This study explores the financing choices of 1,214 nascent entrepreneurs in the PSED II dataset. Funding sources are divided into two broad categories: personal and external. We develop a set of hypotheses about the kinds of firm and nascent entrepreneur characteristics that would likely...

This chapter explores whether certain kinds of financing that are both expected and acquired by entrepreneurs during the venture startup process might have an influence on the likelihood that these efforts will lead to ongoing ventures. We look at whether entrepreneurs expect and utilize their...