FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W296316961> ?p ?o ?g. }

• W296316961 startingPage "54" @default.
• W296316961 abstract "The growth in the level of venture capital investment in the emerging small economies of Taiwan, Sri Lanka, and Thailand has been nothing short of astounding. This paper describes the development of venture capital in these countries and analyzes the criteria requested for a venture capital firm (VCF) to invest in a venture. To carry out this empirical study, a questionnaire was devised asking VCFs in the three countries to rate the important criteria when investing in a venture; the surveys were conducted in all venture capital firms over the period 1994-1995. The criteria cover diverse areas such as the entrepreneur's capability, the product, finance items, environmental conditions, and the market situation. Analysis of the data at both the category and individual levels of criteria revealed that importance differed according to the country where a VCF was investing: VCFs in Taiwan focus more on expected financial returns as well as potential market growth and size, whereas VCFs in Sri Lanka emphasize financial indicators and management team characteristics; in Thailand, the VCFs consider the quality of the venture management team as the most critical evaluation criteria. Potential areas for further research on VCFs in emerging markets are proposed. INTRODUCTION Venture capital is a popular method of financing high technology and high-risk enterprises in developed countries like the United States, the United Kingdom, and Japan. And recently, a number of developing countries have established venture capital firms in the private and/or public sectors to finance technology-related and new small- and medium-sized enterprises (for a comprehensive definition of the term venture capital, see Endnote). In the emerging markets of Asia, venture capital activity has been growing at an impressive rate, especially since the late 1980s. During the five-year span of 1988-1993 the Asian venture capital pool increased from US$9.9 to $26.2 billion, an annual growth rate of 21.5%, while cumulative investment increased from $4.5 to $11.6 billion or 26.7% annually [AVCJ, 1994]. Taiwan and Thailand are fast growing economies, and growth of Sri Lanka is also on the rise. All three have emerging markets where venture capital activity is now well entrenched. Although a good amount of empirical work exists on the venture capital investment process in the US and in other developed countries, no analysis has been conducted on these three countries. The purpose of this paper is to empirically study the venture capital investment firms' evaluation criteria in Taiwan, Sri Lanka, and Thailand. The paper is organized as follows: Venture capital profiles for Taiwan, Sri Lanka and Thailand are provided in the second section; Section 3 summarizes relevant studies on venture capital; the research methodology and the survey data are described in Section 4; Section 5 reports the findings of this study; and finally Section 6 contains the conclusions and the implications of the study, as well as areas for further research. VENTURE CAPITAL PROFILES: TAIWAN, SRI LANKA, AND THAILAND Taiwan. Venture capital in Taiwan was introduced by the government in 1984 in order to enhance the technological contents of products and processes to attain global competitiveness. The government gave direct support through comprehensive tax incentives and financial assistance programs, as well as through the help of foreign technologies and expertise. A VCF in Taiwan can also establish a domestic fund to directly invest in technology projects in Taiwan and abroad, or invest in other VCFs for indirect investments in technology projects. VCFs are expected to meet the financing requirement of high tech small- and medium-sized firms. Today, many industries in Taiwan have been transformed from imitations to innovations. The venture capital funds in Taiwan are either managed by the VCFs directly or through a management company. A company may have an in-house team who provide all the services required to select, monitor and assist investee companies. …" @default.
• W296316961 created "2016-06-24" @default.
• W296316961 creator A5003441700 @default.
• W296316961 creator A5038001534 @default.
• W296316961 creator A5060285599 @default.
• W296316961 date "1997-10-01" @default.
• W296316961 modified "2023-09-23" @default.
• W296316961 title "Venture Capital Investment Evaluation in Emerging Markets" @default.
• W296316961 hasPublicationYear "1997" @default.
• W296316961 type Work @default.
• W296316961 sameAs 296316961 @default.
• W296316961 citedByCount "5" @default.
• W296316961 countsByYear W2963169612017 @default.
• W296316961 crossrefType "journal-article" @default.
• W296316961 hasAuthorship W296316961A5003441700 @default.
• W296316961 hasAuthorship W296316961A5038001534 @default.
• W296316961 hasAuthorship W296316961A5060285599 @default.
• W296316961 hasConcept C10138342 @default.
• W296316961 hasConcept C121087249 @default.
• W296316961 hasConcept C134827381 @default.
• W296316961 hasConcept C144133560 @default.
• W296316961 hasConcept C17744445 @default.
• W296316961 hasConcept C199539241 @default.
• W296316961 hasConcept C21279758 @default.
• W296316961 hasConcept C27548731 @default.
• W296316961 hasConcept C94625758 @default.
• W296316961 hasConceptScore W296316961C10138342 @default.
• W296316961 hasConceptScore W296316961C121087249 @default.
• W296316961 hasConceptScore W296316961C134827381 @default.
• W296316961 hasConceptScore W296316961C144133560 @default.
• W296316961 hasConceptScore W296316961C17744445 @default.
• W296316961 hasConceptScore W296316961C199539241 @default.
• W296316961 hasConceptScore W296316961C21279758 @default.
• W296316961 hasConceptScore W296316961C27548731 @default.
• W296316961 hasConceptScore W296316961C94625758 @default.
• W296316961 hasIssue "2" @default.
• W296316961 hasLocation W2963169611 @default.
• W296316961 hasOpenAccess W296316961 @default.
• W296316961 hasPrimaryLocation W2963169611 @default.
• W296316961 hasRelatedWork W1494795173 @default.
• W296316961 hasRelatedWork W1539751486 @default.
• W296316961 hasRelatedWork W1552046833 @default.
• W296316961 hasRelatedWork W1695919808 @default.
• W296316961 hasRelatedWork W1974406586 @default.
• W296316961 hasRelatedWork W2077531162 @default.
• W296316961 hasRelatedWork W2078808258 @default.
• W296316961 hasRelatedWork W2081844521 @default.
• W296316961 hasRelatedWork W2088102800 @default.
• W296316961 hasRelatedWork W2104697321 @default.
• W296316961 hasRelatedWork W2116425640 @default.
• W296316961 hasRelatedWork W2139858616 @default.
• W296316961 hasRelatedWork W2754510660 @default.
• W296316961 hasRelatedWork W2770459513 @default.
• W296316961 hasRelatedWork W3121513874 @default.
• W296316961 hasRelatedWork W3124980840 @default.
• W296316961 hasRelatedWork W3125861410 @default.
• W296316961 hasRelatedWork W3149576015 @default.
• W296316961 hasRelatedWork W3151913788 @default.
• W296316961 hasRelatedWork W3166377313 @default.
• W296316961 hasVolume "5" @default.
• W296316961 isParatext "false" @default.
• W296316961 isRetracted "false" @default.
• W296316961 magId "296316961" @default.
• W296316961 workType "article" @default.