Entrepreneurial Finance at the Dawn of Industry 4.0


Book Description

The advent of the fourth industrial revolution, Industry 4.0, brings about both opportunities and challenges that are likely to set developed economies even farther apart from emerging economies. This book, through the perspective of researchers in the emerging markets, presents analyses on a number of issues important to entrepreneurial finance, such as debt financing, mergers and acquisitions, stock market efficiency, resource allocation and consumption, and sustainable development. It aims at improving our understanding of the financing needs as well as the financial risks involved in entrepreneurial endeavors in less developed settings in the new era.




The Fourth Industrial Revolution


Book Description

World-renowned economist Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, explains that we have an opportunity to shape the fourth industrial revolu­tion, which will fundamentally alter how we live and work. Schwab argues that this revolution is different in scale, scope and complexity from any that have come before. Characterized by a range of new technologies that are fusing the physical, digital and biological worlds, the developments are affecting all disciplines, economies, industries and governments, and even challenging ideas about what it means to be human. Artificial intelligence is already all around us, from supercomputers, drones and virtual assistants to 3D printing, DNA sequencing, smart thermostats, wear­able sensors and microchips smaller than a grain of sand. But this is just the beginning: nanomaterials 200 times stronger than steel and a million times thinner than a strand of hair and the first transplant of a 3D printed liver are already in development. Imagine “smart factories” in which global systems of manu­facturing are coordinated virtually, or implantable mobile phones made of biosynthetic materials. The fourth industrial revolution, says Schwab, is more significant, and its ramifications more profound, than in any prior period of human history. He outlines the key technologies driving this revolution and discusses the major impacts expected on government, business, civil society and individu­als. Schwab also offers bold ideas on how to harness these changes and shape a better future—one in which technology empowers people rather than replaces them; progress serves society rather than disrupts it; and in which innovators respect moral and ethical boundaries rather than cross them. We all have the opportunity to contribute to developing new frame­works that advance progress.




Venture Capital and the Finance of Innovation


Book Description

This useful guide walks venture capitalists through the principles of finance and the financial models that underlie venture capital decisions. It presents a new unified treatment of investment decision making and mark-to-market valuation. The discussions of risk-return and cost-of-capital calculations have been updated with the latest information. The most current industry data is included to demonstrate large changes in venture capital investments since 1999. The coverage of the real-options methodology has also been streamlined and includes new connections to venture capital valuation. In addition, venture capitalists will find revised information on the reality-check valuation model to allow for greater flexibility in growth assumptions.




Mining Tycoons in the Age of Empire, 1870-1945


Book Description

The years of the late nineteenth and early twentieth centuries, aptly described by Mark Twain as the 'Gilded Age' witnessed an unprecedented level of technological change, material excess, untrammeled pursuit of profit and imperial expansion. Within this dynamic and often ruthless environment many colorful characters strode across the world stage, among them the great mining tycoons, who constituted one of the major spearheads of global capitalistic expansion and colonial exploitation. This volume, which carries the epic story to the mid-twentieth century, provides a truly international perspective on the role of mining entrepreneurs, investors and engineers in shaping the economic and political map of the globe, in testing management techniques and in setting a vogue for extravagant displays of wealth among the world's rich.




Forthcoming Books


Book Description




The Dawn of Innovation


Book Description

From the bestselling author of The Trillion Dollar Meltdown and The Tycoons comes the fascinating, panoramic story of the rise of American industry between the War of 1812 and the Civil War




Land, Proto-Industry and Population in Catalonia, c. 1680-1829


Book Description

This monograph makes a fresh contribution to a longstanding but far from exhausted debate concerning the transition to capitalism in Europe. The work investigates key aspects of this transformation: the changes on the land, the origins of the industrial revolution, the modern rise of population and the growth of markets. It does so from a new perspective, however, by focusing on an area of southern Europe, Catalonia. Catalonia's interest as an area for study lies in its precocity within a southern European context, as one of the few regions on the European periphery to industrialise in comparable ways and at the same time as areas of northern Europe. Population growth was similarly rapid. The study engages critically with several important debates in economic and social history, such as the transition to agrarian capitalism, whether or not sharecropping should be viewed as a backwards form of agricultural production, theories of proto-industrialisation and theories of population change. It also questions claims that the nuclear family of north-western Europe was a superior model for industralisation than the more extended family structures prevalent in southern Europe. Not only could the extended family be as dynamic as the nuclear family when required but, more importantly, attention needs to be paid to other institutions and factors that may have conditioned family forms and decision-making processes. The approach taken by this work is a micro-study of one community, Igualada, an important proto-industrial centre but also situated within the viticultural region. It grew rapidly over the eighteenth century from around 1,700 inhabitants in 1717 to 4,900 in 1787 and around 7,700 by 1830. Only at the micro-level is it feasible for an individual study to reconstruct networks of relationships and patterns of decision-making at the household level. At the core of the book, therefore, is a family reconstitution of 8,700 families, supplemented by a wide body of additional sources, such as landholding contracts, tax records, manorial surveys, inventories, marriage contracts and letters.




High-tech Ventures


Book Description

This book is written primarily for people who are creating the future high-tech world by designing, building, and marketing innovative products. More specifically, it is for all engineers, engineering managers, entrepreneurs and intapreneurs. The book provides insight into the problems entrepreneurs face and gives a model for successful startup companies in a formal checklist.




The Concept Industry 4.0


Book Description

Christoph Jan Bartodziej examines by means of an empirical study which potential Industry 4.0 technologies do have regarding end-to-end digital integration in production logistics based on their functions. According to the relevance of the concept Industry 4.0 and its early stage of implementation it is essential to clarify terminology, explain relations and identify drivers and challenges for an appropriate use of Industry 4.0 technologies. The results will constitute a profound basis to formulate recommendations for action for technology suppliers and technology users.




Logistics 4.0


Book Description

Industrial revolutions have impacted both, manufacturing and service. From the steam engine to digital automated production, the industrial revolutions have conduced significant changes in operations and supply chain management (SCM) processes. Swift changes in manufacturing and service systems have led to phenomenal improvements in productivity. The fast-paced environment brings new challenges and opportunities for the companies that are associated with the adaptation to the new concepts such as Internet of Things (IoT) and Cyber Physical Systems, artificial intelligence (AI), robotics, cyber security, data analytics, block chain and cloud technology. These emerging technologies facilitated and expedited the birth of Logistics 4.0. Industrial Revolution 4.0 initiatives in SCM has attracted stakeholders’ attentions due to it is ability to empower using a set of technologies together that helps to execute more efficient production and distribution systems. This initiative has been called Logistics 4.0 of the fourth Industrial Revolution in SCM due to its high potential. Connecting entities, machines, physical items and enterprise resources to each other by using sensors, devices and the internet along the supply chains are the main attributes of Logistics 4.0. IoT enables customers to make more suitable and valuable decisions due to the data-driven structure of the Industry 4.0 paradigm. Besides that, the system’s ability of gathering and analyzing information about the environment at any given time and adapting itself to the rapid changes add significant value to the SCM processes. In this peer-reviewed book, experts from all over the world, in the field present a conceptual framework for Logistics 4.0 and provide examples for usage of Industry 4.0 tools in SCM. This book is a work that will be beneficial for both practitioners and students and academicians, as it covers the theoretical framework, on the one hand, and includes examples of practice and real world.