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We analyze the simultaneous diffusion of multiple process technologies that are related. A new econometric model is used to examine the presence of complementarities, testing for strong one-step-ahead non-causality and strong simultaneous independence. Results indicate significant...
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We apply insights from research in social psychology and labor economics to the domain of entrepreneurial finance and investigate how founder chief executive officers’ (founder CEOs’) facial attractiveness influences firm valuation. Leveraging the novel context of initial coin offerings...
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Digitization dramatically changes entrepreneurs’ business models and their implications for the type and timing of finance that support them. It creates new financial channels (including crowd-investors and initial coin offerings) that complement, and in part substitute, traditional...
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