Start-up Financing Choice and Post-entry Performance
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Chittenden, Francis & Hall, Graham & Hutchinson, Patrick, 1996. "Small Firm Growth, Access to Capital Markets and Financial Structure: Review of Issues and an Empirical Investigation," Small Business Economics, Springer, vol. 8(1), pages 59-67, February.
- Lopez-Gracia, Jose & Aybar-Arias, Cristina, 2000. "An Empirical Approach to the Financial Behaviour of Small and Medium Sized Companies," Small Business Economics, Springer, vol. 14(1), pages 55-63, February.
- N. Berger, Allen & F. Udell, Gregory, 1998.
"The economics of small business finance: The roles of private equity and debt markets in the financial growth cycle,"
Journal of Banking & Finance, Elsevier, vol. 22(6-8), pages 613-673, August.
- Allen N. Berger & Gregory F. Udell, 1998. "The economics of small business finance: the roles of private equity and debt markets in the financial growth cycle," Finance and Economics Discussion Series 1998-15, Board of Governors of the Federal Reserve System (U.S.).
- John Watson, 2002. "Comparing the Performance of Male-and Female-Controlled Businesses: Relating Outputs to Inputs," Entrepreneurship Theory and Practice, , vol. 26(3), pages 91-100, April.
- Colombo, Massimo G. & Grilli, Luca, 2005. "Start-up size: The role of external financing," Economics Letters, Elsevier, vol. 88(2), pages 243-250, August.
- Evans, David S & Jovanovic, Boyan, 1989. "An Estimated Model of Entrepreneurial Choice under Liquidity Constraints," Journal of Political Economy, University of Chicago Press, vol. 97(4), pages 808-827, August.
- Jeng, Leslie A. & Wells, Philippe C., 2000. "The determinants of venture capital funding: evidence across countries," Journal of Corporate Finance, Elsevier, vol. 6(3), pages 241-289, September.
- Leung, Siu Fai & Yu, Shihti, 1996.
"On the choice between sample selection and two-part models,"
Journal of Econometrics, Elsevier, vol. 72(1-2), pages 197-229.
- Leung, S.F. & Yu, S., 1992. "On the Choice Between Sample Selection and Two-Part Models," RCER Working Papers 337, University of Rochester - Center for Economic Research (RCER).
- Astebro, Thomas & Bernhardt, Irwin, 2003.
"Start-up financing, owner characteristics, and survival,"
Journal of Economics and Business, Elsevier, vol. 55(4), pages 303-319.
- Thomas Astebro & Irwin Bernhardt, 2003. "Start-up financing, owner characteristics, and survival," Post-Print hal-00480047, HAL.
- Leland, Hayne E & Pyle, David H, 1977.
"Informational Asymmetries, Financial Structure, and Financial Intermediation,"
Journal of Finance, American Finance Association, vol. 32(2), pages 371-387, May.
- Hayne E. Leland and David H. Pyle., 1976. "Informational Asymmetries, Financial Structure, and Financial Intermediation," Research Program in Finance Working Papers 41, University of California at Berkeley.
- Cassar, Gavin, 2004. "The financing of business start-ups," Journal of Business Venturing, Elsevier, vol. 19(2), pages 261-283, March.
- Murphy, Gregory B. & Trailer, Jeff W. & Hill, Robert C., 1996. "Measuring performance in entrepreneurship research," Journal of Business Research, Elsevier, vol. 36(1), pages 15-23, May.
- Michaelas, Nicos & Chittenden, Francis & Poutziouris, Panikkos, 1999. "Financial Policy and Capital Structure Choice in U.K. SMEs: Empirical Evidence from Company Panel Data," Small Business Economics, Springer, vol. 12(2), pages 113-130, March.
- Patrick Puhani, 2000.
"The Heckman Correction for Sample Selection and Its Critique,"
Journal of Economic Surveys, Wiley Blackwell, vol. 14(1), pages 53-68, February.
- Puhani, Patrick A., 1997. "Foul or Fair? The Heckman Correction for Sample Selection and Its Critique. A Short Survey," ZEW Discussion Papers 97-07, ZEW - Leibniz Centre for European Economic Research.
- Fenn, George W. & Liang, Nellie, 1998. "New resources and new ideas: Private equity for small businesses1," Journal of Banking & Finance, Elsevier, vol. 22(6-8), pages 1077-1084, August.
