978-1-84628-874-6_5

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