Venture investing and city development : a look at Singapore

Thesis (S.M.)--Massachusetts Institute of Technology, Dept. of Urban Studies and Planning, 2000.

Bibliographic Details
Main Author: Modi, Vishal P. (Vishal Prafull), 1973-
Other Authors: John Preston.
Format: Thesis
Language:eng
Published: Massachusetts Institute of Technology 2012
Subjects:
Online Access:http://hdl.handle.net/1721.1/68799
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author Modi, Vishal P. (Vishal Prafull), 1973-
author2 John Preston.
author_facet John Preston.
Modi, Vishal P. (Vishal Prafull), 1973-
author_sort Modi, Vishal P. (Vishal Prafull), 1973-
collection MIT
description Thesis (S.M.)--Massachusetts Institute of Technology, Dept. of Urban Studies and Planning, 2000.
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spelling mit-1721.1/687992019-04-09T18:30:15Z Venture investing and city development : a look at Singapore Modi, Vishal P. (Vishal Prafull), 1973- John Preston. Massachusetts Institute of Technology. Dept. of Urban Studies and Planning. Massachusetts Institute of Technology. Dept. of Urban Studies and Planning. Urban Studies and Planning. Thesis (S.M.)--Massachusetts Institute of Technology, Dept. of Urban Studies and Planning, 2000. Includes bibliographical references (leaves 70-71). The dual trends of globalization and technologization in the capital markets have altered the strategies of city states that wish to be financial/regional economic centers. This thesis examines venture finance in detail and looks at the case of Singapore repositioning itself as the center of venture finance in this regard. First we understand the advantages of innovation and venture capital value proposition. We think about a general background to the world of venture finance and entrepreneurship. Then we develop a comprehensive venture-capitalists' framework. After this, we look at Bangalore and Glasgow, 2 striking examples of cities that reinvented themselves. We then try to develop a conceptual way to look at how cities will try to promote growth in the future. With these frameworks in mind, we analyze the situation in the Singaporean economy. We look at its background and its rise due to manufacturing. We show how Singapore is trying to change from its manufacturing roots and become a more 'knowledge based society.' We look at its financial sector in detail - its history, current overview and future and look at Singapore's efforts to establish itself as the venture finance hub. We think that there is enormous prestige associated with being a center of finance and accumulation. That is one of the main reasons why Singapore is concentrating on being a finance and venture finance hub. Plus venture finance has many sticky spillovers into manufacturing and into the local economy. It will make the Singaporean economy more healthy as a whole. This thesis concludes with a personal assessment of Singapore as a center of venture finance. Singapore has made a bold attempt to establish itself as the 'venture hub.' However, capital is not the main issue for Singapore. It needs to adopt a more risk taking attitude and be more willing to accept success as well as failure. In the end, this thesis explores the future of cities at large, looks at Amsterdam -- the hooked up city, and looks at the broader implications of all this creativity and innovation on cities. by Vishal P. Modi. S.M. 2012-01-30T16:50:41Z 2012-01-30T16:50:41Z 2000 2000 Thesis http://hdl.handle.net/1721.1/68799 45642985 eng M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission. http://dspace.mit.edu/handle/1721.1/7582 71 leaves application/pdf Massachusetts Institute of Technology
spellingShingle Urban Studies and Planning.
Modi, Vishal P. (Vishal Prafull), 1973-
Venture investing and city development : a look at Singapore
title Venture investing and city development : a look at Singapore
title_full Venture investing and city development : a look at Singapore
title_fullStr Venture investing and city development : a look at Singapore
title_full_unstemmed Venture investing and city development : a look at Singapore
title_short Venture investing and city development : a look at Singapore
title_sort venture investing and city development a look at singapore
topic Urban Studies and Planning.
url http://hdl.handle.net/1721.1/68799
work_keys_str_mv AT modivishalpvishalprafull1973 ventureinvestingandcitydevelopmentalookatsingapore