Audretsch, David B.; Mahagaonkar, Prashanth; Bönte, Werner - Universitätsbibliothek Wuppertal, University Library - 2009
increase the likelihood of obtaining equity finance. Thus, if signals are credible, innovation positively impacts external … that the relation between finance and innovation depends on the stage of a start-up lifecycle. …External finance is central for nascent entrepreneurs, people in the process of starting new ventures. We argue that …