1st Edition

State Capital and Private Enterprise The Case of the UK National Enterprise Board

By Daniel C. Kramer Copyright 1988
270 Pages
by Routledge

270 Pages
by Routledge

270 Pages
by Routledge

To what extent can governments supplement private venture capitalists and stimulate the economy by providing money to new entrepreneurs as well as existing enterprises? The UK’s National Enterprise Board (NEB) attempted to do just this, and whilst it gained most publicity through its efforts to bail out ailing giants such as British Leyland and Rolls Royce Aerospace, much of its attention was... Read more

Foreword.  1. Introduction: The Rise and Fall of the NEB  2. The NEB’s Profit-and-Loss Record  3. Obstacles Faced by NEB not Confronting Private Venture Capitalists  4. The Board Wraps Itself in a Cloud of Mystery: Additional Parliamentary Tribulations of a Public Venture Capitalist  5. The NEB and the Department of Industry  6. Firms Aided by the NEB as Venture Capitalist: Case Studies  7. Highlights of the Case Studies  8. Inmos  9. The Insac Debacle  10. The Nexos Disaster  11. Alfred Herbert  12. Fairey and Ferranti  13. Rolls Royce  14. British Leyland  15. The NEB and the Ministry of Defence  16. Is an NEB Now Needed in the United Kingdom?  17. Does the US Need an NEB?  18. Government Subsidies to Specific Firms: An Evaluation of the Conservative Critique  19. Government Subsidies to Specific Firms: An Evaluation of the Radical Critique  20. The NEB: An Example of Co-operation.  Bibliography.  Index.

Biography

Daniel C. Kramer