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Veikko Thiele

Personal Details

First Name:Veikko
Middle Name:
Last Name:Thiele
Suffix:
RePEc Short-ID:pth48
[This author has chosen not to make the email address public]
Terminal Degree:2006 Wirtschaftswissenschaftliche Fakultät; Humboldt-Universität Berlin (from RePEc Genealogy)

Affiliation

School of Business
Queen's University

Kingston, Canada
http://business.queensu.ca/
RePEc:edi:sbqueca (more details at EDIRC)

Research output

as
Jump to: Working papers Articles

Working papers

  1. Thomas F. Hellmann & Veikko Thiele, 2020. "A Theory of Voluntary Testing and Self-isolation in an Ongoing Pandemic," NBER Working Papers 27941, National Bureau of Economic Research, Inc.
  2. Hong, Suting & Serfes, Konstantinos & Thiele, Veikko, 2018. "Competition in the Venture Capital Market and the Success of Startup Companies: Theory and Evidence," School of Economics Working Paper Series 2018-2, LeBow College of Business, Drexel University, revised 16 Feb 2020.
  3. Thomas Hellmann & Veikko Thiele, 2018. "May the Force be With You: Investor Power and Company Valuations," NBER Working Papers 25211, National Bureau of Economic Research, Inc.
  4. Thomas F. Hellmann & Veikko Thiele, 2014. "Friends or Foes: The Interrelationship between Angel and Venture Capital Markets," NBER Working Papers 20147, National Bureau of Economic Research, Inc.
  5. Thomas F. Hellmann & Veikko Thiele, 2012. "A Theory of the Firm based on Partner Displacement," NBER Working Papers 18495, National Bureau of Economic Research, Inc.
  6. Thiele, Veikko, 2007. "Subjective Performance Evaluation and Collusion," MPRA Paper 2472, University Library of Munich, Germany.
  7. Thiele, Veikko, 2007. "The Demand for Tailored Goods and the Theory of the Firm," MPRA Paper 2471, University Library of Munich, Germany.
  8. Thiele, Veikko, 2007. "Performance Measurement in Multi-Task Agencies," MPRA Paper 2469, University Library of Munich, Germany.
  9. Thiele, Veikko, 2007. "Task-Specific Abilities in Multi-Task Agency Relations," MPRA Paper 2470, University Library of Munich, Germany.
  10. Schöttner, Anja & Thiele, Veikko, 2007. "Promotion tournaments and individual performance pay," SFB 649 Discussion Papers 2007-045, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk.
  11. Schöttner, Anja & Thiele, Veikko, 2007. "Promotion tournaments and individual performance pay," SFB 649 Discussion Papers 2007-045, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk.

Articles

  1. Thomas Hellmann & Veikko Thiele, 2023. "Scaling versus Selling Startups: The Role of Foreign Acquirers in Entrepreneurial Ecosystems," Journal of Political Economy Microeconomics, University of Chicago Press, vol. 1(2), pages 348-399.
  2. Thomas Hellmann & Veikko Thiele, 2022. "A theory of voluntary testing and self‐isolation in an ongoing pandemic," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 24(5), pages 873-911, October.
  3. Hellmann, Thomas & Thiele, Veikko, 2022. "May the force be with you: Investor power and company valuations," Journal of Corporate Finance, Elsevier, vol. 72(C).
  4. Suting Hong & Konstantinos Serfes & Veikko Thiele, 2020. "Competition in the venture capital market and the success of startup companies: Theory and evidence," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 29(4), pages 741-791, October.
  5. Thomas Hellmann & Veikko Thiele, 2019. "Fostering Entrepreneurship: Promoting Founding or Funding?," Management Science, INFORMS, vol. 67(6), pages 2502-2521, June.
  6. Thomas Hellmann & Veikko Thiele, 2017. "Partner Uncertainty and the Dynamic Boundary of the Firm," American Economic Journal: Microeconomics, American Economic Association, vol. 9(4), pages 277-302, November.
  7. Thomas Hellmann & Veikko Thiele, 2015. "Contracting among Founders," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 31(3), pages 629-661.
  8. Hellmann, Thomas & Thiele, Veikko, 2015. "Friends or foes? The interrelationship between angel and venture capital markets," Journal of Financial Economics, Elsevier, vol. 115(3), pages 639-653.
  9. Veikko Thiele, 2013. "Subjective Performance Evaluations, Collusion, and Organizational Design," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 29(1), pages 35-59, February.
  10. Thomas Hellmann & Veikko Thiele, 2011. "Incentives and Innovation: A Multitasking Approach," American Economic Journal: Microeconomics, American Economic Association, vol. 3(1), pages 78-128, February.
  11. Thiele, Veikko, 2010. "Task-specific abilities in multi-task principal-agent relationships," Labour Economics, Elsevier, vol. 17(4), pages 690-698, August.
  12. Anja Schöttner & Veikko Thiele, 2010. "Promotion Tournaments and Individual Performance Pay," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 19(3), pages 699-731, September.
  13. Veikko Thiele, 2009. "Aggregating Performance Measures in Multi-Task Agencies," Economics Bulletin, AccessEcon, vol. 29(4), pages 2693-2699.
  14. Thiele, Veikko, 2007. "Performance measurement in multi-task agencies," Research in Economics, Elsevier, vol. 61(3), pages 148-163, September.

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

RePEc Biblio mentions

As found on the RePEc Biblio, the curated bibliography of Economics:
  1. Thomas F. Hellmann & Veikko Thiele, 2020. "A Theory of Voluntary Testing and Self-isolation in an Ongoing Pandemic," NBER Working Papers 27941, National Bureau of Economic Research, Inc.

    Mentioned in:

    1. > Economics of Welfare > Health Economics > Economics of Pandemics > Specific pandemics > Covid-19 > Health > Distancing and Lockdown > Voluntary

Working papers

  1. Thomas F. Hellmann & Veikko Thiele, 2020. "A Theory of Voluntary Testing and Self-isolation in an Ongoing Pandemic," NBER Working Papers 27941, National Bureau of Economic Research, Inc.

