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mind is an oversimplified picture of the characteristics of successful entrepreneurs, i.e, stereotypes about successful … entrepreneurs. Using French administrative data on 48,767 new firms, we show that some characteristics are stereotypical of success … biased assessments, we report the discrepancies between the implied fraction of successful entrepreneurs under Bayesian vs …
Persistent link: https://www.econbiz.de/10014351466
entrepreneurs' interactions with different categories of private equity investors, namely business angels (BAs) and formal venture … that growth paths depend strongly on the entrepreneurs being more or less able to simultaneously leverage BAs' and VCs …' financial as well as cognitive resources. The entrepreneurs ‘capability to do so, is shown to be dependent on their specific …
Persistent link: https://www.econbiz.de/10012923432
VC market. We theorize and empirically document that entrepreneurs' human capital background and venture …
Persistent link: https://www.econbiz.de/10012936370
We study how entrepreneurs evaluate the ability of different U.S. venture capitalists (VCs) to add value to start …-up companies. Analyzing a large dataset on entrepreneurs' stated preferences on VCs, we show that entrepreneurs view independent … entrepreneurs are able to correctly identify the VCs with better track record, they do not believe that such VCs have a higher …
Persistent link: https://www.econbiz.de/10013157045
Research shows that most ventures fail, yet it has devoted limited attention to the consequences of entrepreneurs' past …. Therefore, failure conveys ambiguous information about skill. We predict that investors will discount entrepreneurs that … of failure into luck and skill. Our results indicate that investors discount entrepreneurs who have experienced failure …
Persistent link: https://www.econbiz.de/10011732046
. Therefore, failure conveys ambiguous information about skill. We predict that investors will discount entrepreneurs that … of failure into luck and skill. Our results indicate that investors discount entrepreneurs who have experienced failure …
Persistent link: https://www.econbiz.de/10011720322
We examine the dynamics of the positive sorting in the venture capital industry. Our findings indicate that switching lead VCs is not uncommon during the course of entrepreneurial firms' development. Companies with upwardly revised perceived quality are more likely to switch to more reputable...
Persistent link: https://www.econbiz.de/10013117664
We examine the dynamics of the positive sorting in the venture capital industry. We empirically show that there is considerable re-balancing of the VC-company matches. We further find that higher-quality companies associated with less reputable VCs are more likely to switch to more reputable...
Persistent link: https://www.econbiz.de/10013152417
Women entrepreneurs are known not only to reimburse loans swifter than men, but also to receive smaller loans. However …
Persistent link: https://www.econbiz.de/10013132370
captured by the big five personality traits and entrepreneurial orientation, impacts entrepreneurs' seeking of start …
Persistent link: https://www.econbiz.de/10014305739