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Financing High-Tech Startups

Using Productive Signaling to Efficiently Overcome the Liability of Complexity

Language EnglishEnglish
E-book Adobe ePub DRM
E-book Financing High-Tech Startups Robin P. G. Tech
Libristo code: 41042730
Publishers Springer, March 2018
This book examines the adverse effects of complexity, information asymmetries, transaction costs, an... Full description
? points 289 b
119.23
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This book examines the adverse effects of complexity, information asymmetries, transaction costs, and uncertainty on investors' decision making. It suggests mitigating those effects using appropriate and matching signals, and analyzes a sample of 903 German startups to quantitatively highlight the distinct financing patterns and characteristics of high-tech startups. It then investigates the reasons for these patterns on the basis of a qualitative study that includes 34 interviews with investors and entrepreneurs in the US and Germany and an international expert panel. Lastly, it presents a framework that matches complexity factors with appropriate productive signals. 

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