    Cited by:

    1. Amir, Rabah & Liu, Zhiwei & Tian, Jingwen, 2023. "Negative network effects and public policy in vaccine markets," Journal of Economic Behavior & Organization, Elsevier, vol. 216(C), pages 136-149.

  2. Hong, Suting & Serfes, Konstantinos & Thiele, Veikko, 2018. "Competition in the Venture Capital Market and the Success of Startup Companies: Theory and Evidence," School of Economics Working Paper Series 2018-2, LeBow College of Business, Drexel University, revised 16 Feb 2020.

    Cited by:

    1. Ewens, Michael & Gorbenko, Alexander & Korteweg, Arthur, 2022. "Venture capital contracts," Journal of Financial Economics, Elsevier, vol. 143(1), pages 131-158.
    2. Inés Macho-Stadler & David Pérez-Castrillo, 2020. "Agency Theory Meets Matching Theory," Working Papers 1140, Barcelona School of Economics.
    3. Chen, Zhuming & Luo, Xue, 2024. "Optimal investment and exit decision of venture capitals with multiple heterogeneous Beliefs," International Review of Economics & Finance, Elsevier, vol. 93(PA), pages 1138-1153.
    4. Fu, Hui & Qi, Huilan & An, Yunbi, 2024. "When do venture capital and startups team up? Matching matters," Pacific-Basin Finance Journal, Elsevier, vol. 85(C).
    5. Thomas Hellmann & Veikko Thiele, 2018. "May the Force be With You: Investor Power and Company Valuations," NBER Working Papers 25211, National Bureau of Economic Research, Inc.

  3. Thomas Hellmann & Veikko Thiele, 2018. "May the Force be With You: Investor Power and Company Valuations," NBER Working Papers 25211, National Bureau of Economic Research, Inc.

    Cited by:

    1. William H. Janeway & Ramana Nanda & Matthew Rhodes-Kropf, 2021. "Venture Capital Booms and Start-Up Financing," Annual Review of Financial Economics, Annual Reviews, vol. 13(1), pages 111-127, November.

  4. Thomas F. Hellmann & Veikko Thiele, 2014. "Friends or Foes: The Interrelationship between Angel and Venture Capital Markets," NBER Working Papers 20147, National Bureau of Economic Research, Inc.

    Cited by:

