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Collaborative research consortia allow firms to pursue scale and scope economies in research, finance large costly proposals, share risks, avoid unnecessary duplication, internalize the externalities created by research spillovers, and allow the use of firm-specific complementary skills and...
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Nations opened local stock exchanges at a rapid pace during the late 1980s and 1990s, creating a channel for investment capital from wealthy industrial nations to "emerging markets" as well as a mechanism for institutional change in local economies. This study examines the local and global...
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This Annex contains the technical work which underpins Into the 21st Century. It describes in detail the assessment procedures and qualifications offered in France, Germany, Singapore and USA compared to the UK.
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<title/> Informal angel investors represent a significant source of venture capital for newly-created firms; however, the process whereby entrepreneurs access this resource has often been described as 'invisible' and in need of further study. This paper subscribes to a 'networking' or 'relational' view...
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