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entrepreneurship. We distinguish between two distinct entrepreneurship entry modes: business takeover and new venture start-up. Using a … large and rich French data set, we find that small firm experience increases the likelihood for business takeover, whereas …
Persistent link: https://www.econbiz.de/10011476546
Focusing on entrepreneurship entry modes, we investigate two research questions regarding firm survival: how does the survival probability differ between business takeovers and new venture start-ups? And how do the determinants of survival differ between the two entry modes? Using a large French...
Persistent link: https://www.econbiz.de/10012942096
entrepreneurship. Little is known about the entry modes (new venture start-up vs. business takeover) of hybrid entrepreneurs. Our study … female, having worker experience, and having received social benefits are linked to business takeover. With these results … takeover, which is of high interest, given the growing number of businesses seeking outside successors …
Persistent link: https://www.econbiz.de/10012943712
The working paper examines the role and development of the Central and Eastern European venture capital sector in the five years between 2016 and 2020. This period includes both the end of the recovery after the economic crisis in 2008 and the downturn due to the coronavirus crisis in 2019. A...
Persistent link: https://www.econbiz.de/10014454594
managerial experience, new venture start-up capital requirements and risk promote the takeover mode. Entrepreneurs whose parents …
Persistent link: https://www.econbiz.de/10011349713
The Korean government has made fostering a “creative economy” a top priority. The goal is to shift Korea's economic paradigm to one based on innovation in which new start-ups and venture businesses play a key role. However, the venture capital market is still at an early stage of...
Persistent link: https://www.econbiz.de/10010464940
A creative economy requires innovation-friendly conditions. Korea’s innovation system should be improved by upgrading universities and expanding their role in business R&D, while increasing international collaboration in R&D from its current low level. The returns from Korea’s large...
Persistent link: https://www.econbiz.de/10010464970
This paper explores how prominent VCs affect CEO replacement in startups. Defining prominence using eigenvector centrality, we employ matching methods and instrumental variables to show that startup CEO replacement occurs more often, and faster, when prominent VCs participate. We further explore...
Persistent link: https://www.econbiz.de/10012936426
This paper explores how prominent VCs affect CEO replacement in startups. Defining prominence using eigenvector centrality, we employ matching methods and instrumental variables to show that startup CEO replacement occurs more often, and faster, when prominent VCs participate. We further explore...
Persistent link: https://www.econbiz.de/10012855694
This paper uses administrative data from projects for which an application was made to CORFO’s (Chile’s main development agency) Seed Capital Program (SCP) during the 2008-12 period. This paper analyzes the likely impact of the program-which is a subsidy provided to new, innovative firms on...
Persistent link: https://www.econbiz.de/10011982591