The aim of this paper is to better understand how entrepreneurial equity finance interacts with the complex growth process of young technological ventures. More specially, we investigate how different growth paths are influenced by the entrepreneurs' interactions with different categories of...

This study explores individual and country-level environmental drivers of informal quot;seedquot; investment. We examine four types of informal investors based on business ownership experience (or no such experience) and close family relationship with investee (or no such relationship):...

Equity capital plays an important and growing role in connecting financial resources to investment opportunities in a highly productive manner. Exchange-listed companies, IPOs, venture capital and private equity are all complementary investment avenues. Each plays a vital role that allows...

The role played by both strong and weak network ties in the creation and growth of immigrant businesses is investigated.Following a review of the literature on immigrant entrepreneurship, stages of venture development, and the role of networks in immigrant communities, the authors examine the...

This research examines the impact of the JOBS Act and Regulation A (Reg A) offerings on small and emerging businesses’ access to capital funding. By analyzing data from SEC filings and other sources, the study explores the growth trends, issuer types, and funding status of Reg A filings. The...

New industry finance has the following five characteristics. First, information asymmetry problem appears relatively stronger in the new industry finance compared to the normal industry finance. Asymmetry of information between trading partners means that the amount of information is on...

This paper analyzes the effects of new business formation on industry growth. Dynamic panel techniques are used to test two hypotheses. First, does hit-andrun competition secure efficiency in an industry? Second, do innovative startups lead to amplified innovations by diminishing the knowledge...