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Nascent Entrepreneurs, Innovation and Financing Constraints

Audretsch, David B.; Bönte, Werner; Mahagaonkar, Prashanth - DRUID, Copenhagen Business School, Department of … - 2007

Innovative nascent entrepreneurs face the problem of obtaining finance, mainly due to information problems. We use new data on capital seeking start-ups allowing distinction between planning stage and early stage. Being innovative does not affect the probability of having external finance in the...

Persistent link: https://www.econbiz.de/10005839210

Innovation in Private Infrastructure Development Effects of the Selection Environment and Modularity

Gil, Nuno; Miozzo, Marcela - DRUID, Copenhagen Business School, Department of … - 2007

This study investigates how the selection environment and modularity affect innovation in private infrastructure … innovations. An innovation succeeds contingent upon the capability of the stakeholder groups to develop collectively a plan to … finance and implement the innovation, which reconciles subjective individual assessments. Innovations can be particularly hard …

Persistent link: https://www.econbiz.de/10005273131