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Creating Risk Capital: A Royalty Fund Solution to the Ownership and Financing of Enterprise by Ian Whalley

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10. Seeking a Solution

The problems over capital facing many small and medium-size enterprises, and diverse enterprises like mutual and non-profit organisations, are wide-ranging and complex. Equally wide-ranging and complex are the problems facing some major public companies over their conduct, and large investor-owned public service companies over their legitimacy. Much has been done, and continues to be done, to address these problems, but there is no single or easy solution.

These enterprises are all very different. They adopt a variety of institutional forms, each with their own advantages and disadvantages. The advantages help them to make unique contributions to the economy and society in their distinctive ways. The disadvantages lead ...

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