An analysis of adverse selection, entrepreneurial activity, and the decision to go public
Author
Abstract
Suggested Citation
DOI: 10.1007/s12076-010-0039-3
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Patrick Bolton & Mathias Dewatripont, 2005.
"Contract Theory,"
MIT Press Books,
The MIT Press,
edition 1, volume 1, number 0262025760, April.
- Mathias Dewatripont & Patrick Bolton, 2005. "Contract theory," ULB Institutional Repository 2013/9543, ULB -- Universite Libre de Bruxelles.
- Fischer, Manfred M. & Scherngell, Thomas & Jansenberger, Eva, 2005.
"The Geography of Knowledge Spillovers between High-Technology Firms in Europe. Evidence from a Spatial Interaction Modelling Perspective,"
MPRA Paper
77786, University Library of Munich, Germany.
- Manfred M. Fischer & Thomas Scherngell & Eva Jansenberger, 2005. "The Geography of Knowledge Spillovers between High-Technology Firms in Europe - Evidence from a Spatial Interaction Modelling Perspective," ERSA conference papers ersa05p5, European Regional Science Association.
- Francisco Buera, 2009. "A dynamic model of entrepreneurship with borrowing constraints: theory and evidence," Annals of Finance, Springer, vol. 5(3), pages 443-464, June.
- Fischer, M.M. & Nijkamp, P., 2009. "Entrepreneurship and Regional Development," Serie Research Memoranda 0035, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
- S. Trevis Certo & Catherine M. Daily & Dan R. Dalton, 2001. "Signaling Firm Value through Board Structure: An Investigation of Initial Public Offerings," Entrepreneurship Theory and Practice, , vol. 26(2), pages 33-50, December.
- Zoltán J. Ács & Pontus Braunerhjelm & David B. Audretsch & Bo Carlsson, 2015.
"The knowledge spillover theory of entrepreneurship,"
Chapters, in: Global Entrepreneurship, Institutions and Incentives, chapter 7, pages 129-144,
Edward Elgar Publishing.
- Zoltan Acs & Pontus Braunerhjelm & David Audretsch & Bo Carlsson, 2009. "The knowledge spillover theory of entrepreneurship," Small Business Economics, Springer, vol. 32(1), pages 15-30, January.
- Zoltan Acs & David Audretsch & Erik Lehmann, 2013. "The knowledge spillover theory of entrepreneurship," Small Business Economics, Springer, vol. 41(4), pages 757-774, December.
- Audretsch, David & Braunerhjelm, Pontus & Acs, Zoltán J & Carlsson, Bo, 2005. "The Knowledge Spillover Theory of Entrepreneurship," CEPR Discussion Papers 5326, C.E.P.R. Discussion Papers.
- Acs, Zoltan & Audrestch, David & Braunerhjelm, Pontus & Carlsson, Bo, 2007. "The Knowledge Spillover Theory of Entrepreneurship," Working Paper Series in Economics and Institutions of Innovation 77, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
- Zoltan J. Acs & David B. Audretsch & Pontus Braunerhjelm & Bo Carlsson, 2005. "The Knowledge Spillover Theory of Entrepreneurship," Papers on Entrepreneurship, Growth and Public Policy 2005-27, Max Planck Institute of Economics, Entrepreneurship, Growth and Public Policy Group.
- Roberta Capello & Peter Nijkamp (ed.), 2009. "Handbook of Regional Growth and Development Theories," Books, Edward Elgar Publishing, number 12874.
- Batabyal, Amitrajeet A., 1998. "On the irrelevance of collusion in perfectly correlated environments," International Review of Economics & Finance, Elsevier, vol. 7(4), pages 393-405.
- Deeds, David L. & Decarolis, Dona & Coombs, Joseph E., 1997. "The impact of firmspecific capabilities on the amount of capital raised in an initial public offering: Evidence from the biotechnology industry," Journal of Business Venturing, Elsevier, vol. 12(1), pages 31-46, January.
