Reverse Dictionary by Reader's Digest

Reverse Dictionary by Reader's Digest

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.

BRENDA JACKSON is a die heart romantic who married her childhood sweetheart and still proudly wears the going steady ring he gave her when she was fifteen. Because she's always believed in the power of love, Brenda's stories always have happy endings. In her real- life love story, Brenda and her husband of thirty-nine years live in Jacksonville, Florida and have two sons. A New York Times and USA Today bestselling author of more than eighty-five romance titles, Brenda is a retiree from a major insurance company and now divides her time between, family, writing and traveling with Gerald. ou may write Brenda at P.O Box 28267, Jacksonville, Florida 32226; her e-mail address at AuthorBrendaJackson@gmail.com or visit her website at www.brendajackson.net.