Showing 1 - 10 of 268
Persistent link: https://www.econbiz.de/10001761807
Persistent link: https://www.econbiz.de/10001792565
venture capital (VC) financing. We argue that investors are faced with considerable uncertainty and therefore rely on patents … British biotechnology companies we have identified all patents filed at the European Patent Office (EPO). Applying hazard rate … attention to patent quality, financing those ventures faster which later turn out to have high-quality patents. Patent …
Persistent link: https://www.econbiz.de/10003806179
Entrepreneurs are often faced with problems regarding start-up financing. But compared to novice entrepreneurs, experienced entrepreneurs should have both more knowledge and better contacts, which should potentially reduce the occurrence of problems and affect finance composition. However,...
Persistent link: https://www.econbiz.de/10003567056
Venture capital markets are characterized by multiple incentive problems and asymmetric information in an uncertain environment. All kinds of agency problems are present: moral hazard, adverse selection, hold-up problems, window dressing, etc. Entrepreneurs and venture capitalists enter into...
Persistent link: https://www.econbiz.de/10011445155
The paper deals with the analysis of causal effects of venture capital finance for start-ups founded between 1991 and …
Persistent link: https://www.econbiz.de/10011446264
Persistent link: https://www.econbiz.de/10001651402
This paper examines the role of venture capital on a firm's innovation activities by using a data set of German technology-based firms founded between 1996 and 2005. Innovation is proxied by patent counts and an index of innovativeness which reflects the degree to which a young firm has...
Persistent link: https://www.econbiz.de/10010193833
Persistent link: https://www.econbiz.de/10001906442
Persistent link: https://www.econbiz.de/10002038911