Auken, Howard E. Van; Neeley, Lynn - In: Journal of Entrepreneurial and Small Business Finance 5 (1996) 3, pp. 235-249
This study examines the use of bootstrap financing for a sample of 78 firms in a Midwestern state. The results show that traditional sources of capital accounted for 65% of the firms' start-up capital and 35% of the start-up capital was obtained from bootstrap sources. A Chi-squared analysis...