Small businesses in virtually all industrialized countries find it increasingly difficult to obtain finance from institutional sources. Banks have become more risk-averse; venture capital funds, previously of only marginal significance, are now often concentrating their investments on established companies; and management buyouts and buyins and pressures to reduce government spending have resulted in a reduction in public policy initiatives. In this context there is a growing interest in the role of the informal venture capital market as an alternative source of risk finance for small business. Informal Venture Capital: Investors, Investments and Policy Issues in Finland investigates the phenomenon of business angels' - wealthy private individuals who invest in small businesses - who are increasingly recognized throughout the developed world as representing the most important source of venture capital for entrepreneurial businesses in their start-up and early growth stages. This volume answers key questions about these investors, and contributes significant new evidence on aspects of the informal venture capital market which have not been examined in previous studies. It further provides an authoritative assessment of the effectiveness of policy initiatives to stimulate the supply of informal venture capital, based on the experiences in Finland.

This book aims to provide new approaches to analysing and thinking about how entrepreneurial ecosystems develop and evolve over time as well as shed light on the relatively unexplored area of entrepreneurship ecosystem dynamics. The concept of entrepreneurial ecosystems has emerged as a framework to understand the nature of places in which entrepreneurial activity flourishes. Time is fundamental to the analysis of the dynamics of an entrepreneurial ecosystem. New firm creation, survival, growth and demise all occur within a temporal context that is, over and within time. Systems approaches to research invariably model the influential effects of the actors and elements that shape, re-shape, maintain, shift and change the system itself. An entrepreneurial ecosystem point of view, therefore, is inherently time-dependent and provides an analytical framework that reveals how the number and diversity of entrepreneurial actors situated in a place and time influence the creation of new firms, their survival, growth, and ultimately the stability of markets and industry in a time and place. Whether for better or worse, the historic and present time dimensions underpin the functioning and trajectory of entrepreneurial ecosystem performances and how they are shaped over time. Each chapter in this edited volume outlines a particular perspective and/or a unique case drawn from a range of countries that collectively reveal the dynamics of an ever-changing entrepreneurial ecosystem. The chapters were originally published as a special issue of the journal, Entrepreneurship and Regional Development.

* This is a revised edition of Colin Mason's "The 2030 Spike," that received the following acclaim: * "A bold, thought-provoking and ultimately rewarding [read], well-researched, full of ideas and thus a good, all-round primer on the stateof the planet." -- BBC Wildlife* "An impressive tour of our current world: from sexual slavery to sailing ships, from malaria to microcredits, from nanotechnology toneopaganism, all the horrors and promises of our troubled Zeitgeist seem to be reflected here." -- Resurgence* "Only the foolhardy would surely dare leave it unread on the shelf." -- International AffairsHas the future a future? Are we bringing history to an end? If we look at any one of several individual but critical trends, it would appear that history might have only a short way to run.This book describes the seven natural and human-made drivers that will converge around the year 2030 and wreak havoc: depleted fuel suppliesmassive population growth povertyglobal climate changefaminegrowing water shortagesinternational lawlessness.In this compelling book, Colin Mason explains in clear and irrefutable terms what is going on-largely below the surface of our daily or weekly news bulletins. The picture he paints is stark, and yet it is not bleak. Being forewarned, we are forearmed, and he draws on his own extensive political experience to describe how much we can do as individuals, and above all collectively, not merely to avert crisis but to engineer thoroughgoing change that can usher in genuinely sustainable and valuable alternatives to the way we live now.

The clock is relentlessly ticking! Our world teeters on a knife-edge between a peaceful and prosperous future for all, and a dark winter of death and destruction that threatens to smother the light of civilization. Within 30 years, in the 2030 decade, six powerful 'drivers' will converge with unprecedented force in a statistical spike that could tear humanity apart and plunge the world into a new Dark Age. Depleted fuel supplies, massive population growth, poverty, global climate change, famine, growing water shortages and international lawlessness are on a crash course with potentially catastrophic consequences. In the face of both doomsaying and denial over the state of our world, Colin Mason cuts through the rhetoric and reams of conflicting data to muster the evidence to illustrate a broad picture of the world as it is, and our possible futures. Ultimately his message is clear; we must act decisively, collectively and immediately to alter the trajectory of humanity away from catastrophe. Offering over 100 priorities for immediate action, The 2030 Spike serves as a guidebook for humanity through the treacherous minefields and wastelands ahead to a bright, peaceful and prosperous future in which all humans have the opportunity to thrive and build a better civilization. This book is powerful and essential reading for all people concerned with the future of humanity and planet earth.

