Felipe Vergara and Lumni: Launching an Innovation in a Developing Economy

15 Pages Posted: 21 Oct 2008  

Gosia Glinska

University of Virginia - Darden School of Business

S. Venkataraman

University of Virginia - Darden School of Business

Bidhan L. Parmar

University of Virginia - Darden School of Business

Saras D. Sarasvathy

University of Virginia - Darden School of Business

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.

Keywords: financing, decision making, entrepreneurship, leadership, strategy, innovation

Suggested Citation

Glinska, Gosia and Venkataraman, S. and Parmar, Bidhan L. and Sarasvathy, Saras D., Felipe Vergara and Lumni: Launching an Innovation in a Developing Economy. Darden Case No. UVA-ENT-0083. Available at SSRN: https://ssrn.com/abstract=1278400

Gosia Glinska (Contact Author)

University of Virginia - Darden School of Business ( email )

P.O. Box 6550
Charlottesville, VA 22906-6550
United States

S. Venkataraman

University of Virginia - Darden School of Business

P.O. Box 6550
Charlottesville, VA 22906-6550
United States

Bidhan L. Parmar

University of Virginia - Darden School of Business ( email )

P.O. Box 6550
Charlottesville, VA 22906-6550
United States

Saras D. Sarasvathy

University of Virginia - Darden School of Business ( email )

P.O. Box 6550
Charlottesville, VA 22906-6550
United States

HOME PAGE: http://www.effectuation.org

Paper statistics

Downloads
215
Rank
115,376
Abstract Views
1,700