    1. Ewens, Michael & Nanda, Ramana & Rhodes-Kropf, Matthew, 2018. "Cost of experimentation and the evolution of venture capital," Journal of Financial Economics, Elsevier, vol. 128(3), pages 422-442.
    2. Andrieu, Guillaume & Groh, Alexander Peter, 2018. "Specialist versus generalist investors: Trading off support quality, investment horizon and control rights," European Economic Review, Elsevier, vol. 101(C), pages 459-478.
    3. Amir Ban & Moran Koren, 2020. "Sequential Fundraising and Mutual Insurance," Papers 2005.10711, arXiv.org, revised Dec 2021.
    4. Josh Lerner & Antoinette Schoar & Stanislav Sokolinski & Karen Wilson, 2015. "The Globalization of Angel Investments: Evidence across Countries," NBER Working Papers 21808, National Bureau of Economic Research, Inc.
    5. Honjo, Yuji & Ikeuchi, Kenta & Nakamura, Hiroki, 2024. "Does risk aversion affect individuals’ interests and actions in angel investing? Empirical evidence from Japan," Japan and the World Economy, Elsevier, vol. 70(C).
    6. Michael M. Moedl, 2021. "Two’s a company, three’s a crowd: Deal breaker terms in equity crowdfunding for prospective venture capital," Small Business Economics, Springer, vol. 57(2), pages 927-952, August.
    7. Michele Cincera & Anabela Marques Santos, 2015. "Innovation and Access to Finance – A Review of the Literature," Working Papers TIMES² 2015-16, ULB -- Universite Libre de Bruxelles.
    8. Massimo G. Colombo & Benedetta Montanaro & Silvio Vismara, 2023. "What drives the valuation of entrepreneurial ventures? A map to navigate the literature and research directions," Small Business Economics, Springer, vol. 61(1), pages 59-84, June.
    9. Andrieu, Guillaume & Peter Groh, Alexander, 2021. "Strategic exits in secondary venture capital markets," Journal of Business Venturing, Elsevier, vol. 36(2).
    10. William H. Janeway & Ramana Nanda & Matthew Rhodes-Kropf, 2021. "Venture Capital Booms and Start-Up Financing," Annual Review of Financial Economics, Annual Reviews, vol. 13(1), pages 111-127, November.
    11. Tereza Tykvová, 2018. "Venture capital and private equity financing: an overview of recent literature and an agenda for future research," Journal of Business Economics, Springer, vol. 88(3), pages 325-362, May.
    12. Thomas Hellmann & Veikko Thiele, 2019. "Fostering Entrepreneurship: Promoting Founding or Funding?," Management Science, INFORMS, vol. 67(6), pages 2502-2521, June.
    13. Kang Hyunsung D, 2018. "A Start-Up’s R&D Stages and the Evolution of Financing Sources: Evidence from the Biotechnology Industry," Entrepreneurship Research Journal, De Gruyter, vol. 8(3), pages 1-19, July.
    14. Hong, Suting & Serfes, Konstantinos & Thiele, Veikko, 2018. "Competition in the Venture Capital Market and the Success of Startup Companies: Theory and Evidence," School of Economics Working Paper Series 2018-2, LeBow College of Business, Drexel University, revised 16 Feb 2020.
    15. Michele Cincera & Anabela Santos, "undated". "Innovation and Access to Finance," IRMO Occasional Papers 6, Institute for Development and International Relations, Zagreb.
    16. Guthrie, Graeme, 2021. "A dynamic model of managerial entrenchment and the positive incentives it creates," Journal of Economic Dynamics and Control, Elsevier, vol. 123(C).
    17. Max Berre & Benjamin Le Pendeven, 2023. "What do we know about startup-valuation drivers? A systematic literature review 1," Post-Print hal-04232855, HAL.
    18. Inessa Love, 2020. "Entrepreneurial Access to Finance in the US," Working Papers 202004, University of Hawaii at Manoa, Department of Economics.
    19. Donia Trabelsi & Baran Siyahhan, 2021. "Startup cash flows and venture capital investments: A real options approach," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 42(3), pages 737-750, April.
    20. Thomas Ulmer & Ulrich Pape, 2022. "Streamliners, Switchmen and Bridge Builders: About the Mechanisms and Uniqueness of Accelerator Programs," Sustainability, MDPI, vol. 14(23), pages 1-25, November.
    21. Hellmann, Thomas & Schure, Paul & Vo, Dan H., 2021. "Angels and venture capitalists: Substitutes or complements?," Journal of Financial Economics, Elsevier, vol. 141(2), pages 454-478.
    22. Fernandez, Viviana, 2024. "Micro-angel investments of men and women: The role of institutions," Research in International Business and Finance, Elsevier, vol. 70(PB).
    23. Douglas Cumming & Minjie Zhang, 2019. "Angel investors around the world," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 50(5), pages 692-719, July.
    24. Ali-Yrkkö, Jyrki & Pajarinen, Mika & Ylhäinen, Ilkka, 2019. "Business Angel Investment, Public Innovation Funding and Firm Growth," ETLA Reports 97, The Research Institute of the Finnish Economy.
    25. Kaminski, Jermain & Hopp, Christian & Tykvová, Tereza, 2019. "New technology assessment in entrepreneurial financing – Does crowdfunding predict venture capital investments?," Technological Forecasting and Social Change, Elsevier, vol. 139(C), pages 287-302.
    26. Cipollone, Angela & Giordani, Paolo E., 2019. "Entrepreneurs meet financiers: Evidence from the business angel market," Journal of Business Venturing, Elsevier, vol. 34(5), pages 1-1.
    27. Lohwasser, Todor S., 2020. "Meta-analyzing the relative performance of venture capital-backed firms," Discussion Papers of the Institute for Organisational Economics 4/2020, University of Münster, Institute for Organisational Economics.
    28. Harrison, Richard T. & Bock, Adam J. & Gregson, Geoff, 2020. "Stairway to heaven? rethinking angel investment policy and practice," Journal of Business Venturing Insights, Elsevier, vol. 14(C).
    29. Engineer, Merwan H. & Schure, Paul & Vo, Dan H., 2019. "Hide and seek search: Why angels hide and entrepreneurs seek," Journal of Economic Behavior & Organization, Elsevier, vol. 157(C), pages 523-540.
    30. Alice Rossi & Tom Vanacker & Silvio Vismara, 2023. "Unsuccessful Equity Crowdfunding Offerings and the Persistence in Equity Fundraising of Family Business Start-Ups," Entrepreneurship Theory and Practice, , vol. 47(4), pages 1327-1355, July.
    31. Niculaescu, Corina-Elena & Sangiorgi, Ivan & Bell, Adrian R., 2023. "Venture capital financing in the eSports industry," Research in International Business and Finance, Elsevier, vol. 65(C).
    32. Christoph Maus & Andrea Greven & Niklas Kurth & Malte Brettel, 2024. "How do investor characteristics of business angels and venture capitalists predict the occurrence of co-investments?," Journal of Business Economics, Springer, vol. 94(5), pages 763-811, July.
    33. Regan Stevenson & Sean R. McMahon & Chaim Letwin & Michael P. Ciuchta, 2022. "Entrepreneur fund-seeking: toward a theory of funding fit in the era of equity crowdfunding," Small Business Economics, Springer, vol. 58(4), pages 2061-2086, April.
    34. Block, Joern & Fisch, Christian & Vismara, Silvio & Andres, René, 2019. "Private equity investment criteria: An experimental conjoint analysis of venture capital, business angels, and family offices," Journal of Corporate Finance, Elsevier, vol. 58(C), pages 329-352.
    35. Kim, Jin-Hyuk & Wagman, Liad, 2016. "Early-stage entrepreneurial financing: A signaling perspective," Journal of Banking & Finance, Elsevier, vol. 67(C), pages 12-22.
    36. Bonini, Stefano & Capizzi, Vincenzo & Valletta, Mario & Zocchi, Paola, 2018. "Angel network affiliation and business angels' investment practices," Journal of Corporate Finance, Elsevier, vol. 50(C), pages 592-608.
    37. Matthew R. Denes & Sabrina T. Howell & Filippo Mezzanotti & Xinxin Wang & Ting Xu, 2020. "Investor Tax Credits and Entrepreneurship: Evidence from U.S. States," NBER Working Papers 27751, National Bureau of Economic Research, Inc.
    38. Laurence Cohen & Peter Wirtz, 2022. "Decision-making style in entrepreneurial finance and growth," Small Business Economics, Springer, vol. 59(1), pages 183-210, June.
    39. Banal-Estañol, Albert & Macho-Stadler, Inés & Nieto-Postigo, Jonás & Pérez-Castrillo, David, 2023. "Early individual stakeholders, first venture capital investment, and exit in the UK startup ecosystem," Journal of Corporate Finance, Elsevier, vol. 80(C).
    40. Butticè, Vincenzo & Di Pietro, Francesca & Tenca, Francesca, 2020. "Is equity crowdfunding always good? Deal structure and the attraction of venture capital investors," Journal of Corporate Finance, Elsevier, vol. 65(C).
    41. Zaccaria, Luana, 2023. "Are family and friends the wrong investors? Evidence from U.S. start-ups," Journal of Corporate Finance, Elsevier, vol. 79(C).
    42. Wang, Wanxin & Mahmood, Ammara & Sismeiro, Catarina & Vulkan, Nir, 2019. "The evolution of equity crowdfunding: Insights from co-investments of angels and the crowd," Research Policy, Elsevier, vol. 48(8), pages 1-1.
    43. Honjo, Yuji & Kwak, Charee & Uchida, Hirofumi, 2022. "Initial funding and founders’ human capital: An empirical analysis using multiple surveys for start-up firms," Japan and the World Economy, Elsevier, vol. 63(C).
    44. Parra, Álvaro & Winter, Ralph A., 2022. "Early-stage venture financing," Journal of Corporate Finance, Elsevier, vol. 77(C).
    45. Harrison, Richard T., 2022. "“Pennies from heaven”? Market failure, circuits of capital and policy support for business angels: The case of cross-border angel investment," Journal of Business Venturing Insights, Elsevier, vol. 17(C).
    46. Jeffrey Sohl, 2022. "Angel investors: the impact of regret from missed opportunities," Small Business Economics, Springer, vol. 58(4), pages 2281-2296, April.
    47. Cavallo, Angelo & Ghezzi, Antonio & Dell'Era, Claudio & Pellizzoni, Elena, 2019. "Fostering digital entrepreneurship from startup to scaleup: The role of venture capital funds and angel groups," Technological Forecasting and Social Change, Elsevier, vol. 145(C), pages 24-35.
    48. Thomas Hellmann & Veikko Thiele, 2018. "May the Force be With You: Investor Power and Company Valuations," NBER Working Papers 25211, National Bureau of Economic Research, Inc.
    49. HONJO Yuji & IKEUCHI Kenta & NAKAMURA Hiroki, 2022. "Does risk aversion affect individuals’ actions and interests in angel investing? Empirical evidence from Japan," Discussion papers 22040, Research Institute of Economy, Trade and Industry (RIETI).
    50. Johannes Wallmeroth & Peter Wirtz & Alexander Peter Groh, 2017. "Institutional Seed Financing, Angel Financing, and Crowdfunding of Entrepreneurial Ventures: A Literature Review," Working Papers hal-01527999, HAL.
    51. Onesun Steve Yoo & Tingliang Huang & Kenan Arifoğlu, 2021. "A Theoretical Analysis of the Lean Start-up Method," Marketing Science, INFORMS, vol. 40(3), pages 395-412, May.
    52. Pandher, Gurupdesh & Bonaparte, Yosef & Fabozzi, Frank J., 2024. "The risk-adjusted performance of convertible venture contracts," International Review of Economics & Finance, Elsevier, vol. 93(PA), pages 485-500.
    53. Cumming, Douglas & Meoli, Michele & Vismara, Silvio, 2019. "Investors’ choices between cash and voting rights: Evidence from dual-class equity crowdfunding," Research Policy, Elsevier, vol. 48(8), pages 1-1.
    54. Gurupdesh Pandher, 2019. "Financier Search and Boundaries of the Angel and VC Markets," Entrepreneurship Theory and Practice, , vol. 43(6), pages 1223-1249, November.

