We consider a start-up firm which applies for a bank loan to implement a project based on complementary activities. The firm has the possibility to improve the complementarity effect by coordinating the activities. Coordination is costly and can be made either by using internal human resources...

It is still an open question what kind of smart capital relational investors actually supply. We divide smart capital into several components and conduct a survey among 85 German suppliers of start-up finance. The results show that the degree of "smartness" is determined by the financial product...

This paper proposes an intertemporal model of venture capital investment with screening and advising where the venture capitalist's time endowment is the scarce input factor. Screening improves the selection of firms receiving finance, advising allows firms to develop a marketable product, both...

Ausgehend von dem bekannten "Gender-Gap" bei Gründungsaktivitäten wurde untersucht, wie konkrete Förderpraktiken von den betreuten Gründer/innen wahrgenommen werden und wie die Gründungsaktivitäten mit der Ausprägung regionaler Förderstrukturen zusammenhängen. In einem Verbundprojekt...