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Innovative nascent entrepreneurs face the problem of obtaining finance, mainly due to information problems. We use new … affect the probability of having external finance in the planning stage but has a positive effect in the early stage. Early …, coupled with prototypes have a higher probability for external finance which may be due to reduced uncertainties and learning …
Persistent link: https://www.econbiz.de/10005839210
External finance is a central issue for innovative nascent ventures. In this study, we argue that innovative nascent … innovations are more likely to obtain equity finance. However, nascent ventures that can solely signal appropriability by … patenting are not more likely to obtain equity finance. This result may indicate that venture capitalists and business angels …
Persistent link: https://www.econbiz.de/10011046471
External finance is central for nascent entrepreneurs, people in the process of starting new ventures. We argue that … increase the likelihood of obtaining equity finance. Thus, if signals are credible, innovation positively impacts external … that the relation between finance and innovation depends on the stage of a start-up lifecycle. …
Persistent link: https://www.econbiz.de/10010266651
External finance is central for nascent entrepreneurs, people in the process of starting new ventures. We argue that … increase the likelihood of obtaining equity finance. Thus, if signals are credible, innovation positively impacts external … that the relation between finance and innovation depends on the stage of a start-up lifecycle. …
Persistent link: https://www.econbiz.de/10010291111
External finance is central for nascent entrepreneurs, people in the process of starting new ventures. We argue that … increase the likelihood of obtaining equity finance. Thus, if signals are credible, innovation positively impacts external … that the relation between finance and innovation depends on the stage of a start-up lifecycle. …
Persistent link: https://www.econbiz.de/10004964265
External finance is central for nascent entrepreneurs, people in the process of starting new ventures. We argue that … increase the likelihood of obtaining equity finance. Thus, if signals are credible, innovation positively impacts external … that the relation between finance and innovation depends on the stage of a start-up lifecycle. …
Persistent link: https://www.econbiz.de/10005090597
external finance, especially equity. However, the most important determinant of debt is house ownership. This indicates that … to obtain start-up finance. New ventures should therefore strategically use their innovativeness in order to obtain … external finance. …
Persistent link: https://www.econbiz.de/10005656288
Persistent link: https://www.econbiz.de/10009692099