Based on interviews, conjoint analyses, and patent databases, the role of patents in venture capital financing is empirically investigated. For practitioners and academics alike this dissertation provides many novel insights on how the importance of patents differs between regions, industries,...

Innovativeness of a start-up is regarded as a prerequisite to acquire venture capital. However, it is neither obvious how to conceptualize nor how to measure it. Even though start-up innovativeness is of high practical relevance, no empirical research on the topic exists. This article is a first...

We investigate the role of patents and alliances as venture capital selection criteria in the screening of business proposals. Our analyses address two research gaps. First, we provide evidence on the importance of patents and alliances in raising venture capital, two resources that have...

Observable resources, particularly patents, alliances, and team experience, are known to impact a start-up's ability to attract venture capital financing. In this context they potentially fulfill a two-fold function: as productive assets and, likely, as signals of characteristics of a venture...