Showing 1 - 10 of 5,868
Persistent link: https://www.econbiz.de/10003311020
This paper investigates how patent applications and grants held by new ventures improve their ability to attract venture capital (VC) financing. We argue that investors are faced with considerable uncertainty and therefore rely on patents as signals when trying to assess the prospects of...
Persistent link: https://www.econbiz.de/10003806179
Entrepreneurs are often faced with problems regarding start-up financing. But compared to novice entrepreneurs, experienced entrepreneurs should have both more knowledge and better contacts, which should potentially reduce the occurrence of problems and affect finance composition. However,...
Persistent link: https://www.econbiz.de/10003567056
Persistent link: https://www.econbiz.de/10009499839
Starting a firm with expansive potential is an option for educated and high-skilled workers. This option serves as an insurance against unemployment caused by labor market frictions and hence increases the incentives for education. We show within a matching model that reducing the start-up costs...
Persistent link: https://www.econbiz.de/10009728182
This paper proposes and analyses a model of start-up investment. Innovative entrepreneurs are commercially inexperienced and can benefit from venture capital support. Only part of them succeed in matching with a venture capitalist while the rest must resort to standard bank finance. We consider...
Persistent link: https://www.econbiz.de/10011514147
Persistent link: https://www.econbiz.de/10003389384
Persistent link: https://www.econbiz.de/10002161044