REAL OPTION ANALYSIS OF VENTURE CAPITAL INVESTMENTS
نویسندگان
چکیده
منابع مشابه
The Evaluation of Venture Capital As an Instalment Option: Valuing Real Options Using Real Options
Many start-up companies rely upon venture capitalists to begin operations. Typically, after the initial injection of funds, additional funding is provided as the firm reaches certain performance targets. The payment of the first funding round is comparable to an initial option premium. Further payments are contingent claims: the right but not the obligation to continue financially supporting th...
متن کاملSyndication Networks and the Spatial Distribution of Venture Capital Investments
Sociological investigations of economic exchange pay particular attention to the manner in which institutions and social structures shape transactions among economic actors. Extending this line of inquiry, we explore how interfirm networks in the US venture capital (VC) market from 1986 to 1998 affect the spatial patterns of exchange. We present evidence suggesting that geographic and industry ...
متن کاملStudy on the Transnational Venture Capital Investments: A Theoretical Framework
Starting from reviewing the transnational venture capital investment phenomena, this article points out the necessity to study the transnational venture capital investment, and establish a theoretical framework about the research of the transnational venture capital investment. The framework is composed by the entry system that both investors and attractors find the values of the venture capita...
متن کاملOptimizing venture capital investments in a jump diffusion model
We study a practical optimization problems for venture capital investments and/or Research and Development (R&D) investments. The first problem is that, given the amount of the initial investment and the reward function at the initial public offering (IPO) market, the venture capitalist wants to maximize overall discounted cash flows after subtracting subsequent (if needed) investments. We desc...
متن کاملDriving Forces of Venture Capital Investments in Europe: a Dynamic Panel Data Analysis
Using dynamic panel estimations, this paper identifies driving forces of venture capital activity for Western European countries. Driving forces might be the liquidity of stock markets, human capital endowment, and labour market rigidities. I find that these factors do not affect expansion stage investments used as a broader definition of venture capital, while they positively affect early stag...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Balkans Journal of Emerging Trends in Social Sciences
سال: 2020
ISSN: 2620-164X
DOI: 10.31410/balkans.jetss.2020.3.1.64-77