ESCWA Publication: E/ESCWA/ICTD/2007/12
Publication Type: Reports & studies
Cluster: Statistics, Information Society and Technology
Focus Area: Financing for development, Financing for development, Technology & innovation, Technology & innovation
Keywords: Arab countries, Communication technology, Entrepreneurship, Financing, Information technology, Technological innovations, Venture capital
ICT Finance, Venture Capital and Entrepreneurship
January 2007
The development of appropriate financial instruments, provision of financial resources and venture capital, and support for and strengthening of innovative operations and pioneering work are essential in order to facilitate the provision of innovative solutions and the creation in the ESCWA region of a knowledge-based economy. This study sheds light on the need to assign the highest priority to mechanisms for financing innovation, and identifies venture capital as one of the most important mechanisms for financing information and communications technology (ICT), with the focus on financing for high-risk leases or new establishments, and a description of their stages of growth.
Related content
Financing for development
, Financing for development
, Technology & innovation
, Technology & innovation
,
The development of appropriate financial instruments, provision of financial resources and venture capital, and support for and strengthening of innovative operations and pioneering work are essential in order to facilitate the provision of innovative solutions and the creation in the ESCWA region of a knowledge-based economy. This study sheds light on the need to assign the highest priority to mechanisms for financing innovation, and identifies venture capital as one of the most important mechanisms for financing information and communications technology (ICT), with the focus on financing for high-risk leases or new establishments, and a description of their stages of growth.
