Audretsch, David B.; Mahagaonkar, Prashanth; Bönte, Werner - Universitätsbibliothek Wuppertal, University Library - 2009
innovation as well as the project's feasibility. Our analysis of 900 nascent entrepreneurs finds that patents and prototypes …External finance is central for nascent entrepreneurs, people in the process of starting new ventures. We argue that … nascent entrepreneurs use patents and prototypes in order to signal their ability to appropriate the returns from their …