where adverse selection problems between entrepreneurs, venture capitalists and incumbents are present. We show that as …

entrepreneurs are better informed than the venture capitalists (VCs). We demonstrate that for a well-designed contract the … variability of the return is sufficiently large, the entrepreneurs will find it desirable to rely on convertible securities with … with which the entrepreneurs are awarded equity shares without investment outlays. We compare the different financing …

where adverse selection problems between entrepreneurs, venture capitalists and incumbents are present. We show that as …

Entrepreneurs face higher commercialization costs than incumbents. We show that this implies that entrepreneurs will …, entrepreneurs may select too safe projects from a social point of view, since they do not internalize the business stealing effect … inducing entrepreneurs to choose less risky projects, whereas R&D support encourages entrepreneurship without affecting the …

investors and 72 entrepreneurs belonging to 54 ventures located either in California or Belgium. Regression analyses indicate … that entrepreneurial intentions to exit are higher for entrepreneurs who face more task and goal conflicts. Angel investors …

Women entrepreneurs are known not only to reimburse loans swifter than men, but also to receive smaller loans. However …

We study how entrepreneurs evaluate the ability of different U.S. venture capitalists (VCs) to add value to start …-up companies. Analyzing a large dataset on entrepreneurs' stated preferences on VCs, we show that entrepreneurs view independent … entrepreneurs are able to correctly identify the VCs with better track record, they do not believe that such VCs have a higher …

VC market. We theorize and empirically document that entrepreneurs' human capital background and venture …

entrepreneurs' interactions with different categories of private equity investors, namely business angels (BAs) and formal venture … that growth paths depend strongly on the entrepreneurs being more or less able to simultaneously leverage BAs' and VCs …' financial as well as cognitive resources. The entrepreneurs ‘capability to do so, is shown to be dependent on their specific …