Narrow search
Showing 1 - 10 of 283
Cover Image
Venture Capital and Growth of Young High-Tech Firms in the EU: A Systematic Review of the Empirical Evidence
Pantea, Smaranda; Tkacik, Marcel - 2021
innovation and other aspects of firm performance. They suggest that private VC tends to have larger effects than government VC …
Persistent link: https://www.econbiz.de/10014547808
Cover Image
Synergizing ventures
Akcigit, Ufuk; Dinlersoz, Emin Murat; Greenwood, Jeremy; … - 2019
reaching the right tails of the firm size and innovation distributions. Furthermore, outcomes are better for startups matched …
Persistent link: https://www.econbiz.de/10012389572
Cover Image
Killer acquisitions and beyond: Policy effects on innovation strategies
Letina, Igor; Schmutzler, Armin; Seibel, Regina - 2020
This paper provides a theory of strategic innovation project choice by incumbents and start-ups. We show that … prohibiting killer acquisitions strictly reduces the variety of innovation projects. By contrast, we find that prohibiting other … acquisitions only has a weakly negative innovation effect, and we provide conditions under which the effect is zero. Furthermore …
Persistent link: https://www.econbiz.de/10012284781
Cover Image
Killer acquisitions and beyond: Policy effects on innovation strategies
Letina, Igor; Schmutzler, Armin; Seibel, Regina - 2021
foundation for the analysis of acquisition policy. We show that prohibiting acquisitions has a weakly negative innovation effect …This paper provides a theory of strategic innovation project choice by incumbents and start-ups which serves as a …
Persistent link: https://www.econbiz.de/10012662673
Cover Image
Killer acquisitions and beyond: Policy effects on innovation strategies
Letina, Igor; Schmutzler, Armin; Seibel, Regina - 2023
This paper provides a theory of strategic innovation project choice by incumbents and start-ups which serves as a … foundation for the analysis of acquisition policy. We show that, in spite of countervailing incentives on incumbents and entrants …, prohibiting acquisitions has a weakly negative overall innovation effect. We provide conditions determining the size of the effect …
Persistent link: https://www.econbiz.de/10014333779
Cover Image
Killer acquisitions and beyond: Policy effects on innovation strategies
Letina, Igor; Schmutzler, Armin; Seibel, Regina - 2021
foundation for the analysis of acquisition policy. We show that prohibiting acquisitions has a weakly negative innovation effect …This paper provides a theory of strategic innovation project choice by incumbents and start-ups which serves as a …
Persistent link: https://www.econbiz.de/10012588494
Cover Image
Geographic location of a new venture and the likelihood of a venture capital investment
Achleitner, Ann-Kristin; Bender, Marko; Kaserer, Christoph - 2010
Based on 1182 dyads of German new ventures and venture capitalists involved in a financing round between 2002 and 2007, we examine the impact of spatial proximity on the likelihood of an investment. We find that with each triplication of journey time the relative likelihood of an investment...
Persistent link: https://www.econbiz.de/10010305691
Cover Image
Employment contribution of private equity and venture capital in Europe
Achleitner, Ann-Kristin; Klöckner, Oliver - 2005
Over the past ten years, private equity and venture capital have played an increasingly important role in the European economy. In parallel to the increase in investments, contribution of the private equity and venture capital industry to employment in Europe has grown. Against this background,...
Persistent link: https://www.econbiz.de/10010305718
Cover Image
Private equity minority investments in large family firms: what influences the attitude of family firm owners?
Achleitner, Ann-Kristin; Schraml, Stephanie; Tappeiner, … - 2008
This paper extends research in the field of private equity investments in family firms. It contributes to the literature by fundamentally analyzing the decision criteria of family firm owners for using minority investments of private equity investors. This type of financing might be of great...
Persistent link: https://www.econbiz.de/10010305713
Cover Image
Structure and determinants of financial covenants in leveraged buyouts - evidence from an economy with strong creditor rights
Achleitner, Ann-Kristin; Braun, Reiner; Tappeiner, Florian - 2009
We apply control rights theory to explain the structure and determinants of financial covenants in private equity backed leveraged buyouts. We analyze 130 German transactions from 2000 to 2008, covering about 40 percent of the LBO market during this period. We consider Germany to be a superior...
Persistent link: https://www.econbiz.de/10010305733