Finance, Innovation and Emerging Industries – a Review

Abstract

This paper provides a review entrepreneurial finance in emerging industries. First we examined literature to create a view of industrial emergence with reference to systems thinking. We then explored the role of entrepreneurial finance in emerging industries, and whether it can theoretically slow or accelerate industrial emergence through reference to the literature. We find the link between entrepreneurial finance and industrial emergence is not a simple relationship of more finance generates more innovation and industrial emergence.