Close Notification

Your cart does not contain any items

State Capital and Private Enterprise

The Case of the UK National Enterprise Board

Daniel C. Kramer



We can order this in for you
How long will it take?


07 February 2019
Public finance accounting; Industry & industrial studies
To what extent can governments supplement private venture capitalists and stimulate the economy by providing money to new entrepreneurs as well as existing enterprises? The UK's National Enterprise Board (NEB) attempted to do just this, and whilst it gained most publicity through its efforts to bail out ailing giants such as British Leyland and Rolls Royce Aerospace, much of its attention was actually directed to smaller ventures. Originally published in 1988 Professor Kramer reports that the NEB's record of success was surprisingly good, and that many flourishing undertakings would not be in business today had it not been for the NEB's efforts. The author goes further, and after discussing the political and economic issues involved in according public aid to private enterprises on a case by case basis, he argues that not only should the UK revive its NEB, but that other countries, notably the United States, could benefit by establishing their own versions of it. Indeed, throughout, the author's perspective as an outsider makes him peculiarly alive to the relevance of the UK example to a whole range of international cases.

As the first scholarly, full-length study of the NEB, this book will be of value to those interested in the relationships between venture capitalists generally and the enterprises in which they take equity. It will also interest those studying the relationship between holding companies and their subsidiaries.
By:   Daniel C. Kramer
Imprint:   Routledge
Country of Publication:   United Kingdom
Volume:   5
Dimensions:   Height: 216mm,  Width: 138mm, 
Weight:   431g
ISBN:   9780367173500
ISBN 10:   0367173506
Series:   Routledge Library Editions: Public Enterprise and Privatization
Pages:   266
Publication Date:   07 February 2019
Audience:   College/higher education ,  Further / Higher Education ,  A / AS level
Format:   Hardback
Publisher's Status:   Active

See Also