  5. Thiele, Veikko, 2007. "Subjective Performance Evaluation and Collusion," MPRA Paper 2472, University Library of Munich, Germany.

    Cited by:

    1. Matthias Kräkel, 2017. "Authority and Incentives in Organizations," Scandinavian Journal of Economics, Wiley Blackwell, vol. 119(2), pages 295-311, April.
    2. Lucia Marchegiani & Tommaso Reggiani & Matteo Rizzolli, 2013. "Severity vs. Leniency Bias in Performance Appraisal: Experimental evidence," BEMPS - Bozen Economics & Management Paper Series BEMPS01, Faculty of Economics and Management at the Free University of Bozen.

  6. Thiele, Veikko, 2007. "Performance Measurement in Multi-Task Agencies," MPRA Paper 2469, University Library of Munich, Germany.

    Cited by:

    1. Friederike Wall, 2024. "Incomplete incentive contracts in complex task environments: an agent-based simulation with minimal intelligence agents," Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, vol. 19(3), pages 523-552, July.
    2. Veikko Thiele, 2009. "Aggregating Performance Measures in Multi-Task Agencies," Economics Bulletin, AccessEcon, vol. 29(4), pages 2693-2699.

  7. Thiele, Veikko, 2007. "Task-Specific Abilities in Multi-Task Agency Relations," MPRA Paper 2470, University Library of Munich, Germany.

    Cited by:

    1. Thiele, Veikko, 2007. "Performance measurement in multi-task agencies," Research in Economics, Elsevier, vol. 61(3), pages 148-163, September.

  8. Schöttner, Anja & Thiele, Veikko, 2007. "Promotion tournaments and individual performance pay," SFB 649 Discussion Papers 2007-045, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk.

    Cited by:

    1. Migheli, Matteo, 2019. "Competing for promotion: Are “THE BEST” always the best?," Research in Economics, Elsevier, vol. 73(2), pages 149-161.
    2. Bastani, Spencer & Giebe, Thomas & Gürtler, Oliver, 2020. "A general framework for studying contests," VfS Annual Conference 2020 (Virtual Conference): Gender Economics 224601, Verein für Socialpolitik / German Economic Association.
    3. Tom Ahn & Jason Niven & Andrew Veilleux, 2021. "How long have you been waiting? Explaining the role of irrelevant information in the promotion of U.S. Navy officers," Economics Bulletin, AccessEcon, vol. 41(2), pages 604-614.
    4. Ola Kvaløy & Anja Schöttner, 2014. "Incentives to Motivate," CESifo Working Paper Series 4656, CESifo.
    5. Kräkel, Matthias & Schöttner, Anja, 2012. "Internal labor markets and worker rents," Journal of Economic Behavior & Organization, Elsevier, vol. 84(2), pages 491-509.
    6. Jed DeVaro & Oliver Gürtler, 2020. "Strategic shirking in competitive labor markets: A general model of multi‐task promotion tournaments with employer learning," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 29(2), pages 335-376, April.
    7. Kräkel, Matthias & Schöttner, Anja, 2008. "Relative Performance Pay, Bonuses, and Job-Promotion Tournaments," IZA Discussion Papers 3702, Institute of Labor Economics (IZA).
    8. Mahy, Benoît & Rycx, François & Volral, Mélanie, 2011. "Does Wage Dispersion Make All Firms Productive?," IZA Discussion Papers 5791, Institute of Labor Economics (IZA).
    9. Bastani, Spencer & Giebe, Thomas & Gürtler, Oliver, 2022. "Simple equilibria in general contests," Games and Economic Behavior, Elsevier, vol. 134(C), pages 264-280.