- Frederick C. Scherr & Timothy F. Sugrue & Janice B. Ward, 1993. "Financing the Small Firm Start-Up: Determinants of Debt Use," Journal of Entrepreneurial Finance, Pepperdine University, Graziadio School of Business and Management, vol. 3(1), pages 17-36, Fall.
- Westhead, Paul & Wright, Mike, 1998. "Novice, portfolio, and serial founders: are they different?," Journal of Business Venturing, Elsevier, vol. 13(3), pages 173-204, May.
- Yuji Honjo, 2004. "Growth of new start-up firms: evidence from the Japanese manufacturing industry," Applied Economics, Taylor & Francis Journals, vol. 36(4), pages 343-355.
- White, Halbert, 1980. "A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity," Econometrica, Econometric Society, vol. 48(4), pages 817-838, May.
- David J. Brophy & Joel M. Shulman, 1992. "A Finance Perspective on Entrepreneurship Research," Entrepreneurship Theory and Practice, , vol. 16(3), pages 61-72, April.
- David B. Audretsch, 1995. "Innovation and Industry Evolution," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262011468, December.
- Zoltan Acs & David Audretsch, 1990. "Innovation and Small Firms," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262011131, December.
- Davila, Antonio & Foster, George & Gupta, Mahendra, 2003. "Venture capital financing and the growth of startup firms," Journal of Business Venturing, Elsevier, vol. 18(6), pages 689-708, November.
- Audretsch, David B. & Santarelli, Enrico & Vivarelli, Marco, 1999. "Start-up size and industrial dynamics: some evidence from Italian manufacturing," International Journal of Industrial Organization, Elsevier, vol. 17(7), pages 965-983, October.
- Yuji Honjo, 2004. "Growth of new start-up firms: evidence from the Japanese manufacturing industry," Applied Economics Letters, Taylor & Francis Journals, vol. 11(1), pages 21-32.
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.- Kenji Kutsuna & Yuji Honjo, 2005. "External Equity at Start-up and Post-entry Performance: Evidence from Japan," Discussion Papers 2005-46, Kobe University, Graduate School of Business Administration.
- Massimo Colombo & Luca Grilli, 2007. "Funding Gaps? Access To Bank Loans By High-Tech Start-Ups," Small Business Economics, Springer, vol. 29(1), pages 25-46, June.
- Yuji Honjo & Nobuyuki Harada, 2006. "SME Policy, Financial Structure and Firm Growth: Evidence From Japan," Small Business Economics, Springer, vol. 27(4), pages 289-300, December.
- Ciarán mac an Bhaird & Brian Lucey, 2010.
"Determinants of capital structure in Irish SMEs,"
Small Business Economics, Springer, vol. 35(3), pages 357-375, October.
- Mac an Bhaird, Ciaran & Lucey, Brian, 2008. "Determinants of capital structure in Irish SMEs," MPRA Paper 62370, University Library of Munich, Germany, revised 28 Nov 2008.
- Sardo, Filipe & Serrasqueiro, Zélia & Armada, Manuel Rocha, 2022. "The importance of owner loans for rebalancing the capital structure of small knowledge-intensive service firms," Research in International Business and Finance, Elsevier, vol. 61(C).
- Bergner, Sören Martin & Bräutigam, Rainer & Evers, Maria Theresia & Spengel, Christoph, 2017. "The use of SME tax incentives in the European Union," ZEW Discussion Papers 17-006, ZEW - Leibniz Centre for European Economic Research.
- Ana Venâncio & João Jorge, 2022. "The role of accelerator programmes on the capital structure of start-ups," Small Business Economics, Springer, vol. 59(3), pages 1143-1167, October.
- Joaquim J.S. Ramalho & Jacinto Vidigal da Silva, 2009.
"A two-part fractional regression model for the financial leverage decisions of micro, small, medium and large firms,"
Quantitative Finance, Taylor & Francis Journals, vol. 9(5), pages 621-636.
- Joaquim J.S. Ramalho & Jacinto Vidigal da Silva, 2006. "A two-part fractional regression model for the financial leverage decisions of micro, small, medium and large firms," Economics Working Papers 9_2006, University of Évora, Department of Economics (Portugal).
- Masatoshi Kato & Hiroyuki Okamuro & Yuji Honjo, 2015.
"Does Founders' Human Capital Matter for Innovation? Evidence from Japanese Start‐ups,"
Journal of Small Business Management, Taylor & Francis Journals, vol. 53(1), pages 114-128, January.
