کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
7256228 1472398 2016 10 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Exploring strategic venture capital financing with Silicon Valley style
موضوعات مرتبط
علوم انسانی و اجتماعی مدیریت، کسب و کار و حسابداری کسب و کار و مدیریت بین المللی
پیش نمایش صفحه اول مقاله
Exploring strategic venture capital financing with Silicon Valley style
چکیده انگلیسی
The study explores Israel's Silicon Valley style of entrepreneurial financing and venture capital (VC) management. Israel is known as the most successful Silicon Valley-style economy, similar to the US Silicon Valley. The high-tech economy of Israel presents an interesting case of effective institutional setting and policies that transform the country into the innovation nation. The analyses were carried out based on the competitive Diamond model. The results have shown that the thriving Israeli high-tech clusters are the result of Triple Helix interactions and government-led policies in creating VC industry with the financial support of Yozma program as well as foreign funding. Importantly, the government financing did not crowd out but crowd in private investments. The paper provides lessons on Silicon Valley-style management and the proactive role of Israeli government in promoting high-tech clusters which would be useful for other countries to learn from the Israeli experience.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Technological Forecasting and Social Change - Volume 102, January 2016, Pages 80-89
نویسندگان
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