Valuing an Entrepreneurial Enterprise (Hardcover)

Entrepreneurs generally lack the marketing capabilities necessary to bring their new product to market. To engage the resources required to do this, they must somehow place a value on the enterprise. However, all of the methods of valuation currently available are based on the use of historical or current revenues, and therefore are not applicable to an entrepreneurial enterprise with a first-time product. In Valuing an Entrepreneurial Enterprise, Audretsch and Link present a valuation method uniquely tailored to emerging technology-based ventures that have no revenue history to lean on. Unlike many traditional methods, theirs does not take into account the track record of companies and products similar to that being valuated. Instead, it draws on economic theory to formulate a solution to the problem.
The book develops conceptual ground, including trends in entrepreneurship, models of innovation, and the economics of standards and entrepreneurship policy. The authors review the traditional valuation methods and illustrate them numerically with case studies to show how the traditional approach produces an incorrect valuation. The core of the book presents the new methodology and demonstrates how it avoids the pitfalls of past approaches. The authors also show how public policy on technology and infrastructure changes valuations of start-up firms in areas such as stem-cell products and renewable fuels projects.
Valuing an Entrepreneurial Enterprise will serve as a valuable resource for advanced students, economists, financial planners, and valuators interested in new valuation methods and the theory behind them, as well as those interested in entrepreneurship.

General

Imprint:	Oxford UniversityPress
Country of origin:	United States
Release date:	February 2012
First published:	February 2012
Authors:	David B. Audretsch (Distinguished Professor, Ameritech Chair of Economic Development, and Director of the Institute for Development Strategies) • Albert N Link (Professor of Economics)
Dimensions:	210 x 146 x 16mm (L x W x T)
Format:	Hardcover - Cloth over boards
Pages:	192
ISBN-13:	978-0-19-973037-7
Categories:	Books > Business & Economics > Economics > Economic theory & philosophy Books > Business & Economics > Business & management > Business strategy Books > Business & Economics > Finance & accounting > Finance > General Books > Business & Economics > Business & management > Ownership & organization of enterprises > Entrepreneurship Books > Money & Finance > General Promotions
LSN:	0-19-973037-7
Barcode:	9780199730377

Is the information for this product incomplete, wrong or inappropriate? Let us know about it.

Does this product have an incorrect or missing image? Send us a new image.

Is this product missing categories? Add more categories.

Review This Product

No reviews yet - be the first to create one!