, progressive taxation as well as investment and output subsidies to the entrepreneurial sector …

high-growth entrepreneurs. Our respondents together account for nearly $1 trillion in assets under management. Each … respondent evaluates synthetic profiles of potential investment partners, whose characteristics we randomize, under the real …

financing, the venture capitalist's investment decision and NPV. We find significant value losses due to holdup problems and … under-provision of effort that can outweigh the benefits of staged financing and investment. We show that a commitment to … later-stage syndicate financing increases effort and NPV and preserves the option value of staged investment. This …

-run impact on investment in new and emerging technology firms. Our findings indicate negative post-GDPR effects on EU ventures …

importance of the U.S. In the early 1990s, the declining U.S. IPO share was due to the extraordinary growth of IPOs in foreign …

quality, follow-on innovation. Winning a first patent boosts a startup's subsequent growth and innovation by facilitating …, 55% higher employment growth and 80% higher sales growth five years later. Patent winners also pursue more, and higher …

investment and skewed growth outcomes such as the achievement of an IPO or significant acquisition. Using comprehensive business …This paper develops a novel approach for assessing the role of passive learning versus a proactive growth orientation … in the entrepreneurial growth process. We develop a simple model linking early-stage founder choices, venture capital …

-based innovation system. We develop an analytical model where startups are more efficient at solving technical challenges and …