Innovation, Entrepreneurship, and the Economy in the US, China, and India

Chapter 16

Capital Availability

Abstract

Capital is the “lifeblood” of a new venture. In the United States, various sources of capital—angel investors, venture capital for start-ups and early-stage companies, and private equity and, of course, debt and equity capital through major Wall Street banks, for the more “mature,” late-stage new ventures—are well known. Government involvement and funding in new ventures are very limited in the United States. The question that we try to address in this chapter is whether similar channels for private capital exist in China and India and what role do they play in relation to public or government funding.

Keywords

Debt market

Equity demand

Government support

MSME demand for finance: India

SBA

SBIR

SME ...