- repec:bla:scotjp:v:48:y:2001:i:2:p:164-78 is not listed on IDEAS
- David Audretsch, 2004. "Sustaining Innovation and Growth: Public Policy Support for Entrepreneurship," Industry and Innovation, Taylor & Francis Journals, vol. 11(3), pages 167-191.
- David J. Brophy & Joel M. Shulman, 1992. "A Finance Perspective on Entrepreneurship Research," Entrepreneurship Theory and Practice, , vol. 16(3), pages 61-72, April.
- Batabyal, Amitrajeet A. & Nijkamp, Peter, 2008. "Is there a tradeoff between average patent pendency and examination errors?," International Review of Economics & Finance, Elsevier, vol. 17(1), pages 150-158.
- Cumming, Douglas & Johan, Sofia Atiqah binti, 2008. "Preplanned exit strategies in venture capital," European Economic Review, Elsevier, vol. 52(7), pages 1209-1241, October.
- Barry McCormick & Jackline Wahba, 2001. "Overseas Work Experience, Savings and Entrepreneurship Amongst Return Migrants to LDCs," Scottish Journal of Political Economy, Scottish Economic Society, vol. 48(2), pages 164-178, May.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Simon K. Medcalfe & Mark A. Thompson, 2017. "Further evidence on the geographical concentration of venture capital investments," Letters in Spatial and Resource Sciences, Springer, vol. 10(2), pages 229-235, July.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Batabyal, Amitrajeet A., 2012. "Project financing, entrepreneurial activity, and investment in the presence of asymmetric information," The North American Journal of Economics and Finance, Elsevier, vol. 23(1), pages 115-122.
- Amitrajeet Batabyal & Hamid Beladi, 2010. "A model of entrepreneurial activity with two actions over time and under uncertainty," Letters in Spatial and Resource Sciences, Springer, vol. 3(2), pages 45-54, July.
- Roy, Satyaki, 2012.
"Spatial Organization Of Production In India: Contesting Themes And Conflicting Evidence,"
Journal of Regional Development and Planning, Rajarshi Majumder, vol. 1(1), pages 1-16.
- Roy, Satyaki, 2011. "Spatial organization of production in India: contesting themes and conflicting evidence," MPRA Paper 30986, University Library of Munich, Germany.
- repec:agr:journl:v:2(602):y:2015:i:2(602):p:55-64 is not listed on IDEAS
- Slavica Mitrovic Veljkovic & Mia Maric & Mladen Subotic & Branislav Dudic & Michal Greguš, 2019. "Family Entrepreneurship and Personal Career Preferences as the Factors of Differences in the Development of Entrepreneurial Potential of Students," Sustainability, MDPI, vol. 11(20), pages 1-23, October.
- Katharina Pijnenburg & Konstantin A. Kholodilin, 2014.
"Do Regions with Entrepreneurial Neighbours Perform Better? A Spatial Econometric Approach for German Regions,"
Regional Studies, Taylor & Francis Journals, vol. 48(5), pages 866-882, May.
- Katharina Pijnenburg & Konstantin A. Kholodilin, 2011. "Do Regions with Entrepreneurial Neighbors Perform Better? A Spatial Econometric Approach for German Regions," ERSA conference papers ersa11p58, European Regional Science Association.
- Katharina Pijnenburg & Konstantin A. Kholodilin, 2011. "Do Regions with Entrepreneurial Neighbors Perform Better?: A Spatial Econometric Approach for German Regions," Discussion Papers of DIW Berlin 1103, DIW Berlin, German Institute for Economic Research.
- Peter Nijkamp, 2009. "Entrepreneurship, Development, and the Spatial Context: Retrospect and Prospect," WIDER Working Paper Series RP2009-08, World Institute for Development Economic Research (UNU-WIDER).
