The essential question for any venture capital and the key answer for any entrepreneur... And yet a question that the vast majority of entrepreneurs find an answer to after having created the wrong startup...
The search for funding is, for most technological startups and microSMEs, a challenge closely linked to their survival. These companies must invest a significant amount of resources in researching and developing innovative products that allow them to compete in the market they are targeting.
I have to admit that the title is intended to attract attention. I don't really think that public funding can or should compete against private funding, I simply see them as complementary. Private finance (venture capital) is structured based on good practices
An interesting article by Mr. Jordi Canals, general director of IESE, has been published in the newspaper Expansión, who refers to the fact that the success of Spanish companies that have become international R&D references such as BBVA, Inditex, Indra...
Referring to the success of Japanese companies, Kenichi Omahe says in his book “The Mind of the Strategist” that, the common thing for these companies is that they have a strategist with great natural talent who is, in general, the founder or CEO. Maybe they never took a course or read a book on strategy...