Keuschnigg, Christian (contributor); … - 2007
time, we are able to characterize the quantity and
quality of VC-financed entrepreneurship.
When start-ups invent new and … research.
3
2 The Model
2.1 Overview
Potential entrepreneurs have ideas for new products, either good or bad, but are endowed … commercial know-how.
VC financing of new firms involves the following sequence of events: (i) VCs offer
outside financing …