{"product_id":"venture-capital-state-robyn-klingler-vidra-9781501723377","title":"Venture Capital State: The Silicon Valley Model in East Asia","description":"\u003cp\u003eSilicon Valley has become shorthand for a globally acclaimed way to unleash the creative potential of venture capital, supporting innovation and creating jobs. In \u003ci\u003eThe Venture Capital State \u003c\/i\u003eRobyn Klingler-Vidra traces how and why different states have adopted distinct versions of the Silicon Valley model.\u003c\/p\u003e\u003cp\u003eVenture capital seeks high rewards but is enveloped in high risk. The author's deep investigations of venture capital policymaking in East Asian states (Hong Kong, Taiwan, Singapore) show that success does not reflect policymakers' ability to replicate the Silicon Valley model. Instead, she argues, performance reflects their skill in adapting a highly lauded model to their local context. Policymakers are \"contextually rational\" in their learning; their context-rooted norms shape their preferences. The normative context for learning about policy--how elites see themselves and what they deem as locally appropriate--informs how they design their efforts.\u003c\/p\u003e\u003cp\u003e\u003ci\u003eThe Venture Capital State\u003c\/i\u003e offers a novel conceptualization of rationality, bridging diametrically opposed versions of bounded and conventional rationality. This new understanding of rationality is simultaneously fully informed and context based, and it provides a framework by which analysts can bring domestic factors to the very heart of international diffusion of policy. Klingler-Vidra concludes that states have a visible hand in constituting even quintessentially neoliberal markets.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Robyn L. Klingler-Vidra\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 1501723375\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9781501723377\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Cornell University Press\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 09\/15\/2018\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 210\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.03lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.00h x 6.00w x 0.63d\u003cbr\u003e\u003cbr\u003e\u003cb\u003eReview Citation(s): \u003c\/b\u003e\u003cbr\u003e\u003ci\u003eChoice\u003c\/i\u003e 02\/01\/2019","brand":"Robyn L. Klingler-Vidra","offers":[{"title":"Hardcover","offer_id":43935202803967,"sku":"9781501723377","price":56.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/products\/img_136d7750-99be-4f15-9e09-8ac4ef755b03.jpg?v=1681418454","url":"https:\/\/www.whiterainbookhouse.com\/products\/venture-capital-state-robyn-klingler-vidra-9781501723377","provider":"WR Book House","version":"1.0","type":"link"}