Showing 1 - 10 of 759
We introduce a new dataset built from a global non-profit startup program for early-stage high-technology startups called Creative Destruction Lab (CDL). The early stages of startup formation remain one of the least understood aspects of firm growth. The nature of this program and the data...
Persistent link: https://www.econbiz.de/10015450882
We review the recent literature on the financing of innovation, inclusive of large companies and new startups. This … related to innovation. We highlight the new literature on learning and experimentation across multi-stage innovation projects … innovation and changing external conditions, especially reduced experimentation costs …
Persistent link: https://www.econbiz.de/10012457990
failure tolerance and a sharp guillotine helps explain when and where radical innovation occurs …
Persistent link: https://www.econbiz.de/10012459282
This paper examines the impact of government-sponsored venture capitalists (GVCs) on the success of enterprises. Using international enterprise-level data, we identify a surprising non-monotonicity in the effect of GVC on the likelihood of exit via initial public offerings (IPOs) or third party...
Persistent link: https://www.econbiz.de/10012462136
Evidence on the "funding gap" for investment innovation is surveyed. The focus is on financial market reasons for …
Persistent link: https://www.econbiz.de/10012463325
While policymakers often assume venture capital has a profound impact on innovation, that premise has not been … measures of innovation are used in a sample of 530 venture-backed and non-venture-backed firms …
Persistent link: https://www.econbiz.de/10012471966
The General Data Protection Regulation (GDPR) came into effect in the European Union in May 2018. We study its short-run impact on investment in new and emerging technology firms. Our findings indicate negative post-GDPR effects on EU ventures, relative to their US counterparts. The negative...
Persistent link: https://www.econbiz.de/10012480899
Venture capital is associated with some of the most high-growth and influential firms in the world. Academics and practitioners have effectively articulated the strengths of the venture model. At the same time, venture capital financing also has real limitations in its ability to advance...
Persistent link: https://www.econbiz.de/10012481347
quality, follow-on innovation. Winning a first patent boosts a startup's subsequent growth and innovation by facilitating …
Persistent link: https://www.econbiz.de/10012455413
We study why high-priced acquisitions of entrants by an incumbent do not necessarily stimulate more innovation and …
Persistent link: https://www.econbiz.de/10012481729