  9. Schöttner, Anja & Thiele, Veikko, 2007. "Promotion tournaments and individual performance pay," SFB 649 Discussion Papers 2007-045, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk.

    Cited by:

    1. Migheli, Matteo, 2019. "Competing for promotion: Are “THE BEST” always the best?," Research in Economics, Elsevier, vol. 73(2), pages 149-161.
    2. Bastani, Spencer & Giebe, Thomas & Gürtler, Oliver, 2020. "A general framework for studying contests," VfS Annual Conference 2020 (Virtual Conference): Gender Economics 224601, Verein für Socialpolitik / German Economic Association.
    3. Tom Ahn & Jason Niven & Andrew Veilleux, 2021. "How long have you been waiting? Explaining the role of irrelevant information in the promotion of U.S. Navy officers," Economics Bulletin, AccessEcon, vol. 41(2), pages 604-614.
    4. Ola Kvaløy & Anja Schöttner, 2014. "Incentives to Motivate," CESifo Working Paper Series 4656, CESifo.
    5. Kräkel, Matthias & Schöttner, Anja, 2012. "Internal labor markets and worker rents," Journal of Economic Behavior & Organization, Elsevier, vol. 84(2), pages 491-509.
    6. Jed DeVaro & Oliver Gürtler, 2020. "Strategic shirking in competitive labor markets: A general model of multi‐task promotion tournaments with employer learning," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 29(2), pages 335-376, April.
    7. Kräkel, Matthias & Schöttner, Anja, 2008. "Relative Performance Pay, Bonuses, and Job-Promotion Tournaments," IZA Discussion Papers 3702, Institute of Labor Economics (IZA).
    8. Mahy, Benoît & Rycx, François & Volral, Mélanie, 2011. "Does Wage Dispersion Make All Firms Productive?," IZA Discussion Papers 5791, Institute of Labor Economics (IZA).
    9. Bastani, Spencer & Giebe, Thomas & Gürtler, Oliver, 2022. "Simple equilibria in general contests," Games and Economic Behavior, Elsevier, vol. 134(C), pages 264-280.

Articles

  1. Thomas Hellmann & Veikko Thiele, 2023. "Scaling versus Selling Startups: The Role of Foreign Acquirers in Entrepreneurial Ecosystems," Journal of Political Economy Microeconomics, University of Chicago Press, vol. 1(2), pages 348-399.

    Cited by:

    1. Hellmann, Thomas & Montag, Alexander & Tåg, Joacim, 2024. "Tolerating Losses for Growth: J-Curves in Venture Capital Investing," Working Paper Series 1500, Research Institute of Industrial Economics.

  2. Thomas Hellmann & Veikko Thiele, 2022. "A theory of voluntary testing and self‐isolation in an ongoing pandemic," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 24(5), pages 873-911, October.
    See citations under working paper version above.
  3. Hellmann, Thomas & Thiele, Veikko, 2022. "May the force be with you: Investor power and company valuations," Journal of Corporate Finance, Elsevier, vol. 72(C).
    See citations under working paper version above.
  4. Suting Hong & Konstantinos Serfes & Veikko Thiele, 2020. "Competition in the venture capital market and the success of startup companies: Theory and evidence," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 29(4), pages 741-791, October.
    See citations under working paper version above.
  5. Thomas Hellmann & Veikko Thiele, 2019. "Fostering Entrepreneurship: Promoting Founding or Funding?," Management Science, INFORMS, vol. 67(6), pages 2502-2521, June.

    Cited by:

    1. Qin, Fei & Mickiewicz, Tomasz & Estrin, Saul, 2022. "Homophily and peer influence in early-stage new venture informal investment," LSE Research Online Documents on Economics 110890, London School of Economics and Political Science, LSE Library.
    2. Berger, Marius & Egeln, Jürgen & Gottschalk, Sandra, 2020. "Finanzierung von Unternehmensgründungen durch Privatinvestoren: Auswertungen und Analysen auf Basis des IAB/ZEW-Gründungspanels 2019," ZEW Expertises, ZEW - Leibniz Centre for European Economic Research, number 222370.
    3. Hottenrott, Hanna & Berger, Marius, 2021. "Start-Up Subsidies and the Sources of Venture Capital," VfS Annual Conference 2021 (Virtual Conference): Climate Economics 242383, Verein für Socialpolitik / German Economic Association.
    4. Anil Arya & Brian Mittendorf & Thomas Pfeiffer, 2021. "Incentive Provision in Light of Expertise and Operational Involvement of Angel Investors," Production and Operations Management, Production and Operations Management Society, vol. 30(9), pages 2890-2909, September.
    5. David Leong, 2023. "Action in Complexity: Entanglement and Emergent Order in Entrepreneurship," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 32(1), pages 182-217, March.
    6. Norbäck, Pehr-Johan & Persson, Lars & Tåg, Joacim, 2022. "Risky Business: Venture Capital, Pivoting and Scaling," Working Paper Series 1444, Research Institute of Industrial Economics, revised 15 Apr 2024.
    7. Wendy A. Bradley & Gilles Duruflé & Thomas F. Hellmann & Karen E. Wilson, 2019. "Cross-Border Venture Capital Investments: What Is the Role of Public Policy?," JRFM, MDPI, vol. 12(3), pages 1-22, July.
    8. Feld, Lars P. & Schmidt, Christoph M. & Schnabel, Isabel & Truger, Achim & Wieland, Volker, 2019. "Den Strukturwandel meistern. Jahresgutachten 2019/20 [Dealing with Structural Change. Annual Report 2019/20]," Annual Economic Reports / Jahresgutachten, German Council of Economic Experts / Sachverständigenrat zur Begutachtung der gesamtwirtschaftlichen Entwicklung, volume 127, number 201920, February.

