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Felipe Vergara and Lumni: Launching an Innovation in a Developing EconomyGosia GlinskaUniversity of Virginia - Darden School of Business S. VenkataramanUniversity of Virginia - Darden School of Business Bidhan L. ParmarUniversity of Virginia - Darden School of Business Saras D. SarasvathyUniversity of Virginia - Darden School of Business Darden Case No. UVA-ENT-0083 Abstract: The case chronicles the development of Lumni, Inc., an international start-up offering innovative mechanisms for financing higher education. It focuses on: the details of decision making required to transform an idea into a viable business; building partnerships; the challenge associated with raising venture capital; and the challenges of creating a new market where human capital can be traded to finance higher education.
Number of Pages in PDF File: 15 Keywords: financing, decision making, entrepreneurship, leadership, strategy, innovation working papers seriesDate posted: October 21, 2008Suggested CitationContact Information
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