{"product_id":"the-venture-capital-state-9781501723377","title":"The Venture Capital State","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003e\u003cp\u003eSilicon Valley has become shorthand for a globally acclaimed way to unleash the creative potential of venture capital, supporting innovation and creating jobs. In \u003ci\u003eThe Venture Capital State \u003c\/i\u003eRobyn Klingler-Vidra traces how and why different states have adopted distinct versions of the Silicon Valley model.\u003c\/p\u003e\u003cp\u003eVenture capital seeks high rewards but is enveloped in high risk. The author's deep investigations of venture capital policymaking in East Asian states (Hong Kong, Taiwan, Singapore) show that success does not reflect policymakers' ability to replicate the Silicon Valley model. Instead, she argues, performance reflects their skill in adapting a highly lauded model to their local context. Policymakers are contextually rational in their learning; their context-rooted norms shape their preferences. The normative context for learning about policyhow elites see themselves and what they deem as locally appropriateinforms how they design their efforts.\u003c\/p\u003e\u003cp\u003e\u003ci\u003eThe Venture Cap\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTrade Review\u003c\/b\u003e\u003cbr\u003e\u003c\/i\u003e\u003c\/p\u003e\u003cp\u003eThe book offers a timely and important analysis for political economists researching the intersection of state and market....\u003ci\u003e The venture capital state\u003c\/i\u003e offers valuable analytical tools for scholars working on explaining patterns of limited international convergence. It brings the growing world of venture capital square into political economy scholarship.\u003c\/p\u003e * International Affairs *\u003cbr\u003e\u003cp\u003eThis informative book examines in detail three such attempts—in Hong Kong, Singapore, and Taiwan—and draws on the experiences of related ventures in several other places, including Israel and Japan.... She [Klingler-Vidra] does show that the venture capitalists supported by governments tend to invest in older, already profitable firms rather than true start-ups.\u003c\/p\u003e * Foreign Affairs *\u003cbr\u003e\u003cp\u003eKlingler-Vidra's analytical themes march relentlessly throughout the book.... The author certainly demonstrates the seductive appeal of venture capital funding in varied global settings.\u003c\/p\u003e * Choice *\u003cbr\u003e\u003cp\u003eIt is an important contribution to scholarship on entrepreneurship and venture policy along the lines of Josh Lerner's seminal \u003ci\u003eBoulevard of broken dream.\u003c\/i\u003e\u003c\/p\u003e * international affairs *\u003cbr\u003e\u003cp\u003e\u003ci\u003eThe Venture Capital State\u003c\/i\u003e ofers valuable analytical tools for scholars working to explain patterns of limited international convergence. It brings the growing world of venture capital into political economy scholarship.\u003c\/p\u003e * The Institute of International and Strategic Studies *\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003e\u003cp\u003eList of Illustrations\u003cbr\u003e Acknowledgements\u003cbr\u003e Abbreviations\u003cbr\u003e 1. The Venture Capital State\u003cbr\u003e 2. Contextual Rationality\u003cbr\u003e 3. Venture Capital and VC policy\u003cbr\u003e 4. Hong Kong: Night-Watchman State\u003cbr\u003e 5. Taiwan: Private Sector Promoter\u003cbr\u003e 6. Singapore: Financier and Director\u003cbr\u003e 7. Analyzing Sources of Adaptation\u003cbr\u003e 8. The Future of Venture Capital States: Distinct Interventions to Build Markets\u003cbr\u003e Notes\u003cbr\u003e List of Interviews\u003cbr\u003e References\u003cbr\u003e Index\u003c\/p\u003e","brand":"Cornell University Press","offers":[{"title":"Default Title","offer_id":49409330413911,"sku":"9781501723377","price":42.3,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9781501723377.jpg?v=1730506444","url":"https:\/\/bookcurl.com\/products\/the-venture-capital-state-9781501723377","provider":"Book Curl","version":"1.0","type":"link"}