- Name
- Firm-level implications of early stage venture capital investment — An empirical investigation
- Cite
- 14 Journal of Empirical Finance 150
- Year
- 2007
- Bluebook cite
- Dirk Engel & Max Keilbach, Firm-level implications of early stage venture capital investment — An empirical investigation, 14 Journal of Empirical Finance 150 (Mar. 2007)
- Author
- Dirk Engel & Max Keilbach
- URL
- http://dx.doi.org.www.libproxy.wvu.edu/10.1016/j.jempfin.2006.03.004
- Item Type
- article
- Summary
- Empirical study of the innovative output and the growth (i.e. commercialization) of German startups (done using a sample of 21,541 German firms of which 0.66% are venture-funded) in light of their access to VC funds. The study finds that startups have a higher amount of patent activity PRIOR to the involvement of a venture capitalist. However, after the VC is involved "there is only very weak evidence that the patenting behavior of venture-funded firms differs from the behavior of non-venture-funded ones"
Excerpts and Summaries
- Created
- Friday 05 of June, 2009 17:49:58 GMT
by Unknown
- LastModif
- Saturday 06 of June, 2009 14:42:44 GMT
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The original document is available at
https://casesofinterest.com/tiki/item1126