venture capital backed firms thus depend on joint efforts of entrepreneurs and informed venture capitalists, and are subject …

A model of start-up finance with double moral hazard is proposed. Entrepreneurs have ideas but lack own resources as …

not only finance but also advise start-up entrepreneurs and thereby add value to new firms. The paper demonstrates how a …

capital backed investments. Giving up an alternative career, entrepreneurs focus their effort on a single, high risk venture …

The paper studies the effects of tax policy on venture capital activity. Entrepreneurs pursue a single high risk …

In this paper we set up a model of start-up finance under double moral hazard. Entrepreneurs lack own resources and …

venture capital backed firms thus depend on joint efforts of entrepreneurs and informed venture capitalists, and are subject …

Start-up entrepreneurs are often commercially inexperienced. In giving managerial advice, venture capitalists can …