Keuschnigg Christian; Nielsen Soren Bo - CESifo GmbH <München> - 2007
.keuschnigg@unisg.ch
Soren Bo Nielsen
Copenhagen Business School
Solbjerg Plads 3
2000 Frederiksberg
Denmark
sbn … and
the Swiss Society of Economics and Statistics 2006 in Lugano for constructive comments.
1 Introduction
Venture … business is launched and investment I is sunk, the true
quality of the project is revealed to both VC and entrepreneur as a …