Cotei, Carmen; Farhat, Joseph - In: Journal of entrepreneurial finance : JEF ; official … 19 (2017) 1, pp. 1-32
In this article we examine how startup businesses finance their operations over time. We employ the Latent growth modeling technique to test the financial growth cycle theory developed by Berger and Udell (1998). The data used in this study is the Kauffman Firm Survey, the largest longitudinal...
