Question

please at least one page.

New ventures are popular in many countries. Discuss their contributions to country's development.

Answer 1

Venture capital is a capital which is being invested by the prospectus venture capitalists with high risks. People invest in new business at their initial point of entrepreneurship by having maximum risk and thus providing high profits and high returns which comes with great risk too. That is true that new ventures are being very popular in many developing as well as developed countries. Thus, many people are now investing more in ideas and how new business are being setting up in the economy. The contributions to country's development by ventures are:

1. More resources: Venture capital and capitalists help the people to start their business and work on their ideas by providing them efficient funds for the operations. Thus, by providing funds and making them work in the economy, more resources through globalisation: natural or artificial can be effectively tapped all around the world boosting the country's development in which ventures are taking place.

2. Better Technology: Better technology, technology spillover and other variable concepts can also be studied if the venture capitalists invest in a less advances countries. Through globalisation and increased entrepreneurship, more technology can be brought in the company to increase its operations and thus increase in the technology used.

3. Employment: At last, the development of the country is also increased through ventures by increasing the employment rate of the country. Through ventures, more companies and startups could work and operate in an economy which will then increase the amount of jobs and employment in the country leading to the development.