Читать книгу Creating Risk Capital - Ian Whalley - Страница 7

This book is divided into three principal parts.

Part I looks at the rich inheritance of enterprises in the major market economies and at their origins. It describes the various ways in which enterprises are organised and the diverse forms of ownership, control and governance. It then looks at the capital and credit systems, including the provision of risk capital, which support enterprise. Finally it brings enterprise and finance together at their natural meeting point: the capital structure.

Against this background, Part II looks at some of the problems which arise, and at any gaps or flaws in these systems, most of which are well-known and much debated.

Part III seeks grass-roots solutions to the problems covered in Part II and introduces a fresh approach to risk capital and ownership: royalty funding. It describes the various building blocks of royalty funding, integrates them into a system and shows how a royalty fund would operate. It then looks at applications and at the wider potential of the approach.