| People often look to well-developed networks for insight into the venture capital acquisition process, but many of us live in different contextual environments, and we must be able to craft policies that are practical considering that the venture capital acquisition process may be occurring differently, within a dissimilar network environment. As demonstrated by this study, less developed networks can exhibit certain aspects that are well-developed. Some aspects are not relevant for policy: we cannot realistically establish a stock market in order to facilitate venture capital exits, but we can identify which factors are less-developed, more developed, and in transition, so that policies can be crafted from a strategic point of view. The question for policy makers now is whether to focus on promoting less-developed characteristics to push development of venture capital acquisition, or to further promote well-developed characteristics to pull the process, or to strive instead for balance. |
