Showing 1 - 10 of 4,245
On crowdinvesting-platforms, non-publicly traded companies can offer equity to private investors. Currently, platforms like Crowdcube.com in Great Britain or Seedmatch.de in Germany are using a mechanism for the allocation of available shares best described by the phrase first come, first...
Persistent link: https://www.econbiz.de/10010319292
On crowdinvesting-platforms, non-publicly traded companies can offer equity to private investors. Currently, platforms like Crowdcube.com in Great Britain or Seedmatch.de in Germany are using a mechanism for the allocation of available shares best described by the phrase "first come, first...
Persistent link: https://www.econbiz.de/10009564244
The aim of this study is to explore the previously unresearched outcomes of firms funded through equity crowdfunding, a novel type of entrepreneurial finance. We study the outcomes of a sample of 337 firms funded on equity crowdfunding platforms in Europe between 2009 and 2014. By incorporating...
Persistent link: https://www.econbiz.de/10013030990
and bank loans in the early financing of new firms and the relationship between financing choice and subsequent innovation … mix I use a two-stage analysis to probe the relationship between financing and innovation. In a novel strategy, I exploit … the role of entrepreneurial optimism to discern the relationship between debt financing and innovation outcomes …
Persistent link: https://www.econbiz.de/10013070165
The paper deals with the issues of investment of hybrid and public venture capital funds. The results show that hybrid and public venture capital funds in Latvia in most cases are the first investors. Only a smaller part of these investments are investments of the early stages of funding. The...
Persistent link: https://www.econbiz.de/10012956826
In this paper I analyze the correlation between the licensing activity by start-ups and established firms (mainly in the biotech sector) and the inventions’ stages of development. Using data from the San Diego region on licensing new technologies and a new variable to characterize the...
Persistent link: https://www.econbiz.de/10014197097
This study investigates the impact of foreign bank penetration in Central and Eastern Europe on firm entry. We demonstrate that the acquisition of domestic banks by foreign investors has led to reduced firm creation, smaller average size of entrants and increased firm exit in opaque industries...
Persistent link: https://www.econbiz.de/10011389349
The paper proposes a simple equilibrium model of venture capital, entrepreneurship and innovation. Venture capitalists … productive and active VC industry boosts innovation driven growth. …
Persistent link: https://www.econbiz.de/10011409024
This paper investigates short-term effects of big tech start-up acquisitions on innovation empirically. Innovation … research has found a strong positive, causal relationship between VC investment and innovation. Using this insight, we can … explore the repercussions of big tech start-up acquisitions on innovation by examining their effects on venture capital (VC …
Persistent link: https://www.econbiz.de/10012805979
We develop a model of endogenous lobby formation in which wealth inequalityand political accountability undermine entry and financial development. In-cumbents seek a low level of effective investor protection to prevent potentialentrants from raising capital. They succeed because they can...
Persistent link: https://www.econbiz.de/10011338011