Entrepreneurship culture | Entrepreneurship culture: public venture capital
One fourth leg of a system that creates innovating companies must be, at least in Europe by its special idiosincracia, a sector of capital powerful public risk. However, the capital public risk would not be due to move such exactly by criteria that the capital deprived risk, as too many times it happens.
In the previous article it spoke of an interesting case, a private bottom created in the city of New York with the objective to harness the diversification of the economy of the city. A bottom at the moment equipped with more than one hundred million dollars and the objectives with which they are, by this order of importance: to invest in projects that generate tangible benefits for the city and its groups, and that the projects in which it invests impel a competitive advantage of the city in the global economy. Finally, and obvious, that the projects are viable and profitable, clear it is. But this it is not the main criterion, even invest in projects without profit eagerness. This philosophy is, at the present time, unthinkable in bottom prevailed in Catalunya (if to that exists we can give this name them), since they look for exclusively the factor yield, totally reasonable criterion in the private capital. Not to mention the numbers of capitalization, that would give laughter compared with the mentioned ones. But that would have to be the philosophy of investment of the bottoms that nourish of governmental capital, since the objective of these bottoms would not have to be exclusively the capital gain in the investments, but * objectivos ones with one more a more global vision and of long term.
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