Klein, Peter; Siegel, Donald; Wilson, Nick; Wright, Mike; … - In: Managerial and Decision Economics 35 (2014) 2, pp. 114-128
This study examines how fluctuations in the amount of capital flowing into venture funds affect the financing of innovative startup companies and how economic downturns affect such financing. We argue that the nature of the economic downturn can cause differential effects on the investment...