selection in capital markets affects financing decisions of entrepreneurs and firm values. By structurally estimating a dynamic … ex-ante firm value, which is due to the distortion of market beliefs and higher financing costs in private markets. On …

Entrepreneurs must experiment to learn how good they are at a new activity. What happens when the experimentation is …-compete" clauses cannot be enforced ex-post, we show that financing experimentation can become harder precisely when it is more …

We review the recent literature on the financing of innovation, inclusive of large companies and new startups. This …-held beliefs, and creating its own puzzles. Our review outlines the growing body of work that documents a role for debt financing … related to innovation. We highlight the new literature on learning and experimentation across multi-stage innovation projects …

We review the recent literature on the financing of innovation, inclusive of large companies and new start-ups. This …-held beliefs, and creating its own puzzles. Our review outlines the growing body of work that documents a role for debt financing … related to innovation. We highlight the new literature on learning and experimentation across multistage innovation projects …

We review the recent literature on the financing of innovation, inclusive of large companies and new startups. This …-held beliefs, and creating its own puzzles. Our review outlines the growing body of work that documents a role for debt financing … related to innovation. We highlight the new literature on learning and experimentation across multi-stage innovation projects …

We review the recent literature on the financing of innovation, inclusive of large companies and new startups. This …-held beliefs, and creating its own puzzles. Our review outlines the growing body of work that documents a role for debt financing … related to innovation. We highlight the new literature on learning and experimentation across multi-stage innovation projects …