- Masatoshi Kato & Hiroyuki Okamuro & Yuji Honjo, 2011. "Does founders’ human capital matter for innovation? Evidence from Japanese start-ups," Discussion Paper Series 78, School of Economics, Kwansei Gakuin University, revised Dec 2011.
- Kato, Masatoshi & Okamuro, Hiroyuki & Honjo, Yuji, 2011. "Does Founders’ Human Capital Matter for Innovation? Evidence from Japanese Start-ups," CEI Working Paper Series 2011-11, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University.
- Epure, Mircea & Guasch, Martí, 2020.
"Debt signaling and outside investors in early stage firms,"
Journal of Business Venturing, Elsevier, vol. 35(2).
- Mircea Epure & Martí Guasch, 2015. "Debt signaling and outside investors in early stage firms," Economics Working Papers 1546, Department of Economics and Business, Universitat Pompeu Fabra, revised Feb 2019.
- Mircea Epure & Martí Guasch, 2016. "Debt Signaling and Outside Investors in Early Stage Firms," Working Papers 941, Barcelona School of Economics.
- Van Campenhout, Geert & Van Caneghem, Tom, 2009. "Information Availability, Information Quality and the Financial Structure of Belgian SME's," Working Papers 2009/27, Hogeschool-Universiteit Brussel, Faculteit Economie en Management.
- William Gartner & Casey Frid & John Alexander, 2012. "Financing the emerging firm," Small Business Economics, Springer, vol. 39(3), pages 745-761, October.
- Valérie Revest & Alessandro Sapio, 2012.
"Financing technology-based small firms in Europe: what do we know?,"
Small Business Economics, Springer, vol. 39(1), pages 179-205, July.
- Valérie Revest & Alessandro Sapio, 2012. "Financing technology-based small firms in Europe: what do we know?," Post-Print halshs-00606802, HAL.
- Andy Cosh & Douglas Cumming & Alan Hughes, 2009.
"Outside Enterpreneurial Capital,"
Economic Journal, Royal Economic Society, vol. 119(540), pages 1494-1533, October.
- Andy Cosh & Douglas Cumming & Alan Hughes, 2009. "Outside Enterpreneurial Capital," Economic Journal, Royal Economic Society, vol. 119(540), pages 1494-1533, October.
- Andy Cosh & Douglas Cumming & Alan Hughes, 2005. "Outside Entrepreneurial Capital," Working Papers wp301, Centre for Business Research, University of Cambridge.
- Tevfik Aktekin & Dev K. Dutta & Jeffrey E. Sohl, 2018. "Entrepreneurial firms and financial attractiveness for securing debt capital: a Bayesian analysis," Venture Capital, Taylor & Francis Journals, vol. 20(1), pages 27-50, January.
- Elisabeth Müller & Volker Zimmermann, 2009. "The importance of equity finance for R&D activity," Small Business Economics, Springer, vol. 33(3), pages 303-318, October.
- Mueller, Elisabeth & Zimmermann, Volker, 2006.
"The Importance of Equity Finance for R&D Activity: Are There Differences Between Young and OldCompanies?,"
ZEW Discussion Papers
06-014, ZEW - Leibniz Centre for European Economic Research.
- Zimmermann, Volker & Mueller, Elisabeth, 2007. "The Importance of Equity Finance for R&D Activity: Are There Differences Between Young and OldCompanies?," ZEW Discussion Papers 06-014 [rev.], ZEW - Leibniz Centre for European Economic Research.
- Mueller, Elisabeth & Zimmermann, Volker, 2008. "The importance of equity finance for R&D activity: are there differences between young and oldcompanies?," ZEW Discussion Papers 06-014 [rev.2], ZEW - Leibniz Centre for European Economic Research.
- Jun Du & Alessandra Guariglia & Alexander Newman, 2010. "Does social capital affect the financing decisions of Chinese small and medium-sized enterprises?," Discussion Papers 10/13, University of Nottingham, GEP.
- Miglo, Anton, 2022. "Theories of financing for entrepreneurial firms: a review," MPRA Paper 115835, University Library of Munich, Germany.
- Okamuro, Hiroyuki & Kato, Masatoshi & Honjo, Yuji, 2011. "Determinants of R&D cooperation in Japanese start-ups," Research Policy, Elsevier, vol. 40(5), pages 728-738, June.
Corrections
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:kbb:dpaper:2006-33. 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: Yasuyuki Miyahara (email available below). General contact details of provider: https://edirc.repec.org/data/bskobjp.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.