Showing 1 - 10 of 1,398
We examine the role of spatial proximity for Venture Capital (VC) investments in Germany. The main database is a survey of 85 personal interviews with representatives of different types of financial institutions. The analysis shows that spatial proximity is far less important for VC investments...
Persistent link: https://www.econbiz.de/10003314912
External finance is central for nascent entrepreneurs, people in the process of starting new ventures. We argue that nascent entrepreneurs use patents and prototypes in order to signal their ability to appropriate the returns from their innovation as well as the projectś feasibility. Our...
Persistent link: https://www.econbiz.de/10003809914
Public concern over global climate change, resource depletion, and environmental degradation has amplified over the …
Persistent link: https://www.econbiz.de/10013153451
potential for financial venture capital or public policy to meaningfully reintroduce vigor in CET innovation have been …, public policy, or the broader investment system. In this paper we revisit this area of inquiry, focusing on the role of … from venture capital firms, relevant public agencies, corporate venture capital entities, as well as for-profit and not …
Persistent link: https://www.econbiz.de/10013013465
A collection of specialized pre- and post-investment practices help venture capital firms mitigate the tremendous information and agency problems associated with investment in early-stage startups. However, existing research sheds little light on if, and how, these practices change when...
Persistent link: https://www.econbiz.de/10013018250
This paper advances a new technique for identifying, delineating, and analyzing microgeographies. It applies this technique to locate and measure agglomerations of high-growth, high-tech (HGHT) startup activity within 205 U.S. cities. Using data from 1995 to 2018 on venture-backed companies, I...
Persistent link: https://www.econbiz.de/10014101747
We analyze determinants of access to venture capital for Black founders of high-growth startups. We combine image- and name-processing algorithms with clerical review to identify race for over 100,000 startup founders "at risk" for venture funding. Black founders raise roughly one-third as much...
Persistent link: https://www.econbiz.de/10013462730
External finance is central for nascent entrepreneurs, people in the process of starting new ventures. We argue that nascent entrepreneurs use patents and prototypes in order to signal their ability to appropriate the returns from their innovation as well as the project’s feasibility. Our...
Persistent link: https://www.econbiz.de/10003836942
This paper offers a quantitative description of European private equity markets and compares the recent development in these markets with the development of the US venture capital market. Moreover, the paper addresses the differences between private equity investors acting in a single national...
Persistent link: https://www.econbiz.de/10011476014
Immigrants account for about a quarter of US invention and entrepreneurship despite a policy environment that is not well suited for these purposes. This chapter reviews the U.S. immigration policy environment that governs how skilled migrants move to America for employment-based purposes. We...
Persistent link: https://www.econbiz.de/10012241073