  6. Thomas Hellmann & Veikko Thiele, 2017. "Partner Uncertainty and the Dynamic Boundary of the Firm," American Economic Journal: Microeconomics, American Economic Association, vol. 9(4), pages 277-302, November.

    Cited by:

    1. Hong, Suting & Serfes, Konstantinos & Thiele, Veikko, 2018. "Competition in the Venture Capital Market and the Success of Startup Companies: Theory and Evidence," School of Economics Working Paper Series 2018-2, LeBow College of Business, Drexel University, revised 16 Feb 2020.

  7. Thomas Hellmann & Veikko Thiele, 2015. "Contracting among Founders," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 31(3), pages 629-661.

    Cited by:

    1. Holger Patzelt & Rebecca Preller & Nicola Breugst, 2021. "Understanding the Life Cycles of Entrepreneurial Teams and Their Ventures: An Agenda for Future Research," Entrepreneurship Theory and Practice, , vol. 45(5), pages 1119-1153, September.
    2. Signori, Andrea & Vismara, Silvio, 2018. "Does success bring success? The post-offering lives of equity-crowdfunded firms," Journal of Corporate Finance, Elsevier, vol. 50(C), pages 575-591.
    3. Thomas F. Hellmann & Veikko Thiele, 2012. "A Theory of the Firm based on Partner Displacement," NBER Working Papers 18495, National Bureau of Economic Research, Inc.
    4. Vereshchagina, Galina, 2019. "The role of individual financial contributions in the formation of entrepreneurial teams," European Economic Review, Elsevier, vol. 113(C), pages 173-193.
    5. Tiantian Yang & Jiayi Bao & Howard Aldrich, 2020. "The Paradox of Resource Provision in Entrepreneurial Teams: Between Self-Interest and the Collective Enterprise," Organization Science, INFORMS, vol. 31(6), pages 1336-1358, November.

  8. Hellmann, Thomas & Thiele, Veikko, 2015. "Friends or foes? The interrelationship between angel and venture capital markets," Journal of Financial Economics, Elsevier, vol. 115(3), pages 639-653.
    See citations under working paper version above.
  9. Veikko Thiele, 2013. "Subjective Performance Evaluations, Collusion, and Organizational Design," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 29(1), pages 35-59, February.

    Cited by:

    1. Matthias Kräkel, 2017. "Authority and Incentives in Organizations," Scandinavian Journal of Economics, Wiley Blackwell, vol. 119(2), pages 295-311, April.
    2. Maggian, Valeria & Montinari, Natalia & Nicolò, Antonio, 2015. "Backscratching in Hierarchical Organizations," Working Papers 2015:10, Lund University, Department of Economics.
    3. Delfgaauw, Josse & Souverijn, Michiel, 2016. "Biased supervision," Journal of Economic Behavior & Organization, Elsevier, vol. 130(C), pages 107-125.
    4. Marchegiani, Lucia & Reggiani, Tommaso & Rizzolli, Matteo, 2016. "Loss averse agents and lenient supervisors in performance appraisal," Journal of Economic Behavior & Organization, Elsevier, vol. 131(PA), pages 183-197.
    5. Jan Tichem, 2013. "Leniency Bias in Long-Term Workplace Relationships," Tinbergen Institute Discussion Papers 13-196/VII, Tinbergen Institute.

  10. Thomas Hellmann & Veikko Thiele, 2011. "Incentives and Innovation: A Multitasking Approach," American Economic Journal: Microeconomics, American Economic Association, vol. 3(1), pages 78-128, February.

    Cited by:

