This paper empirically examines business starts, deaths, venture capital and patents in relation to U.S. public policy … associated with more business starts and higher levels of venture capital per population. Counter to expectations, the data …

This paper empirically examines business starts, deaths, venture capital and patents in relation to U.S. public policy … associated with more business starts and higher levels of venture capital per population. Counter to expectations, the data …

legal requirements, the equity crowdfunding investors expect good communication even if the promises are not fulfilled. …The main objective of this paper is to analyze one of the alternative sources of financing - equity crowdfunding - from … challenges of raising funds using equity crowdfunding are discussed, comparing the findings with the issuing of shares. The …

effect on entrepreneurial activity. Tax credits induce entry by inexperienced, local investors and are often used by insiders …. A survey of 1,411 angel investors suggests that a “home run” investing approach alongside coordination and information … frictions explain low take-up among experienced investors. The results contrast with evidence that direct subsidies to firms …

Employing a large dataset of venture capital investments in US Internet firms, we analyze the effect of the current … financial crisis on the venture capital market. Using regression analysis, we find that the financial crisis is associated with … markets have stabilized. Fur-thermore, firms in later phases of the venture cycle are more likely to be negatively affected by …

The relationship between venture capital and growth is examined using an endogenous growth model incorporating dynamic … contracts between entrepreneurs and venture capitalists. At each stage of financing, venture capitalists evaluate the viability … of startups. If viable, venture capitalists provide funding for the next stage. The success of a project depends on the …

access to venture capital. We retrieve information on young U.S. firms' financing activity from a novel dataset based on … between informal stakeholders and professional investors …

access to funding from VCs, banks, and public investors …