However, the research indicates that venture capitalists face many challenges in attempting to assists businesses in developing countries. These challenges often have the do with the lack of government structure and laws that determine how businesses are to operate.
References
Aylware, a. (1998). Trends in venture capital finance in developing countries. (36). Washington, DC: International Finance Corporation.
Berger, K. (2004, June). The Power of Venture Capital: Venture Capital Is Essential to Enable Entrepreneurs to Expand or Start New Ventures. But it Is Risky and Africa Comes Top of the Table in Terms of High Risks. However, Things May Be Changing as Kasimir Berger Reports. African Business 37.
Hamori, B. (1999). Dog strategies in the transition economies. (Eastern Europe). Business Horizons, 42,
Jackson, T. (2004). Management and Change...
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