Showing 1 - 10 of 36,985
In this paper we evaluate whether government intervention through the public funding of business angel networks is warranted. Based on a regional study of four BANs, we find that these subsidies reach their goals in terms of contribution to economic development and reducing financing and...
Persistent link: https://www.econbiz.de/10005464793
In this paper we evaluate whether government intervention through the public funding of business angel networks is warranted. Based on a regional study of four BANs, we find that these subsidies reach their goals in terms of contribution to economic development and reducing financing and...
Persistent link: https://www.econbiz.de/10004982919
This paper investigates how angel investors’ human capital affects the valuation of their portfolio companies at initial investment, based on the pre-money valuation of 59 investments in young Belgian companies. We show that entrepreneurs are able to negotiate higher valuations with angel...
Persistent link: https://www.econbiz.de/10008620596
This paper investigates how angel investors’ human capital affects the valuation of their portfolio companies at initial investment, based on the pre-money valuation of 59 investments in young Belgian companies. We show that entrepreneurs are able to negotiate higher valuations with angel...
Persistent link: https://www.econbiz.de/10008487268
Persistent link: https://www.econbiz.de/10003448832
Persistent link: https://www.econbiz.de/10000726180
This paper relates economic development to transaction costs. It reveals the triad transaction costs-market failure-economic underdevelopment. Many scholars attribute the problems of development to the failure of markets to perform their role of resource allocation. Some deny market failure and...
Persistent link: https://www.econbiz.de/10011648300
opportunities for changing performance, reducing inequalities, learning from other African policy experiences, and escaping the ties … pay close attention to the results of policy in more industrialized parts of the world. Seeing the contradictions of … capitalism for what they are—fundamental and enduring—may help policy officials protect themselves against the misleading idea …
Persistent link: https://www.econbiz.de/10013488663
Development policy has been energized in the last decades by a number of contributions emphasizing a new positive role …
Persistent link: https://www.econbiz.de/10005836154
This paper relates economic development to transaction costs. It reveals the triad transaction costs-market failure-economic underdevelopment. Many scholars attribute the problems of development to the failure of markets to perform their role of resource allocation. Some deny market failure and...
Persistent link: https://www.econbiz.de/10011633956