Venture Governance

1. Introduction.- 1. 1. Thesis.- 1. 2. Empirical Motivation.- 1. 3. Methodology.- 1. 4. Related Theory.- 1. 5. Definition of Key Terms.- I. The Governance of Business Venturing.- 2. Entrepreneurship and Concepts of the Firm.- 2. 1. The Firm as Entrepreneurial Organization.- 2. 2. Types of Assets and Fundamental Governance Mechanisms.- 2. 3. The Vertical Model of the Firm.- 2. 4. The Horizontal Model of the Firm.- 3. Problems in Corporate Governance.- 3. 1. The Corporate Governance Debate.- 3. 2. Finance and Agency.- 3. 3. Governing Human Assets.- 3. 4. Governing Information Assets.- 4. A Framework for Comparative Venture Governance.- 4. 1. Comparative Corporate Governance.- 4. 2. Governance Issues in the Startup Venture.- 4. 3. Research Questions.- II. The Silicon Valley Model.- 5. Silicon Valley’s Regional Economy.- 5. 1. From the Valley of Heart’s Delight.- 5. 2. Silicon Valley Industry Clusters.- 5. 3. An Entrepreneurial Habitat.- 6. Classic Venture Capital.- 6. 1. Historical Development.- 6. 2. Organization of Professional Venture Capital.- 6. 3. Venture Capital Within the Financial System.- 7. Venture Capital-backed Startups in Silicon Valley.- 7. 1. Initiation.- 7. 2. Financing.- 7. 3. Human Resources.- 7. 4. Market Strategy.- 7. 5. Professionalization.- III. Startup Ventures in Tokyo.- 8. Economic Background.- 8. 1. Economic Slump and Corporate Governance Crisis.- 8. 2. Venture Business in Japan.- 8. 3. A New Breed of Internet Ventures.- 9. Emerging Classic Venture Capital.- 9. 1. Evolution of Venture Capital in Japan.- 9. 2. Birth of Classic Venture Capital.- 10. Venture Capital-backed Internet Startups in Tokyo.- 10. 1. Survey Design.- 10. 2. Case Study Profiles.- 10. 3. Initiation.- 10. 4. Financing.- 10. 5. Human Resources.- 10. 6. Market Strategy.- 10. 7. Professionalization.- IV. Comparative Venture Governance.- 11. Silicon Valley Venture Governance.- 11. 1. Stylized Governance System.- 11. 2. De-bundling Entrepreneurship.- 11. 3. Innovating Corporate Governance.- 11. 4. The Hazards of the Venture Capital Cycle.- 12. Emerging Venture Governance in Tokyo.- 12. 1. Stylized Governance System.- 12. 2. Trajectories of Organizational Innovation.- 13. Conclusions.