Entrepreneurial Functionality Of New Venture Creation Learners

Entrepreneurial Team Dynamics and New Venture Creation Process in Digital Entrepreneurial Teams: An Exploratory Study Within a Startup Incubator

New venture creation plays a significant role in the today’s economy because it accounts for a considerable portion of new product innovations. Despite many success stories, many new ventures fail before they have fulfilled their greatest potential. Overriding the myth of the “lonely hero entrepreneur” and shifting attention to the “entrepreneurial team”, this research attempts to explore sever...

Financing the Entrepreneurial Venture

This paper is about …nancial contracting choices for the entrepreneur. In an incomplete contracts model, the entrepreneur can design contracts contingent on three possible control right allocations: entrepreneur-control, investor-control, and joint control, with each allocation inducing di¤erent e¤ort levels by both the entrepreneur and the investor. Four types of contract emerge as potentially...

The New Venture Creation Process: How Nascent Entrepreneurs Behave When Forming a New Venture

Entrepreneurial finance: Banks versus venture capital

We analyze how entrepreneurial firms choose between two funding institution: banks, which monitor less intensively and face liquidity demands from their own investors, and venture capitalists, who can monitor more intensively but face a higher cost of capital because of the liquidity constraints that they impose on their own investors. Because the firm’s manager prefers continuing the firm over...

Disclosure, Venture Capital and Entrepreneurial Spawning

Venture capital funds have been facing increasing regulatory scrutiny since the 2007 financial crisis, particularly in respect of calls for increased disclosure requirements. In this paper, we examine whether more stringent securities regulation helps or hinders the supply and performance of venture capital as well as new business creation (i.e., entrepreneurial spawning). Based on data from 34...