Alex Laats and NBX Corporation

2017 ◽  
pp. 1-26
Author(s):  
Wendell E. Dunn ◽  
Scott Shane
Keyword(s):  
Social Capital ◽  
Venture Capital ◽  
Theoretical Concept ◽  
Fund Raising ◽  
Teaching Materials ◽  
Venture Capital Fund ◽  
The Social ◽  
Social Side

This case describes the evolution of an entrepreneur's venture-capital fund-raising from seed-stage financing through later-round efforts. The case focuses on where the “action” is in venture finance: the exploitation of social capital by an entrepreneur and investors. Much of the teaching materials on venture finance focus on the economics of financing; while these materials provide useful information about the mechanics of valuation and how to structure venture-capital agreements, they miss the social side of venture-capital investing. The case illustrates the theoretical concept that social capital (i.e., a person's relationship to other people in society) influences venture finance. The case can be used in a class on entrepreneurship or venture finance.

scholarly journals Az innovatív kis- és középvállalkozások finanszírozása kockázati tőkével

2012 ◽  
Vol 7 (1-2) ◽  
pp. 24-29
Author(s):  
Judit Glavanits
Keyword(s):  
Venture Capital ◽  
Capital Market ◽  
Fund Raising ◽  
Market Size ◽  
Legal Rules ◽  
Venture Capital Fund ◽  
The Usa ◽  
Capital Financing ◽  
Closing The Gap

Closing the gap between the USA and EU venture capital market size is crutial for european innovative small and medium sized companies. As the financial crises started in 2008 weekend the possibilities for external capital, the role of venture capital financing is revaluated. The study analyses the similarities and differences in the legal rules of venture capital fund raising and financing revised by the USA's Dodd-Frank Act, and the European AIMF-directive. The study also suggest the changes in connection with the European Commission's prepared document on the European Venture Capital Fund, and it's effects on the innovative small-and medium sized companies. The conclusion is that the new rules of venture financing both in the USA and Europe sets up significantly more administrative difficulties for funds, but more stability and safe for entrepreneurs.

scholarly journals Placing social capital in business networks: conceptualisation and research agenda

2018 ◽  
Vol 33 (8) ◽  
pp. 1100-1113 ◽  
Author(s):  
Julia V. Bondeli ◽  
Malena Ingemansson Havenvid ◽  
Hans Solli-Sæther
Keyword(s):  
Social Capital ◽  
Social Exchange ◽  
Economic Sociology ◽  
Business Networks ◽  
Business Relationships ◽  
Content Type ◽  
Novel Approach ◽  
The Social ◽  
Social Side ◽  
Original Interpretation

Purpose This paper aims to refine conceptual treatment of the social facet in business relationships and reinforce its significance in the industrial marketing and purchasing (IMP) research tradition by integrating the concept of social capital in its original interpretation into the actor-resource-activity (ARA) model. Design/methodology/approach The paper begins by indicating some typical conceptual challenges associated with application of social capital in IMP. This is followed by a conceptual clarification that explores the origin and the essence of social capital in economic sociology. Finally, the paper proposes integrating social capital in its original interpretation into IMP’s ARA model and presents four propositions on how social capital is created in interaction between business actors. Findings The paper shows how bridging Bourdieu’s theory of social capital with the IMP approach may solve the identified conceptual challenges. This paper’s main contribution is a cyclical model depicting how social capital is created in business networks. It is integrated into the ARA model and designed specifically for studying the social facet of business relationships. Research limitations/implications The paper is expected to aid IMP researchers in empirical contexts where the social component in business relationships is particularly prominent. As such, the novel approach presented could be used to further understand how social exchange processes are related to relationship governance, relationship initiation and development. Originality/value The proposed model shows how social capital is generated through the dynamic interplay in the social facets of actor, activity and resource dimensions, emphasising its creation dynamics. The model integrates insights from the classic works in economic sociology to strengthen the social side of IMP’s socioeconomic interface and is intended to be used as a tool for empirical application.

Socio-cultural Resource for Kazakhstan Modernization

2012 ◽  
pp. 74-82 ◽  
Author(s):  
A. Stavinskaya ◽  
E. Nikishina
Keyword(s):  
Social Capital ◽  
Cultural Capital ◽  
Competitive Advantages ◽  
Institutional Reforms ◽  
Cultural Resource ◽  
Bonding Social Capital ◽  
Social And Cultural Capital ◽  
The Social ◽  
Social And Economic Development ◽  
Cultural Features

The opportunities of the competitive advantages use of the social and cultural capital for pro-modernization institutional reforms in Kazakhstan are considered in the article. Based on a number of sociological surveys national-specific features of the cultural capital are marked, which can encourage the country's social and economic development: bonding social capital, propensity for taking executive positions (not ordinary), mobility and adaptability (characteristic for nomad cultures), high value of education. The analysis shows the resources of the productive use of these socio-cultural features.

Venture Capital Fund Performance

CFA Digest ◽  
2012 ◽  
Vol 42 (1) ◽  
pp. 19-21
Author(s):  
Brindha Gunasingham
Keyword(s):  
Venture Capital ◽  
Fund Performance ◽  
Venture Capital Fund

A successful person, society and civic activism

2020 ◽  
Vol 16 (10) ◽  
pp. 1800-1816
Author(s):  
G.B. Kozyreva ◽  
T.V. Morozova ◽  
R.V. Belaya
Keyword(s):  
Social Capital ◽  
Political Life ◽  
Public Confidence ◽  
Russian Society ◽  
The Public ◽  
Civic Activism ◽  
The Social ◽  
Human And Social Capital ◽  
Person Model ◽  
Social Disparity

Subject. The article provides considerations on the formation and development of a successful person model in the modern Russian society. Objectives. The study is an attempt to model a successful person in the Russian society, when the ideological subsystem of the institutional matrix is changing. Methods. The study relies upon the theory of institutional matrices by S. Kirdina, theories of human and social capital. We focus on the assumption viewing a person as a carrier of social capital, which conveys a success, socio-economic position, social status, civic activism, doing good to your family and the public, confidence in people and association with your region. The empirical framework comprises data of the sociological survey of the Russian population in 2018. The data were processed through the factor analysis. Results. We devised a model of a successful person in today's Russian society, which reveals that a success, first of all, depends on the economic wellbeing and has little relation to civic activism. The potential involvement (intention, possibility, preparedness) in the social and political life significantly dominates the real engagement of people. The success has a frail correlation with constituents of the social capital, such as confidence in people and doing good to the public. Conclusions and Relevance. Based on the socio-economic wellbeing, that is consumption, the existing model of a successful person proves to be ineffective. The sustainability of socio-economic wellbeing seriously contributes to the social disparity of opportunities, which drive a contemporary Russian to a success in life.

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