    1. Orman, Cuneyt, 2008. "Organization of Innovation and Capital Markets," MPRA Paper 22848, University Library of Munich, Germany, revised 21 May 2010.
    2. Jirjahn, Uwe & Mohrenweiser, Jens, 2017. "Performance Pay and Applicant Screening," GLO Discussion Paper Series 47, Global Labor Organization (GLO).
    3. Lan, Fei & Wang, Wei & Cao, Qingzi, 2020. "Tax cuts and enterprises’ R&D intensity: Evidence from a natural experiment in China," Economic Modelling, Elsevier, vol. 89(C), pages 304-314.
    4. d’Andria, Diego, 2016. "Why are researchers paid bonuses? On technology spillovers and market rivalry," Research Policy, Elsevier, vol. 45(10), pages 2105-2112.
    5. Maurizio Iacopetta & Raoul Minetti & Pierluigi Murro, 2020. "Growing Through Spinoffs," Working Papers hal-03389197, HAL.
    6. Maurizio Iacopetta & Raoul Minetti & Pierluigi Murro, 2020. "Growing through Spinoffs. Corporate Governance, Entry, and Innovation," Working Papers CASMEF 2002, Dipartimento di Economia e Finanza, LUISS Guido Carli.
    7. ONISHI Koichiro & OWAN Hideo & NAGAOKA Sadao, 2015. "Monetary Incentives for Corporate Inventors: Intrinsic motivation, project selection and inventive performance," Discussion papers 15071, Research Institute of Economy, Trade and Industry (RIETI).
    8. Florian Ederer & Gustavo Manso, 2013. "Is Pay for Performance Detrimental to Innovation?," Management Science, INFORMS, vol. 59(7), pages 1496-1513, July.
    9. Jirjahn, Uwe & Mohrenweiser, Jens, 2023. "Variable Payment Schemes and Productivity: Do Individual-Based Schemes Really Have a Stronger Influence Than Collective Ones?," GLO Discussion Paper Series 1298, Global Labor Organization (GLO).
    10. Martin Ruckes & Thomas Rønde, 2015. "Dynamic Incentives in Organizations: Success and Inertia," Manchester School, University of Manchester, vol. 83(4), pages 475-497, July.
    11. de Bettignies, Jean-Etienne & Ries, John, 2023. "When less is more: Information and the financing of innovation," Journal of Economic Behavior & Organization, Elsevier, vol. 214(C), pages 346-369.
    12. Minkyung Kim & K. Sudhir & Kosuke Uetake, 2019. "A Structural Model of a Multitasking Salesforce: Multidimensional Incentives and Plan Design," Cowles Foundation Discussion Papers 2199, Cowles Foundation for Research in Economics, Yale University.
    13. Schlegel, Friederike & Hakenes, Hendrik, 2013. "Model Risk - an Agency Theoretic Approach," VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 79954, Verein für Socialpolitik / German Economic Association.
    14. Galasso, Alberto & Mitchell, Matthew & Virag, Gabor, 2018. "A theory of grand innovation prizes," Research Policy, Elsevier, vol. 47(2), pages 343-362.
    15. FUKUGAWA Nobuya, 2023. "Determinants of Commercialization Modes of Science: Evidence from panel data of university technology transfer in Japan," Discussion papers 23053, Research Institute of Economy, Trade and Industry (RIETI).
    16. Ekinci, Emre, 2022. "Employee entrepreneurship and signaling role of corporate venturing decisions," Labour Economics, Elsevier, vol. 79(C).
    17. Feng, Wei & Li, Jiajia, 2021. "International technology spillovers and innovation quality: Evidence from China," Economic Analysis and Policy, Elsevier, vol. 72(C), pages 289-308.
    18. Ramana Nanda & Matthew Rhodes-Kropf, 2013. "Innovation and the Financial Guillotine," NBER Working Papers 19379, National Bureau of Economic Research, Inc.
    19. Hasan, Iftekhar & (Stan) Hoi, Chun-Keung & Wu, Qiang & Zhang, Hao, 2020. "Is social capital associated with corporate innovation? Evidence from publicly listed firms in the U.S," Journal of Corporate Finance, Elsevier, vol. 62(C).
    20. Nobuya Fukugawa, 2022. "Effects of the quality of science on the initial public offering of university spinoffs: evidence from Japan," Scientometrics, Springer;Akadémiai Kiadó, vol. 127(8), pages 4439-4455, August.
    21. Diego d'Andria, 2016. "Employed inventors, inter-firm mobility, bonus pay with multi-stage R&D processes, and optimal innovation policy," JRC Working Papers on Taxation & Structural Reforms 2016-02, Joint Research Centre.
    22. Ola Bengtsson & S. Abraham Ravid, 2015. "Location Specific Styles and US Venture Capital Contracting," Quarterly Journal of Finance (QJF), World Scientific Publishing Co. Pte. Ltd., vol. 5(03), pages 1-40, September.
    23. d’Andria, D. & Savin, I., 2018. "A Win-Win-Win? Motivating innovation in a knowledge economy with tax incentives," Technological Forecasting and Social Change, Elsevier, vol. 127(C), pages 38-56.
    24. Ramana Nanda & Matthew Rhodes-Kropf, 2015. "Financing Entrepreneurial Experimentation," NBER Working Papers 21278, National Bureau of Economic Research, Inc.
    25. Shiyuan Liu & Jiang Du & Weike Zhang & Xiaoli Tian, 2021. "Opening the box of subsidies: which is more effective for innovation?," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 11(3), pages 421-449, September.
    26. d'Andria, Diego & Uebelmesser, Silke, 2016. "The relationship between R&D intensity and profit-sharing schemes: evidence from Germany and the United Kingdom," VfS Annual Conference 2016 (Augsburg): Demographic Change 145622, Verein für Socialpolitik / German Economic Association.
    27. Jed De Varo & Suraj Prasad, 2015. "The Relationship between Delegation and Incentives Across Occupations: Evidence and Theory," Journal of Industrial Economics, Wiley Blackwell, vol. 63(2), pages 279-312, June.
    28. Sunder, Jayanthi & Sunder, Shyam V. & Zhang, Jingjing, 2017. "Pilot CEOs and corporate innovation," Journal of Financial Economics, Elsevier, vol. 123(1), pages 209-224.
    29. Bias, Daniel & Chen, Lin & Lochner, Benjamin & Schmid, Thomas, 2020. "Measuring workers' financial incentives," FAU Discussion Papers in Economics 07/2020, Friedrich-Alexander University Erlangen-Nuremberg, Institute for Economics.
    30. Jan Zabojnik, 2016. "Firm Reputation And Employee Startups," Working Paper 1362, Economics Department, Queen's University.
    31. Ramana Nanda & Matthew Rhodes-Kropf, 2012. "Innovation Policies," Harvard Business School Working Papers 13-038, Harvard Business School, revised Mar 2017.
    32. Uwe Jirjahn, 2016. "The Adoption and Termination of Profit Sharing for Employees: Does Management's Attitude Play a Role?," Research Papers in Economics 2016-01, University of Trier, Department of Economics.
    33. Uwe Jirjahn & Erik Poutsma, 2013. "The Use of Performance Appraisal Systems: Evidence from Dutch Establishment Data," Industrial Relations: A Journal of Economy and Society, Wiley Blackwell, vol. 52(4), pages 801-828, October.
    34. Iacopetta, Maurizio & Minetti, Raoul & Murro, Pierluigi, 2024. "Growing through spinoffs. Corporate governance, entry dynamics, and innovation," Journal of Economic Dynamics and Control, Elsevier, vol. 161(C).
    35. Diego d'Andria & Ivan Savin, 2015. "Motivating innovation in a knowledge economy with tax incentives," Jena Economics Research Papers 2015-004, Friedrich-Schiller-University Jena.
    36. Erina Ytsma, 2022. "Effort and Selection Effects of Performance Pay in Knowledge Creation," CESifo Working Paper Series 10153, CESifo.
    37. Koray Sayili, 2020. "Retaining skilled employees: A human capital model with innovation and entrepreneurship," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 41(6), pages 911-923, September.
    38. James A. Brander & Wei Zhang, 2017. "Employee relations and innovation: an empirical analysis using patent data," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 26(4), pages 368-384, May.
    39. Yuliyan Mitkov, 2020. "A Theory of Debt Maturity and Innovation," ECONtribute Discussion Papers Series 050, University of Bonn and University of Cologne, Germany.
    40. Besancenot, Damien & Vranceanu, Radu, 2024. "Reluctance to pursue breakthrough research: A signaling explanation," Research Policy, Elsevier, vol. 53(4).
    41. Diego d'Andria, 2014. "Taxation and incentives to innovate: a principal-agent approach," Jena Economics Research Papers 2014-028, Friedrich-Schiller-University Jena.
    42. Liu, Shiyuan & Du, Jiang & Zhang, Weike & Tian, Xiaoli & Kou, Gang, 2021. "Innovation quantity or quality? The role of political connections," Emerging Markets Review, Elsevier, vol. 48(C).
    43. Kyle Myers & Wei Yang Tham, 2023. "Money, Time, and Grant Design," Papers 2312.06479, arXiv.org.
    44. Krasteva, Silvana & Sharma, Priyanka & Wagman, Liad, 2015. "The 80/20 rule: Corporate support for innovation by employees," International Journal of Industrial Organization, Elsevier, vol. 38(C), pages 32-43.
    45. Yingjie Sun & Lvyujia Zhao & Chun Lin, 2023. "The Impacts of Executive Equity on Green Corporate Innovation," Sustainability, MDPI, vol. 15(13), pages 1-24, June.
    46. Blasco, Andrea & Jung, Olivia S. & Lakhani, Karim R. & Menietti, Michael, 2019. "Incentives for public goods inside organizations: Field experimental evidence," Journal of Economic Behavior & Organization, Elsevier, vol. 160(C), pages 214-229.
    47. Jean-Noël Barrot, 2017. "Investor Horizon and the Life Cycle of Innovative Firms: Evidence from Venture Capital," Management Science, INFORMS, vol. 63(9), pages 3021-3043, September.
    48. Mitkov, Yuliyan, 2024. "A theory of debt maturity and innovation," Journal of Economic Theory, Elsevier, vol. 218(C).

