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-value pairs between the funders and the entrepreneurs. Issues of identification and control are thus not based upon any formal … transformation of capital is highly moderated by cultural and symbolic capital. Crowdfunding seems an ideal match for entrepreneurs … seeking for ‘societal' value more than for economic gain. While the entrepreneurs act as catalysts, members of the crowd take …
Persistent link: https://www.econbiz.de/10012938073
out by some entrepreneurs and their young businesses. In this study, we analyze the extent to which differences in FDI and … technological knowledge across regions affect the propensity of early-stage entrepreneurs to be export-oriented. Based on Spanish … that the exporting behaviour of early-stage entrepreneurs is driven by individual and organization factors that have been …
Persistent link: https://www.econbiz.de/10011508033
received a response rate of 26% to questionnaires sent to 593 VC-backed entrepreneurs in Sweden. The study complements the …
Persistent link: https://www.econbiz.de/10012921480
Persistent link: https://www.econbiz.de/10011813500
where adverse selection problems between entrepreneurs, venture capitalists and incumbents are present. We show that as … ; entrepreneurs ; signaling ; development ; M&A …
Persistent link: https://www.econbiz.de/10003774795
We develop a theory of innovation for entry and sale into oligopoly, and show that inventions of higher quality are more likely to be sold (or licensed) to an incumbent due to strategic product market effects on the sales price. Such preemptive acquisitions by incumbents are shown to stimulate...
Persistent link: https://www.econbiz.de/10009691699
We develop a theory of commercialization mode (entry or sale) of entrepreneurial inventions into oligopoly, and show that an invention of higher quality is more likely to be sold (or licensed) to an incumbent due to strategic product market effects on the sales price. Moreover, preemptive...
Persistent link: https://www.econbiz.de/10003843246
Venture Capital (VC) has emerged as the dominant source of finance for entrepreneurial and early stage businesses, and the Indian VC industry in particular has clocked the fastest growth rate globally. Academic literature reveals that VC funded companies show superior performance to non VC...
Persistent link: https://www.econbiz.de/10013131766
If control of their firms allows entrepreneurs to derive private benefits, it also allows other controlling parties … and analyze entrepreneurs' financing strategy between the two. We find that, in all strict Nash Equilibria, entrepreneurs … who value private benefits more choose banks while the rest choose venture capital. Thus, bank-financed entrepreneurs …
Persistent link: https://www.econbiz.de/10013137627
This paper examines the where, when and why of first round entrepreneurial investment activity in the United States from the first quarter of 1995 until the second quarter of 2010. The paper analyzes these venture capital investments taking into consideration the role of macroeconomic variables,...
Persistent link: https://www.econbiz.de/10013123254