Coleman, Susan; Robb, Alicia M. - In: Review of Economics & Finance 1 (2011) August, pp. 01-18
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 results reveal that technology-based firms used a higher ratio of … spite of this, however, our findings reveal that technology-based firms raised larger amounts of capital than all firms …