  11. Thiele, Veikko, 2010. "Task-specific abilities in multi-task principal-agent relationships," Labour Economics, Elsevier, vol. 17(4), pages 690-698, August.

    Cited by:

    1. Dietrichson, Jens, 2013. "Coordination Incentives, Performance Measurement and Resource Allocation in Public Sector Organizations," Working Papers 2013:26, Lund University, Department of Economics.
    2. Yann Kossi & Jean-Yves Lesueur & Mareva Sabatier, 2013. "Publish or Teach ? The Role of the Scientific Environment on Academics' Multitasking," Working Papers halshs-00806801, HAL.
    3. Zaiceva, Anzelika, 2022. "Multitasking," IZA Discussion Papers 15681, Institute of Labor Economics (IZA).
      • Zaiceva, A., 2022. "Multitasking," MERIT Working Papers 2022-031, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    4. Trude Gunnes, 2021. "Norms and financial incentives: A model of how to fund universities," Review of Economics and Institutions, Università di Perugia, vol. 12(1).
    5. Meng, Dawen & Tian, Guoqiang, 2013. "Multi-task incentive contract and performance measurement with multidimensional types," Games and Economic Behavior, Elsevier, vol. 77(1), pages 377-404.
    6. Charlene M. Kalenkoski & Gigi Foster, 2015. "Measuring the relative productivity of multitasking to sole-tasking in household production: experimental evidence," Applied Economics, Taylor & Francis Journals, vol. 47(18), pages 1847-1862, April.
    7. Rishi Basak & Edwin van der Werf, 2019. "Accountability mechanisms in international climate change financing," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 19(3), pages 297-313, June.
    8. Zaiceva-Razzolini, Anzelika, 2022. "Multitasking," GLO Discussion Paper Series 1173, Global Labor Organization (GLO).

  12. Anja Schöttner & Veikko Thiele, 2010. "Promotion Tournaments and Individual Performance Pay," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 19(3), pages 699-731, September.
    See citations under working paper version above.
  13. Thiele, Veikko, 2007. "Performance measurement in multi-task agencies," Research in Economics, Elsevier, vol. 61(3), pages 148-163, September.
    See citations under working paper version above.

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Co-authorship network on CollEc

NEP Fields

NEP is an announcement service for new working papers, with a weekly report in each of many fields. This author has had 9 papers announced in NEP. These are the fields, ordered by number of announcements, along with their dates. If the author is listed in the directory of specialists for this field, a link is also provided.
  1. NEP-BEC: Business Economics (5) 2007-04-09 2007-04-09 2007-04-09 2007-04-09 2007-08-08. Author is listed
  2. NEP-CFN: Corporate Finance (2) 2018-03-26 2018-11-26
  3. NEP-COM: Industrial Competition (2) 2007-04-09 2018-03-26
  4. NEP-ENT: Entrepreneurship (2) 2014-06-02 2018-03-26
  5. NEP-IND: Industrial Organization (1) 2018-03-26
  6. NEP-INO: Innovation (1) 2018-03-26
  7. NEP-MIC: Microeconomics (1) 2012-11-03
  8. NEP-PAY: Payment Systems and Financial Technology (1) 2018-03-26
  9. NEP-SBM: Small Business Management (1) 2018-03-26

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