| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 1021985 | Technovation | 2013 | 9 Pages |
This paper is concerned with the role of equity financing to support entrepreneurship in Asia with a particular focus on venture capital (VC) financing policies of Singapore and Thailand. Although Singapore and Thailand adopt the government intervention approach in VC financing, the analysis has shown that Singapore is more successful due to effective use of innovation financing policies in the catch-up process to develop its economy and strong network linkages with US Silicon Valley. The case of Thailand has shown poor network linkages with redundant organizations/agencies competing on offering similar innovation financing schemes. The study offers effective innovation financing policy recommendations to support the national economic development. The research provides useful insights and lessons for other economies aimed at strengthening the entrepreneurial financing system.
► This paper analyses the role of equity financing to support entrepreneurship in Asia. ► The government intervention model is successful in the case of Singapore. ► The study offers policy recommendations to support the entrepreneurial system.
