Showing 1 - 10 of 3,812
matching between startups and financiers, and the taxation of VC-backed startups matter significantly for growth. …Venture capital (VC) and growth are examined both empirically and theoretically. Empirically, VC-backed startups have … 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
matching between startups and financiers, and the taxation of VC-backed startups matter significantly for growth. …Venture capital (VC) and growth are examined both empirically and theoretically. Empirically, VC-backed startups have … higher early growth rates and initial patent quality than non-VC-backed ones. VC-backing increases a startup’s likelihood of …
Persistent link: https://www.econbiz.de/10012141061
This paper reviews research findings on entrepreneurial top management teams within the last 20 years. It concentrates … on team-based management factors and their influence on a new venture's growth and ability to raise capital. This paper … integrates recent findings and provides an overview of the current state of research. Moreover, it contributes to the overall …
Persistent link: https://www.econbiz.de/10010421371
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/10010333772
While empirical studies that use event-study methodology find on average that the gains from mergers and acquisitions are positive, those focusing on accounting figures tend to find a significant drop in performance. We argue that each of the four possible combinations between positive or...
Persistent link: https://www.econbiz.de/10010291123
market for mid-career scientists and managers remains quite low, making it difficult for startups to attract the experienced …
Persistent link: https://www.econbiz.de/10010307106
proliferate. One often hears about the incredible capital gains of IPO share prices. This paper refutes the myth that investors …
Persistent link: https://www.econbiz.de/10011310374
history of venture capital financing of these firms before the IPO and the behavior of venture capitalists at the IPO. We can … capitalists is lower, their selling intensity at the IPO is higher and the committed lock-up period is longer. …
Persistent link: https://www.econbiz.de/10010297295
In this paper, we analyze the investment and divestment patterns of different types of venture capitalists. Using a data set em- bracing all venture-backed IPOs that occurred on Germany's Neuer Markt we investigate whether the governance structures, objectives, abilities and track records of...
Persistent link: https://www.econbiz.de/10010297317
We analyze the venture capitalist's decision on the timing of the IPO, the offer price and the fraction of shares he … sells in the course of the IPO. A venture capitalist may decide to take a company public or to liquidate it after one or two … financing periods. A longer venture capitalist's participation in a firm (later IPO) may increase its value while also …
Persistent link: https://www.econbiz.de/10010298130