Coleman, Susan; Robb, Alicia M. - In: Review of Economics & Finance 1 (2011) August, pp. 01-18
In this paper, we examine the financing strategies of startup firms included in the Kauffman Firm Survey with a focus on the financing strategies of new technology-based firms. Our findings support the Pecking Order and Life Cycle theories, at least in the case of new technology-based firms. Our...