哈弗商务35.pdf

Lecture Text Walter Kuemmerle International Entrepreneurial Finance (edited for clarity) Introduction Welcome, everybody, and thank you for coming this morning. What Id like to do today is provide you with some insight into the world of international entrepreneurial finance (IEF). This is essentially a field research project that has occupied me over the last five years. In terms of structure of what I want to do today, Id first like to talk to you about the central research question of this field research project. Ill then give you an overview of some of the characteristics of the field research project. Then I have a fun part, where I’ll actually share with you some of the field research sites, and these are some colorful pictures. I have nine of these that I selected. Then we get to the central course ideas, and in addition to stating these course ideas, Ill seek to tie them to existing research. Core Question and Research Characteristics Now, to get started, the core question of the field research project is how do entrepreneurial managers and those who finance them make resource acquisition and investment decisions in an international context? With the rise of entrepreneurship around the globe over the last fifteen years, this is a very salient research question. Also, its important because this field research project complements a large body of literature on international business that was primarily focused on established multinational firms, a body of literature on international finance, and an emerging body of literature on entrepreneurship. What are the characteristics of this research program? First of all you can think of this as a deep dive into the practice of international entrepreneurial finance. So Ive really been exposed to this phenomenon in great detail and Ive learned from