Häussler, Carolin; Harhoff, Dietmar; Müller, Elisabeth - Universität <München> / Fakultät für Betriebswirtschaft - 2009
This paper investigates how patent applications and grants held by new ventures improve their abilityto attract venture capital (VC) financing. We argue that investors are faced with considerable uncertaintyand therefore rely on patents as signals when trying to assess the prospects of potential...