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Crowdfunding, Cascades and Informed Investors
Parker, Simon C. - Institute for the Study of Labor (IZA) - 2014
Do higher proportions of (a) informed investors and (b) high-quality projects increase the number of good projects that are ultimately financed via crowdfunding? A simple model and simulation reveals the answers to both questions to be: 'not necessarily'.
Persistent link: https://www.econbiz.de/10010747357
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Survival of Spinoffs and Other Startups: First Evidence for the Private Sector in Germany, 1976-2008
Fackler, Daniel; Schnabel, Claus - Institute for the Study of Labor (IZA) - 2013
initially employ more skilled and more experienced workers than other startups. Controlling for these and other differences, we … find that spinoffs are less likely to exit than other startups. We show that in West and East Germany and in all sectors …
Persistent link: https://www.econbiz.de/10010686907