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This paper analyses the factors that drive the dynamics of French new technology-based and venture-backed companies, using a hand-collected database with 216 companies created between 1998 and 2005. The Venture Capital (VC) firms can choose between three outcomes: the company exits from their...
Persistent link: https://www.econbiz.de/10013090154
Entrepreneurs often struggle to find sufficient funding for their start-ups. A relatively new way for companies to … researchers. This supports German entrepreneurs by presenting 20 important success elements that help to increase the capital …
Persistent link: https://www.econbiz.de/10011991256
This paper examines whether solo founders are more likely to succeed in an initial equity crowdfunding (ECF) campaign and are subsequently less likely to fail than founder teams for a large sample of initial ECF campaigns conducted on the three largest UK platforms: Crowdcube, Seedrs and...
Persistent link: https://www.econbiz.de/10013230664
Evidence shows that social network structures drive important economic outcomes. Building on social network theory, this study is the first to analyse the impact of team networks on venture success. Using information about team affiliations for a sample of token-financed startups, we model...
Persistent link: https://www.econbiz.de/10014348850
their returns critically in order to identify unproductive entrepreneurs, but to be tolerant regarding existing links to … entrepreneurs in order not to terminate profitable relations because of minor productivity drops. However, it is optimal for an …
Persistent link: https://www.econbiz.de/10010206205
inducing entrepreneurs to choose less risky projects, whereas R&D support encourages entrepreneurship without affecting the …Entrepreneurs face higher commercialization costs than incumbents. We show that this implies that entrepreneurs will …, entrepreneurs may select too safe projects from a social point of view, since they do not internalize the business stealing effect …
Persistent link: https://www.econbiz.de/10009625140
capital backed investments. Giving up an alternative career, entrepreneurs focus their effort on a single, high risk venture … investment, and output subsidies at the production stage. While these measures stimulate entrepreneurship, only cost …
Persistent link: https://www.econbiz.de/10011398877
Using a new European Union-sponsored firm-level longitudinal dataset, we assess the impact of government-managed (GVC) and independent venture capital (IVC) funds on the sales and employee growth of European high-tech entrepreneurial firms. Our results show that the main statistically robust and...
Persistent link: https://www.econbiz.de/10013066054
This paper empirically examines business starts, deaths, venture capital and patents in relation to U.S. public policy. The most consistent evidence in the data shows that lower levels of labor frictions and higher levels of SBIR awards are associated with more business starts and higher levels...
Persistent link: https://www.econbiz.de/10013070904
This paper empirically examines business starts, deaths, venture capital and patents in relation to U.S. public policy. The most consistent evidence in the data shows that lower levels of labor frictions and higher levels of SBIR awards are associated with more business starts and higher levels...
Persistent link: https://www.econbiz.de/10013076671