Sadly for Mr West, his door isn't currently swinging off its hinges after being banged down by billionaire investors, eager to throw cash at Kanye's recent technological ventures.
While the Ghana Stock Exchange was considered reputable, it is not yet interested in technological ventures in the health field; rather, it focuses on lower-risk activities such as mining and real estate.
But even in this area, the pressure is mounting, thanks to the technological forces venture capital has helped to unleash, argues Fred Destin of the European arm of Accel, another Silicon Valley firm.Online media, from CrunchBase to Twitter, allow entrepreneurs to see which VC firms and partners have done which deals.
One such technological joint venture, a pinpoint bomb guidance device called the Joint Direct Attack Munition, or JDAM, is essentially a $20,000 backpack full of satellite guidance equipment that can be strapped to a cheap gravity bomb and delivered by B-52 bombers as old as their pilots' parents.
Technological joint ventures, as powerful mechanisms to attain innovation, have become commonplace.
Drawing on the real options approach and using an eight-year panel of 4050 Spanish manufacturing firms, we examine under which conditions firms form technological joint ventures.
Results suggest that public policies should particularly, although not exclusively, foster participation of young and small firms in technological joint ventures.
Understanding the nature, process, and content of such collaborative research and technological development ventures can endow with strategic insights both the government policy making and the corporate strategy crafting that informs, shapes, and evolves such partnerships.
We find that a firm's propensity to form technological joint ventures is positively related to its absorptive capacity and to the degree of environmental technological uncertainty, and negatively related to the risk of pre-emption by rivals and the existence of opportunity costs.
