| RESUME:
Foreword
Preface
Table of
Contents
List of Tables
& Figures
BACKGROUND AND OVERVIEW
Venture Capital as Defined by American and
Asian
Venture
Capitalists
Development
Stage
Seed Financing
Start-up
Financing
First Round
Financing
Expansion Stage
Second Round
Financing
Third Round
Financing
Mezzanine or
Bridge Financing
Leveraged Buyout
Venture Capital
in the US: An Introductory Background
Definition of
Biotechnology
High-Technology:
Current Developments
The Impact of
Silicon Valley & the Growth of Hi-tech
Business and
Venture Capital Industry
Science Park in
the UK
SCIENCE
PARKS: THE VENTURE CAPITAL CONNECTION & PUBLIC SECTOR/ ACADEMIA
INPUTS
Science Parks in
the Asia Pacific: A Brief Perspective
Singapore
Science Council and Singapore Science Park: The Background
Innovation
Centre, Faculty of Engineering, NUS
NTI's Role in
High-Tech
University-Industry
Synergistic Interaction: Overall Assessment
The Science
Park's Contributions
Public Sector Agencies
National
Computer Board
CINTECH
Singapore
Institute of Standards & Industrial Research
NUS
Affiliated Bodies
Institute of
Systems Science
Institute of
Molecular & Cell Biology
Government's Role and Incentives in Venture
Capital Funds
The Role of EDB
Product
Development Assistance Scheme
Research and
Development Assistance Scheme (RDAS)
Pioneer Status
Investment
Allowance
Intellectual
Property Protection
Exemption From
Section 149 of the Company's Act
Tax-Free Capital
Gain
Venture Capital
Incentive
The EDB's
Contributions to the Venture Capital Industry
VENTURE
CAPITALISTS AND CORPORATE INVESTORS: THE DEALMAKERS
The
Lubricators
Market
Structure
SEAVI: The Regional & Global Financier
SEAVI's Fund Raising Strategy
Gestation
Period
Fee Structure
Investment
Strategies
SEAVI's
Investment Philosophy
Liquidity and
Funding Strategies
Monitor and
Control System
Fund Raising
Investment
Process (The Seven Stages)
Strategic
Assessment
Transtech
Ventures: Another US
Based Globalist
Transtech I
& H
Investment
Objectives
Fee Structure
Transtech's
Strategy
The Role of
the 'Big Four' Banks & Venture Capital Industry
Prudential
Asset Management Asia Ltd (PAMA)
Foreign Banking
Participation
Participation
of Other Corporate Players
Larry Jewelry
& Entry of High Networth Individual
Walden
International Ltd
Hambrecht &
Quist
Challenges
& Prospects Facing Venture Capitalists in
Asia Pacific
Region
Fund Strategy
of Venture Capitalists
Screening
Process
Lack of Skills
& Overdevelopment of Institutional Investment
Board Seat
Policy
Risk Reward
Ratio
Difference
Between Venture Capital & Commercial Banking
THE STUFF THAT DREAMS ARE MADE OF
Background
Pacific Biomedical Enterprise: A Pulsating
Story
Overseas
Operations
Problems &
Prospects
Diagnostic Biotechnology Pte Ltd: Fighting
the AIDS Scourge
Marketing
Strategy
The Challenge of
Technology Transfer
DB's Long Term
Strategy
Performance
& Future Prospects
Plantek International: The
Commercialisation of Plant Genetics Expertise
Locational
Strategy & Joint Research Efforts
Funding
Product Focus
Strategy
Realignment
Problems &
Prospects
Everbloom Mushroom (Pte) Ltd and The Elixir
of Life
Funding Modus
Operandi
R&D
Breakthrough & Commercialisation
Problems &
Challenges
Tata Elxsi: Of Supercomputers, MIN and
Gigaflop
The Silicon
Valley Connection & Ownership Structure
Marketing
Strategy
Singapore's
Regional Hi-tech Policy
The Issues & Problems Facing Investees: A
Summary
Perceptions on
Venture Capitalist: Conservatism
Picking Winners
Syndrome
Why Take Risks?
Funding Problems
`Me Too'
Syndrome
Competition
Cost Cutting and
Rationalisation Strategy
V THE LIQUIDITY ROAD: SESDAQ
Background: High Risk Capital Market &
the
Entrepreneurs'
Salvation
The Hour Glass
Singatronics
Gul Technologies
and Management Buyout
Amtek
Engineering
Electro Magnetic
(S) Ltd
Material
Handling Engineering
Performance & Prospects of Venture Capital
Entrants
Sesdaq
More Relaxed
Rules for Sesdaq Listings
The Attraction
of USM to Entrepreneurs
Teething
Problems
Recommendations
Nasdaq-Sesdaq
Linkage
IPO &
Other Profit Taking Alternatives
VENTURING
INTO THE 1990s: PROSPECTS AND CHALLENGES
Global Developments
Venture
Capital Industry in Taiwan
Venture
Capital Industry in Hong Kong & China
Venture
Capital Industry in South Korea
Venture
Capital Industry in Australia
Venture
Capital Industry in the USA and the Japanese Challenges
Venture
Capital Industry in Europe
Venture Capital: The Wider Dimension
Venture
Capital and the Movie Industry
Venture
Capital and Sunken Treasures
Managerial
Issue
Entrepreneurial
Issue
The Control
Dilemma
Local vs
Expatriate Enigma
Hong Kong vs
Singapore: Two Different Mindsets
Biotech Industry
Shakeout
Biotechology
& Other Hi-tech Future Prospects
Shortfalls of
Conventional Financing
The Need for a
Venture Capital Association
A Third Stock
Market & Educational Process
Government's
Policy
Policy
Implications
Business
School-Science Park Collaboration
Commercialisation
of R&D and the Harvard University
Experiment
Venture
Capital, Science Parks, & Breakthroughs:
Singapore's
Regional Contributions
Venture Capital
& Global Networking
SMEs, Current
Research & the Future
Interview with Dr Hsu Ta-Lin,
Managing
Director (Asia Pacific), Hambrecht & Quist
Appendices
Bibliography |
