Smart finance for smart places to foster new venture creation

Competition, Contracting, and Value Creation in Venture Capital Finance∗

We embed venture capital contracting in a search market environment where venture capitalists and entrepreneurs meet and bargain over optimal contracts. We find that both the composition and type of financial claims held by the venture capitalist and entrepreneur depend critically on the underlying market structure. In some cases both parties hold a mix of debt and equity while in others only o...

SmartMesh: A Smart Structure for Object Creation

We introduce the SmartMesh, a novel type of active structure capable of deforming actively its shape and thus being able to form objects. It is a new approach to find a solution to the difficulties that are encountered in the field of haptic interaction in virtual environments. The SmartMesh creates in real time the virtual objects as seen through head mounted displays at the according position...

Smart Hospitals Need Smart Managers

New Approaches to Innovation: Do Smart Cities Produce Smart Entrepreneurs?

Living Labs aim to engage in user-centered design practices where users are included in their daily life environment as innovative agents. However, empirical insights in end user engagement in Living Lab practices are currently lacking. This article focuses on opening up this black box of user engagement by analyzing the involvement of a group of entrepreneurs in a Living Lab smart city pilot i...

Leveraging GIS Technologies for Web-Based Smart Places Services

This paper describes our experiences and lessons learnt in building a Geographic Information System (GIS) specifically designed for indoor location-based services within our smart places infrastructure. The proposed system was built by mashing-up commodity Open Source software and novel research prototypes realized within our labs. The overall approach relies on intense usage of standard web te...