1 option
Show Me the Right Stuff: Signals for High Tech Startups / Annamaria Conti, Marie C. Thursby, Frank Rothaermel.
- Format:
- Book
- Author/Creator:
- Conti, Annamaria.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w17050.
- NBER working paper series no. w17050
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Other Title:
- Show Me the Right Stuff
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2011.
- Summary:
- We present a theoretical model of startup signaling with multiple signals and potential differences in external investor preferences. For a novel sample of technology incubator startups, we empirically examine the use of patents and founder, friends, and family (FFF) money as such signals, finding that they are jointly endogenous to venture capital and business angel investment in the startups. For this sample, venture capitalists appear to value patents more highly than FFF money, while the reverse is true for business angels. Moreover, the impact of patents on venture capitalists is larger than the impact of FFF money on business angels.
- Notes:
- Print version record
- May 2011.
The Penn Libraries is committed to describing library materials using current, accurate, and responsible language. If you discover outdated or inaccurate language, please fill out this feedback form to report it and suggest alternative language.