Innovation, Learning, and Synergy Between Entrepreneurs and Venture Capitalists

Ron Berger, Moti Zviling

Abstract


Uncertainty and complexity are fundamental to innovation and decision making, especially in global high technology industries. Entrepreneurs interact with venture capitalists through the entrepreneurs’ communication and learning about the potential of new business venture. We believe that uncertainty and complexity are fundamental to the process of innovation through the synergy between entrepreneurs and venture capitalists. The purpose of this conceptual paper is to provide a  conceptual synthesis on a  complexity system approach to the innovation relationship between entrepreneurs and venture capitalists.

Keywords


Learning; Synergy; Venture Capital; Innovation; Entrepreneurship

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DOI: http://dx.doi.org/10.17951/ijsr.2013.2.1-2.93
Date of publication: 2013-07-14 00:00:00
Date of submission: 2015-07-18 03:36:28


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