Showing 1 - 10 of 16,128
financing affects firm innovation and growth. The results highlight the essential role of VC financing for U.S. innovation and …
Persistent link: https://www.econbiz.de/10013293235
, and innovation” and to provide an introduction to the associated special issue. We specifically discuss how various crowd …-related phenomena and practices — for example, crowdsourcing, crowdfunding, user innovation, and peer production — relate to theories of …, and innovation: (1) the functions of sociality (sociality as extension of rationality, sociality as sensing and signaling …
Persistent link: https://www.econbiz.de/10012945789
This paper integrates entrepreneurial reputation into a multi-period model which explores the financing and execution of heterogeneous projects under asymmetric information. We study a model where reputation can be acquired following a history of successful execution but may also be inferred...
Persistent link: https://www.econbiz.de/10012968406
of enhanced entrepreneurial innovation. To this end, a literature review was carried out in order to develop a research … framework with factors related to imitation predicting entrepreneurial innovation. Moreover, managerial skills and … entrepreneurial skills were incorporated as predictors of entrepreneurial innovation. In this respect, a structured questionnaire was …
Persistent link: https://www.econbiz.de/10012296498
We study a model of network formation and start-up financing with endogenous entrepreneurial type distribution. A hub firm admits members to its network based on signals about entrepreneurs' types. Network membership is observable, which allows lenders to offer different interest rates to...
Persistent link: https://www.econbiz.de/10003974212
We examine whether and how investors' reliance on financial information is affected by the rate of sales growth of a start-up venture. We find that investors discern between firms by the extent to which their products are adopted by the market. For firms that failed to increase their sales since...
Persistent link: https://www.econbiz.de/10009156663
We study entrepreneurs' start-up financing from banks and local financiers. An informal network, whose membership cannot be observed by outsiders, conveys the good signals it gets about the hidden types of network entrepreneurs to local financiers, which are then reflected in different loan...
Persistent link: https://www.econbiz.de/10009530313
If control of their firms allows entrepreneurs to derive private benefits, it also allows other controlling parties. Private benefits are especially relevant for venture capitalists, who typically get considerable control in their portfolio firms, but not for banks, which are passive loan...
Persistent link: https://www.econbiz.de/10013137627
Using a nested multiple-case study of participating ventures, directors, and mentors of eight of the original U.S. accelerators we explore how accelerators' program designs influence new ventures' ability to access, interpret, and process the external information needed to survive and grow....
Persistent link: https://www.econbiz.de/10012911235
This paper investigates the influence of social capital on young firms' financing arrangements. Using a sample of U.S. start-ups, I find that social capital, as captured by secular norms and social networks in the entrepreneur's county, increases access to outside financing and reduces reliance...
Persistent link: https://www.econbiz.de/10012827472