venture capital

List of Articles venture capital

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1 - Effects of the Knowledge-Based Economy on the Science and Technology Corridors
Rohollah Shahnazi Homa Mouazen Neumatollah Akbari

knowledge-based economy based on acquisition, production, distribution and utilization of knowledge in all economic activities. In this economy the need for innovative companies are very obvious because these companies are the main source of wealth and employment in the More

knowledge-based economy based on acquisition, production, distribution and utilization of knowledge in all economic activities. In this economy the need for innovative companies are very obvious because these companies are the main source of wealth and employment in the knowledge-based economy. Knowledge-based economy is the current need for all countries in the world. In this regard, one of the strategies for a successful experience of developed countries based on knowledge-based economy has led to the formation and development of the science and technology corridors. Science and technology corridor is the coordinated and coherent set of universities, science and technology parks, research centers and in a geographic region with a centralized management structure and the particular legal for knowledge based products and services. In this paper, the requirements for the formation of the science and technology corridors will be discussed. The main components of science and technology corridors are: national innovation system, science and technology parks, universities and research centers, venture capital and entrepreneurship, human capital, special infrastructure, market, high technology firms and proximity to urban areas. As long as the country does not acquire these requirements, access to science and technology corridor and the knowledge economy would be impossible. Manuscript profile
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2 - An Optimized Structure for VC Investment Companies
Amir Erfanian Saeed Shirazi

This article seeks to browse among history, role, significance as well as economic function of venture capitals. To this end, it is endeavored to consider venture capital concept with a comprehensive and full detailed view. Therefore, in order to clarify the concept of More

This article seeks to browse among history, role, significance as well as economic function of venture capitals. To this end, it is endeavored to consider venture capital concept with a comprehensive and full detailed view. Therefore, in order to clarify the concept of venture capitals, we have assumed a lot of related key words. Yet, due to abundance of related key words and based on this fact that many of them have convergence with each other, therefore, an objective of this paper is to elaborate the mentioned terms. It is worth mentioning that necessity, significance and the role of such investments in economy and especially in investment scopes, have also been surveyed in this article. As a matter of fact, entrepreneurs are one of the main elements of every venture capital; therefore, we have tried to give enough information about their roles in this regard. Anyhow, this article plans to provide a proposed structure for carrying out venture capitals by investment companies, which is applicable domestically. For this reason, we have provided related records of global venture capital companies along with domestic ones. Based on previous propounded subjects, final part of the article is allocated to introduction of a feasible proposed structure for carrying out venture capitalism by investment companies. According to the accomplished studies, all of domestic venture capital companies have been established by the government, which their number does not exceed the fingers of a hand. Thus, shortage of these companies is obviously felt in domestic financial market and as before mentioned; lack of a feasible structure to do such investments is a main reason for this vacancy. Manuscript profile
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3 - Economic impacts of Science and Technology Corridors on regional development, Case study: Silicon Valley
Rohollah Shahnazi Zahra Dehghan Shabani
10.7508/jstpi.2015.03.005

One of the strategies with successful experience for many developed countries, based on knowledge-based economy, is the formation and development of science and technology corridors. These areas have a positive impacts on the regional growth that the purpose of this pap More

One of the strategies with successful experience for many developed countries, based on knowledge-based economy, is the formation and development of science and technology corridors. These areas have a positive impacts on the regional growth that the purpose of this paper is to determine them. Also in this paper the effects of Silicon Valley, as the first and largest science and technology corridor in the world, on regional growth was evaluated. Theoretical results show the science and technology corridors have positive effects such as solve the problem of small and medium enterprises to improve competitiveness, increase innovation and improve technology, improve entrepreneurship and increase the venture capital. This results in Silicon Valley has been confirmed. Manuscript profile
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4 - The Role of CrowdFunding to Financing Capital for Startups Entrepreneur
Sajad Asakere Saeed Zarandi Mohsen Afsharpour
10.7508/jstpi.2015.03.001

Financing capital for startups, always had been propounded as one of the challenges for entrepreneurs. On the other hand, the risk of venture capital investment, financial institutions and banks often seem less willing to invest in this activity. By developing Internet More

Financing capital for startups, always had been propounded as one of the challenges for entrepreneurs. On the other hand, the risk of venture capital investment, financial institutions and banks often seem less willing to invest in this activity. By developing Internet and social networks, limitation in communications have been removed and new concepts such as networking and utilization of crowdfunding has been raised. This paper introduces a new method of collective investment fund over the Internet to exploit social capital rather than bank loans, business angels and venture capital. Due to the lack of scientific research in this field, by using inductive method we discuss about the crowdfunding phenomenon concept, development of literature in this field, goals and motivations of the participants, expressing the models, potential, obstacles and limitations of the crowdfunfing. The results indicate that the rate of this concept in the world especially in developing countries has been increasing and this model can be operated by providing cultural, technological, legal and social contexts. Manuscript profile
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5 - Identifying and Ranking Negotiable Items with Startups from Venture Capitalists' Perspective
Rahi Zandifar DANIAL DANA
10.61186/jstpi.39469.19.76.1

20.1001.1.17355486.1402.19.76.14.4

Venture capital is a tool for funding innovative and knowledge-based companies. The degree of importance that venture capitalists place on negotiable items is one of the challenges associated with this type of investment. Furthermore, investors' flexibility is a crucial More

Venture capital is a tool for funding innovative and knowledge-based companies. The degree of importance that venture capitalists place on negotiable items is one of the challenges associated with this type of investment. Furthermore, investors' flexibility is a crucial component of the VC investment process. The purpose of this research was to identify and rank what venture capitalists consider negotiable with startups. For this purpose, the negotiable items were identified through a literature review and then the validity of the questionnaires was evaluated and approved by experts. Consequently, the data of 26 experts in the field of the venture capital industry in Iran is collected through two questionnaires on a 5-point Likert scale. Reliability was determined using Cronbach's alpha. Therefore, the research method was a descriptive survey based on the nature and data collection, and in terms of purpose, it was a practical development. Finally, the data were analyzed and ranked using multi-criteria decision-making algorithm (Shannon’s entropy and TOPSIS) based on the degree of importance and flexibility attributes. According to the findings of this study, these negotiable items fell into the descending order based on two criteria including importance and flexibility: preferred stock, board control (control rights), pro-rata rights, investment amount, valuation, performance indicator, liquidation preference rights, ownership stake, information rights, vesting, anti-dilution rights, tag-along rights, drag-along rights, option pool, dividends, participation rights, pay to play provisions and redemption rights (repurchase rights). Manuscript profile

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List of Articles venture capital