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In this paper we aim to empirically test the monitoring effect of Venture Capital financing on portfolio companies. Following Bernstein et al. (2015), we exploit the introduction of a new airline route between investor and investee locations as an exogenous shock lowering the cost of monitoring...
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inside Silicon Valley's dominant venture capital firms-and how their strategies and fates have shaped the path of innovation …
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We review the recent literature on the financing of innovation, inclusive of large companies and new startups. This … related to innovation. We highlight the new literature on learning and experimentation across multi-stage innovation projects … innovation and changing external conditions, especially reduced experimentation costs …
Persistent link: https://www.econbiz.de/10013002671
We review the recent literature on the financing of innovation, inclusive of large companies and new start-ups. This … related to innovation. We highlight the new literature on learning and experimentation across multistage innovation projects … innovation and changing external conditions, especially reduced experimentation costs …
Persistent link: https://www.econbiz.de/10013002703
We review the recent literature on the financing of innovation, inclusive of large companies and new startups. This … related to innovation. We highlight the new literature on learning and experimentation across multi-stage innovation projects … innovation and changing external conditions, especially reduced experimentation costs …
Persistent link: https://www.econbiz.de/10013031824
Persistent link: https://www.econbiz.de/10011771313
markets play a critical role in fostering economic productivity by financing innovation. But only a few SME exchanges function …
Persistent link: https://www.econbiz.de/10012556263