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This paper investigates how patent applications and grants held by new ventures improve their ability to attract venture capital (VC) financing. We argue that investors are faced with considerable uncertainty and therefore rely on patents as signals when trying to assess the prospects of...
Persistent link: https://www.econbiz.de/10003806179
Germany or the United Kingdom. We empirically analyze different factors affecting follow-up funding and firm failure. The …
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Germany or the United Kingdom. The evidence shows that German firms that receive ECF stand a higher chance of obtaining follow …, we find that some of these factors have a differential impact for Germany and the United Kingdom. …
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