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evidence for start-up firms on the role of patents as signals to investors, in particular to Venture Capitalists. This study …&D for a panel of established firms. The results show that patents do indeed attenuate financing constraints for small firms … to financing constraints, but also do not seem to benefit from a patent quality signal. …
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evidence for start-up firms on the role of patents as signals to investors, in particular to Venture Capitalists. This study …&D for a panel of established firms. The results show that patents do indeed attenuate financing constraints for small firms … to financing constraints, but also do not seem to benefit from a patent quality signal. …
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