This paper examines the effect of startups' ESG characteristics on investors' decisions by employing an incentivized resume rating experiment with real US venture capitalists and matching investors with data on their involved deals. Investors need to evaluate multiple hypothetical startup...

Although firms' preferences about impact investing affect sustainable investment in equilibrium, little relevant empirical evidence exists to guide the theory. This paper studies whether adopting an impact investing strategy influences startups' intentions to collaborate with venture capitalists...

Women's participation rate in the high-growth entrepreneurship has been consistently lower than in other high-skilled jobs for previous decades. This paper aims to explain this unique persistent gender gap in both the US venture capital industry and the US entrepreneurial activities from the...

The entrepreneurial financing process is essentially a two-sided matching process between investors and startups. This paper implements two symmetric incentivized resume rating (IRR) experiments with real US venture capitalists and US startup founders to elicit their preferences for potential...