hypothesis that the venture capital industry has been supporting entrepreneurship in Brazil. Second, I identified an important … that venture capital-back entrepreneurship is highly concentrated in the Southeast region. And fourth, I identified that …

We analyze the roles of entrepreneurs, venture capitalists (VC), and the government in financing fundamental …

firm in our sample, 13.9% of VCs have been entrepreneurs before becoming a VC, referred to as entrepreneur VCs. Both OLS … experience in entrepreneurship, neither prior experience in Wall Street nor in Main Street is significantly related to venture …

to narcissistic entrepreneurs. VCs prefer to invest in companies with narcissistic entrepreneurs. Conditional on making … an investment, VCs are more likely to impose contingent contracts on narcissistic entrepreneurs that would require the …’ contingent contracts, narcissistic entrepreneurs are subject to more restrictive contingent contracts. There is weak evidence …

This paper proposes and analyses a model of start-up investment. Innovative entrepreneurs are commercially … the rest must resort to standard bank finance. We consider a number of policies to promote entrepreneurship and venture …