Bates, Timothy; Bradford, William D. - In: Journal of Entrepreneurial Finance 2 (1992) 1, pp. 23-38
capital and firm traits, the venture capital market also differentially restricts minority entrepreneurs from obtaining … venture capital. Thus public policy seeking to reduce the resulting financing gap for minority entrepreneurs may have economic … justification. Except for the ethnic trait, the venture capital market’s use of owner and firm information is consistent with …