Capital Rising - How Capital Flows Are Changing Entrepreneurial Ecosystems
BABSON PARK, Mass., July 2 /PRNewswire-USNewswire/ -- Capital flows are changing the entrepreneurial ecosystems of countries and transforming industries, according to Capital Rising, a new book by Babson faculty Peter Cohan and U. Srinivasa Rangan. As flows change, companies are forced to rethink strategic choices regarding investments and how to manage mature businesses.
Cohan and Rangan extract best practices that will allow businesses to understand not only the impact of the global economy, but also give them the ability to capitalize on the rising wave of globalization.
Their video -- http://youtu.be/jCU6xYVWLJs -- shows how building healthy Entrepreneurial Ecosystems in countries around the world is the best hope for rejuvenating the global economy.
Their EE model enriches the business environment of a region by cultivating conditions that increase entrepreneurial activity to spur growth of products, services and jobs.
They outline 4 key factors necessary to maximize the use of capital to drive economic development and job creation:
-Financial Markets
-Corporate Governance
-Human Capital
-Intellectual Property.
Cohan is president of Peter S. Cohan & Associates, a management consulting and venture capital firm. He teaches business strategy to undergraduate and MBA students at Babson College and has also taught at Stanford, MIT, Columbia, and the University of Hong Kong. He is a columnist for AOL's DailyFinance. The Achiever Newsletter ranked his eighth book, You Can't Order Change: Lessons from Jim McNerney's turnaround at Boeing, as the #1 business book of 2009. He has appeared on ABC's "Good Morning America," CNBC, CNN, Fox Business News and the Boston ABC and CBS affiliates.
U. Srinivasa Rangan is Associate Professor of Strategy and International Business at Babson College and holds the Kingsbury Term Chair. He is the co-author of Strategic Alliances: An Entrepreneurial Approach to Globalization.
Capital Rising: How Capital Flows Are Changing Business Systems All Over the World
http://us.macmillan.com/capitalrising
By Peter Cohan and U. Srinivasa Rangan
Palgrave Macmillan
Contact: Alaina Kunin at [email protected]
This news release was issued on behalf of Newswise(TM). For more information, visit http://www.newswise.com.
SOURCE Babson College
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