where adverse selection problems between entrepreneurs, venture capitalists and incumbents are present. We show that as …

where adverse selection problems between entrepreneurs, venture capitalists and incumbents are present. We show that as …

Entrepreneurs face higher commercialization costs than incumbents. We show that this implies that entrepreneurs will …, entrepreneurs may select too safe projects from a social point of view, since they do not internalize the business stealing effect … inducing entrepreneurs to choose less risky projects, whereas R&D support encourages entrepreneurship without affecting the …

This paper examines the use of social capital in the venture creation process. We compare solo entrepreneurs (n=182 … its effects on firm performance. Our results reveal that solo entrepreneurs and new venture teams do not differ in their … find that weak ties assist solo entrepreneurs and have positive significant effects on new venture performance. For team …

When and how do entrepreneurs sell their inventions? To address this issue, we develop an endogenous entry …

External finance is central for nascent entrepreneurs, people in the process of starting new ventures. We argue that … nascent entrepreneurs use patents and prototypes in order to signal their ability to appropriate the returns from their … innovation as well as the project´s feasibility. Our analysis of 900 nascent entrepreneurs finds that patents and prototypes …

orientated towards the demand side. This is because experienced entrepreneurs with superior skills in terms of judging the …