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The Financial Value of Entrepreneurship


The Financial Value of Entrepreneurship

Using Applied Research to Quantify Entrepreneurial Competence

von: Guido M. Mantovani

58,84 €

Verlag: Palgrave Macmillan
Format: PDF
Veröffentl.: 16.06.2017
ISBN/EAN: 9781137365378
Sprache: englisch

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Beschreibungen

<div>This Palgrave Pivot&nbsp;examines the essence of competence value in corporate and small business finance, offering empirical evidence to better understand financial practices within entrepreneurial settings. Mantovani&nbsp;suggests an innovative methodology to detect the financial value of entrepreneurial capabilities. He shows how the concept of competence value and T-ratio, its measurement tool, are necessary to arrange sound entrepreneurial finance deals. This book opens with an analysis of how entrepreneurial skills contribute to the economics of entrepreneurial business, and then provides a financial background to estimate the competence value even when the financial markets fail to do so. The book goes on to introduce the idea of an entrepreneurial life-cycle made of stages based on the transformation of human skills into competitive hallmarks. Applications across a large sample of companies and Mantovani's concluding suggestions about the financial practice make this book essential to both academics and executives.<br></div>
<div>1. The Root: Why Competence Has Value</div><div>2. Skill contributions to Entrepreneurial (and Small Business) Economics&nbsp;</div><div>3. In search of Competence Value into an Incomplete Financial Markets Context</div><div>4. The Return-to-Risk Profile of Investing in a Competence Driven Business</div><div>5. How to Measure the Competence Value (from Q-Ratio to T-ratio)</div><div>6. Funding the Competence Life-Cycle to Create value and Let It Emerge</div><div>7. The Next step: From Asset-backed to Competence-driven Financial Practices</div><div><br></div>
<p>Guido M. Mantovani is Professor of Corporate Finance at Ca' Foscari University's Treviso and Venice campuses in Italy, and President of the HERMES Universities network in Strasbourg, France.&nbsp;He has published in Italy and internationally on topics of contingent-claim finance, corporate risk management, and information risks. More recently, his research efforts have focused on entrepreneurial finance, the financial valuation of human capital, and the integrated rating of small and medium enterprises.&nbsp;</p>
This Palgrave Pivot&nbsp;examines the essence of competence value in corporate and small business finance, offering empirical evidence to better understand financial practices within entrepreneurial settings. Mantovani&nbsp;suggests an innovative methodology to detect the financial value of entrepreneurial capabilities. He shows how the concept of competence value and T-ratio, its measurement tool, are necessary to arrange sound entrepreneurial finance deals. This book opens with an analysis of how entrepreneurial skills contribute to the economics of entrepreneurial business, and then provides a financial background to estimate the competence value even when the financial markets fail to do so. The book goes on to introduce the idea of an entrepreneurial life-cycle made of stages based on the transformation of human skills into competitive hallmarks. Applications across a large sample of companies and Mantovani's concluding suggestions about the financial practice make this book essential to both academics and executives.<div><br></div><div>Guido M. Mantovani is Professor of Corporate Finance at Ca' Foscari University's Treviso and Venice campuses in Italy, and President of the HERMES Universities network in Strasbourg, France.&nbsp;He has published in Italy and internationally on topics of contingent-claim finance, corporate risk management, and information risks. More recently, his research efforts have focused on entrepreneurial finance, the financial valuation of human capital, and the integrated rating of small and medium enterprises.&nbsp;<br></div>
<p>Identifies specific ways in which skills contribute to corporate performance</p><p>Offers insights on estimating and measuring competence value</p><p>Explores the return-to-risk profile of investing</p>