Venture Capital Financing of Entrepreneurship: Theory, Empirical Evidence and a Research Agenda

Published on Oct 23, 2017
· DOI :10.1002/9781405164214.ch13
Raphael Amit38
Estimated H-index: 38
(UBC: University of British Columbia),
James A. Brander38
Estimated H-index: 38
(UBC: University of British Columbia),
Christoph Zott15
Estimated H-index: 15
A bathing enclosure comprises a base section and two wall sections. The wall sections are mounted on the base section and are joined by a complimentary tongue and groove. The tongue and groove form a vertical seam which is water-tight, eliminating the need for sealing material. The two-piece wall design provides ease in installation and allows access to areas behind the wall sections it desired or necessary.
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  • Citations (20)
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EXECUTIVE SUMMARY This paper investigates the role of venture capitalists. We view their "raison d'etre" as their ability to reduce the cost of informational asymmetries. Our theoretical framework focuses on two major forms of asymmetric informa- tion: "hidden information" (leading to adverse selection) and "hidden ac- tion" (leading to moral hazard). Our theoretical analysis suggests four em- pirical predictions. 1. Venture capitalists operate in environments where their relative efficiency in ...
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Entrepreneurs often turn to outsiders for financial assistance. Venture capitalists represent an outside source of finance that generally takes an active interest in managing the firm. Two common practices within the venture capital industry are co-investing and staged financing. Responding to the call for more process research which examines the deal structuring and post-investment stages of venture capital involvement, this research utilized a case study approach to explore salient features an...
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#1Tahereh Sadeghloo (FUM: Ferdowsi University of Mashhad)
#2Hamdollah Sojasi Qeidari (FUM: Ferdowsi University of Mashhad)
Last. Amin Faal jalali (FUM: Ferdowsi University of Mashhad)
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Purpose The aim of the current study is to investigate the public and private financing obstacles to medium and small-scale entrepreneurs in rural areas in Iran. Design/methodology/approach Descriptive-analytic research method is used for collecting field data among 5770 owners of entrepreneurial businesses located in rural areas of Mashhad in 2015. Findings The results showed that there are numerous public and private obstacles in rural entrepreneurship financing in Iran, which are the main fac...