In a much-cited 1985 study of the U.S. hard disk drive industry entitled "Capital Market Myopia," William Sahlman and Howard Stevenson concluded that "excesses in the capital markets turned an opportunity into a disaster" for investors in the emerging industry. Sahlman and Stevenson fretted...

Judicious use of the limited fresh water resources is the need of the hour. If sufficient measures are not taken up immediately, we will face a crisis which will be detrimental to the very survival of mankind. The Kandi region of Jammu district in Jammu Himalaya is facing a similar problem of...

The ability of the market to price high growth stocks is examined by analyzing the returns to simple investment portfolio strategies based on public information. The portfolios consist of shares in the firms listed in the Inc. 100 Ranking of the fastest growing public companies in America. The...

<title/> One hundred and sixty two venture-capital-backed internet and software companies were examined that floated IPOs in 1998 and 1999 to see how the quality of the venture capital firm and the quality of the underwriter affected market capitalization. It was found that companies backed by top...

This book presents up-to-date evidence on the issues facing financiers and intermediaries involved in venture capital and management buy-outs. It provides a comprehensive review of existing literature and an analysis of international trends in market development as well as a global comparison of...

There has developed within the past decade an increased interest among academicians and policy makers in the small companies and entrepreneurs of the world. Domestically, small business is viewed by the “true believers” as the engine that drives the machinery, citing innovation and job...