ABSTRACT
The aim of this book is to analyse methods of risk appraisal in new high-technology ventures (compare Reid and Smith, 2001; Norman, 2004). The objectives of the research upon which this book reports were threefold. First, to advance best practice in supporting high-technology ventures (compare Hsu and Kenny, 2005). Second, to suggest new methodologies, drawing on accounting, finance and economics, for risk handling (compare Cumming et al., 2005). Third, to increase awareness of the utility of accounting, finance and economics methods in a combined sense, for improving our understanding and management of uncertainty. Such methods are explored from both the venture capitalist’s (investor’s) and the entrepreneur’s (investee’s) perspective.