The clock is relentlessly ticking...Our world teeters on a knife-edge between a peaceful and prosperous future for all, and a dark winter of death and destruction that threatens to smother the light of civilization.Within 30 years, in the 2030 decade, six powerful "drivers" will converge with unprecedented force in a statistical spike that could tear humanity apart and plunge the world into a new Dark Age. Depleted fuel supplies, massive population growth, poverty, global climate change, famine, growing water shortages and international lawlessness are on a crash course, with potentially catastrophic consequences. In the face of both doomsaying and denial over the state of our world, Colin Mason cuts through the rhetoric and reams of often conflicting data to muster the evidence to illustrate a broad picture of the world as it is, and of our possible futures. Ultimately his message is clear: we must act decisively, collectively and immediately to alter the trajectory of humanity away from catastrophe.Offering over 100 priorities for immediate action, "The 2030 Spike" serves as a guidebook for humanity through the trecherous minefields and wastelands ahead to a bright, peaceful and prosperous future in which all humans have the opportunity to thrive and build a better civilization.This book is powerful and essential reading for all people concerned with the future of humanity and planet earth.

Has the future a future? Are we bringing history to an end? Observing any one of several individual but critical trends suggests that, without rapid and positive action, history may have only a very short way to run. Whether it is the growth of world population, of greenhouse gas concentrations and the accelerating rate of climate change, the running down of oil and natural gas reserves, growing shortages of fresh water for agriculture, industry and domestic use, or the increasing difficulty in controlling epidemic diseases we are facing a mounting global crisis that will peak in less than a generation, around the year 2030. Taken together, these trends point to a potentially apocalyptic period, if not for the planet itself then certainly for human societies and for humankind. In this compelling book, and update to The 2030 Spike, Colin Mason explains in clear and irrefutable terms what is going on largely below the surface of our daily or weekly news bulletins. The picture he paints is stark, and yet it is not bleak. Being forewarned, we are forearmed, and he draws on his own extensive political experience to describe how much we can do as individuals, and above all collectively, not merely to avert crisis but to engineer thoroughgoing change that can usher in genuinely sustainable and valuable alternatives to the way we live now.

Small businesses in virtually all industrialized countries find it increasingly difficult to obtain finance from institutional sources. Banks have become more risk-averse; venture capital funds, previously of only marginal significance, are now often concentrating their investments on established companies; and management buyouts and buyins and pressures to reduce government spending have resulted in a reduction in public policy initiatives. In this context there is a growing interest in the role of the informal venture capital market as an alternative source of risk finance for small business. Informal Venture Capital: Investors, Investments and Policy Issues in Finland investigates the phenomenon of business angels' - wealthy private individuals who invest in small businesses - who are increasingly recognized throughout the developed world as representing the most important source of venture capital for entrepreneurial businesses in their start-up and early growth stages. This volume answers key questions about these investors, and contributes significant new evidence on aspects of the informal venture capital market which have not been examined in previous studies. It further provides an authoritative assessment of the effectiveness of policy initiatives to stimulate the supply of informal venture capital, based on the experiences in Finland.

The nations of Asia now make up more than half of the world's population. With increasingly affluent, educated middle classes and vigorous, innovative industries, they are more populous and powerful than ever before, and their influence on the rest of the world is only growing. Colin Mason provides a clear, readable introduction to their histories and traditions, from the Stone Age right up to the present day. This thoroughly revised, updated and expanded third edition contains new chapters on Mongolia, Nepal and Bhutan, separate expanded chapters on the South Asian nations, and revised chapters on all the modern states. A new introduction explores the nature and implications of the new politics of 'guided democracy', and the current clash between industrialisation and the consequences of climate change. Enriched with maps and a guide to further reading, this book is the essential guide to the history of a fascinating continent and its peoples.