- Robert Huggins & Piers Thompson, 2015. "Entrepreneurship, innovation and regional growth: a network theory," Small Business Economics, Springer, vol. 45(1), pages 103-128, June.
- Wenying Fu, 2016. "Industrial clusters as hothouses for nascent entrepreneurs? The case of Tianhe Software Park in Guangzhou, China," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 57(1), pages 253-270, July.
- Imre Lengyel, 2011. "Types of competitiveness of Hungarian regions: agglomeration economies and endogenous regional development," ERSA conference papers ersa11p674, European Regional Science Association.
- Poblete, Carlos & Amorós, José Ernesto, 2013. "University Support in the Development of Regional Entrepreneurial Activity: An Exploratory Study from Chile," INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, Asociación Española de Ciencia Regional, issue 26, pages 159-177.
- Karima Kourtit, 2017. "Effective Clusters as Territorial Performance Engines in a Regional Development Strategy - A Triple-Layer DEA Assessment of the Aviation Valley in Poland," REGION, European Regional Science Association, vol. 4, pages 39-63.
- Michael Fritsch & Sandra Kublina, 2018.
"Related variety, unrelated variety and regional growth: the role of absorptive capacity and entrepreneurship,"
Regional Studies, Taylor & Francis Journals, vol. 52(10), pages 1360-1371, October.
- Michael Fritsch & Sandra Kublina, 2016. "Related Variety, Unrelated Variety, and Regional Growth: The Role of Absorptive Capacity and Entrepreneurship," Jena Economics Research Papers 2016-009, Friedrich-Schiller-University Jena.
- Robert J. Stimson, 2014. "Proximity and endogenous regional development," Chapters, in: André Torre & Frédéric Wallet (ed.), Regional Development and Proximity Relations, chapter 1, pages 47-93, Edward Elgar Publishing.
- Amitrajeet A. Batabyal & Hamid Beladi, 2014. "Innovation Driven Economic Growth in Multiple Regions and Taxation," International Regional Science Review, , vol. 37(4), pages 459-472, October.
- Roberto Camagni & Roberta Capello, 2013. "Regional Competitiveness and Territorial Capital: A Conceptual Approach and Empirical Evidence from the European Union," Regional Studies, Taylor & Francis Journals, vol. 47(9), pages 1383-1402, October.
- Fariss–Terry Mousa & Richard Reed, 2013. "The Impact of Slack Resources on High–Tech IPOs," Entrepreneurship Theory and Practice, , vol. 37(5), pages 1123-1147, September.
- Sá, Elisabete S. & Pinho, José Carlos M.R. de, 2019. "Effect of entrepreneurial framework conditions on R&D transfer to new and growing firms: The case of European Union innovation-driven countries," Technological Forecasting and Social Change, Elsevier, vol. 141(C), pages 47-58.
- Guldiken, Orhun & Tupper, Christina & Nair, Anil & Yu, Huizhi, 2017. "The impact of media coverage on IPO stock performance," Journal of Business Research, Elsevier, vol. 72(C), pages 24-32.
- Amitrajeet A. Batabyal & Peter Nijkamp, 2012.
"A Schumpeterian Model of Entrepreneurship, Innovation, and Regional Economic Growth,"
International Regional Science Review, , vol. 35(3), pages 339-361, July.
- Batabyal, A.A. & Nijkamp, P., 2011. "A Schumpeterian model of entrepreneurship, innovation, and regional economic growth," Serie Research Memoranda 0007, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
- Ejdemo, Thomas & Örtqvist, Daniel, 2020. "Related variety as a driver of regional innovation and entrepreneurship: A moderated and mediated model with non-linear effects," Research Policy, Elsevier, vol. 49(7).
More about this item
Keywords
Asymmetric information; Entrepreneur; Initial public offering; Investment bank; Uncertainty; L26; R11; D81;All these keywords.
JEL classification:
- L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
- R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:lsprsc:v:3:y:2010:i:2:p:79-90. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com/ .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.