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State Capital and Private Enterprise

The Case of the UK National Enterprise Board

Daniel C Kramer
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Description

To what extent can governments supplement private venture capitalists and stimulate the economy by providing money to new entrepreneurs as well as existing enterprises? The UK's National Enterprise Board (NEB) attempted to do just this, and whilst it gained most publicity through its efforts to bail out ailing giants such as British Leyland and Rolls Royce Aerospace, much of its attention was actually directed to smaller ventures. Originally published in 1988 Professor Kramer reports that the NEB's record of success was surprisingly good, and that many flourishing undertakings would not be in business today had it not been for the NEB's efforts. The author goes further, and after discussing the political and economic issues involved in according public aid to private enterprises on a case by case basis, he argues that not only should the UK revive its NEB, but that other countries, notably the United States, could benefit by establishing their own versions of it. Indeed, throughout, the author's perspective as an outsider makes him peculiarly alive to the relevance of the UK example to a whole range of international cases.

As the first scholarly, full-length study of the NEB, this book will be of value to those interested in the relationships between venture capitalists generally and the enterprises in which they take equity. It will also interest those studying the relationship between holding companies and their subsidiaries.

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Parties prenantes

Auteur(s) :
Editeur:

Contenu

Nombre de pages :
270
Langue:
Anglais
Collection :
Tome:
n° 5

Caractéristiques

EAN:
9780367173500
Date de parution :
07-02-19
Format:
Livre relié
Format numérique:
Genaaid
Dimensions :
140 mm x 218 mm
Poids :
453 g

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