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Erfolgsfaktoren von Venture Capital Unternehmen: Ein Überblick über die deutsche Venture Capital-Szene

Erfolgsfaktoren von Venture Capital Unternehmen: Ein Überblick über die deutsche Venture Capital-Szene

          
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About the Book

Inhaltsangabe: Einleitung: Der heutige internationale Wettbewerb ist durch immer kürzere Produktionszyklen und dem daraus entstehenden Zwang, neue Produkte zu entwickeln und neue Märkte zu erschließen, gekennzeichnet. Diese Entwicklung verschafft vor allem innovativen Vorhaben zunehmende Bedeutung. Dies bedeutet, daß etablierte Unternehmen für die Entwicklung neuer Produkte und Technologien und der Erschließung neuer Märkte unternehmerische Risiken eingehen müssen. Gleichzeitig ist diese Entwicklung jedoch auch eine riesige Chance für Unternehmensgründungen. 1998 wurden durch 100.000 Firmenneugründungen über 361.000 neue Arbeitsplätze geschaffen. Die Finanzierung der beiden skizzierten Bereiche - Unternehmensgründungen und Investitionen etablierter Unternehmen in neuen Geschäftsfeldern - ist mit hohen Risiken verbunden und muß deshalb im wesentlichen mit Eigenkapital erfolgen. Dabei weichen die Finanzierungsquellen in Abhängigkeit vom Entwicklungsstadium der Unternehmen stark voneinander ab. Während junge Unternehmen aufgrund ihrer geringen Innenfinanzierungskraft (der Cash-flow ist häufig negativ) und ihren schwer zu beurteilenden Absatzchancen fast ganz auf externes Kapital in Form von Venture Capital4 angewiesen sind, können Unternehmen, welche sich schon länger am Markt behaupten, auf eine breitere Finanzierungspalette zurückgreifen und zum Beispiel durch einen positiven Cash-flow Eigenkapital generieren. Da es jedoch auch für etablierte Unternehmen aufgrund von steuerlichen und arbeitsmarkttechnischen Voraussetzungen schwierig ist, eine für Forschung und Entwicklung ausreichende Eigenkapitalausstattung aufzubauen, sind auch diese auf externes Kapital angewiesen. Die Finanzierung von Neugründungen und/oder frühen Entwicklungsphasen („Seed"- oder Start-up-Finanzierung) ist das Spezialgebiet von Venture Capital Gesellschaften, welche nicht nur Kapital, sondern auch betriebswirtschaftliches und technologisches Expertenwissen zur Verfügung stellen. Die Venture Capi


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Product Details
  • ISBN-13: 9783838666891
  • Publisher: Diplom.de
  • Binding: Paperback
  • Language: German
  • Returnable: N
  • Spine Width: 8 mm
  • Weight: 190 gr
  • ISBN-10: 3838666895
  • Publisher Date: 15 Apr 2003
  • Height: 210 mm
  • No of Pages: 140
  • Series Title: German
  • Sub Title: Ein Überblick über die deutsche Venture Capital-Szene
  • Width: 148 mm


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Erfolgsfaktoren von Venture Capital Unternehmen: Ein Überblick über die deutsche Venture Capital-Szene
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