Purpose: This article investigates the influence of status quo bias (SQB) on venture capital investments. Design/methodology/approach: The authors use the dynamic panel probit (respectively logit) model for 24 countries over nine years (from 2007–2015). Findings: The authors’ regressions...

Abstract We investigate empirically the relationship between software piracy and GDP per capita by considering non-linear effects. We use a panel data analysis for 100 countries over a period of 15 years. We remedy several previous econometric and methodological shortcomings and show that piracy...