Financing technology startups: an entrepreneur's dilemma
17 Oct 2012-Emerald Emerging Markets Case Studies (Emerald Group Publishing Limited)-Vol. 2, Iss: 8, pp 1-17
TL;DR: In this article, Aluru Karthik Prasanth is presented as a young entrepreneur with passion and drive to pursue the commercialization of an idea he developed during his undergraduate studies in engineering.
Abstract: Title – Financing technology startups: an entrepreneur's dilemma.Subject area – Entrepreneurship, finance, technology and innovation, general management.Study level/applicability – This case is suitable for students in finance, entrepreneurship and general management. The case seeks to understand the challenges of funding in technology startups and how they vary from product to service areas.Case overview – Availability of capital, short term and long term, is a major constraint faced by entrepreneurs. In India, in the technology sector, services companies have been able to innovate and grow whereas product‐based companies that survived the challenges of funding have been scarce. Aluru Karthik Prasanth is presented in the case as a young entrepreneur with passion and drive to pursue the commercialization of an idea he developed during his undergraduate studies in engineering. Leaving behind the beaten paths of MTech and employment, he decides to pursue MS entrepreneurship at IIT Madras. As he starts with ...
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TL;DR: In this article, the authors focus on students who have conceptualized the business idea during their academic studies and created the business venture during or within two years after graduation, and the extant liter...
Abstract: This study focuses on students who have conceptualized the business idea during their academic studies and created the business venture during or within two years after graduation. The extant liter...
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Book•
25 Mar 1994TL;DR: Rosenberg as discussed by the authors argues that technological changes are often "path dependent", in the sense that their form and direction tend to be influenced strongly by the particular sequence of earlier events out of which a new technology has emerged.
Abstract: The process of technological change takes a wide variety of forms. Propositions that may be accurate when referring to the pharmaceutical industry may be totally inappropriate when applied to the aircraft industry or to computers or forest products. The central theme of Nathan Rosenberg's new book is the idea that technological changes are often 'path dependent', in the sense that their form and direction tend to be influenced strongly by the particular sequence of earlier events out of which a new technology has emerged. The book advances the understanding of technological change by explictly recognising its essential diversity and path-dependent nature. Individual chapters explore the particular features of new technologies in different historical and sectoral contexts. This book presents a unique account of how technological change is generated and the processes by which improved technologies are introduced.
858 citations
TL;DR: The authors provide an overview of the rapidly growing entrepreneurial finance literature, focusing on four primary areas of inquiry: alternative sources of capital, financial contracting issues, public policy, and the dynamics of private equity returns.
514 citations
Posted Content•
TL;DR: Rosenberg as discussed by the authors argues that technological changes are often "path dependent", in the sense that their form and direction tend to be influenced strongly by the particular sequence of earlier events out of which a new technology has emerged.
Abstract: The process of technological change takes a wide variety of forms. Propositions that may be accurate when referring to the pharmaceutical industry may be totally inappropriate when applied to the aircraft industry or to computers or forest products. The central theme of Nathan Rosenberg's new book is the idea that technological changes are often 'path dependent', in the sense that their form and direction tend to be influenced strongly by the particular sequence of earlier events out of which a new technology has emerged. The book advances the understanding of technological change by explictly recognising its essential diversity and path-dependent nature. Individual chapters explore the particular features of new technologies in different historical and sectoral contexts. This book presents a unique account of how technological change is generated and the processes by which improved technologies are introduced.
477 citations
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Abstract: In the last two decades, concepts have appeared that have influenced and even defined entire science and technology policies in Western countries: high technology, national system of innovation, information economy, knowledge-based economy, and the new economy. In all these policy developments, the OECD, acting as a think tank for its member countries, has been an important promoter of these concepts, turning them into buzzwords. This article looks at the concept of knowledge-based economy in order to explore the crucial role of the OECD in its dissemination and, above all, the role statistics have played in shaping policy discourses.
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290 citations