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The Economics of Small BusinessesSources of Financing for New Technology Firms: Evidence from the Kauffman Firm Survey

The Economics of Small Businesses: Sources of Financing for New Technology Firms: Evidence from... [This article uses data from the Kauffman Firm Survey to explore the financing sources and strategies of new technology-based firms. Findings reveal that technology-based firms, and particularly high tech firms, raise larger amounts of capital at startup than firms on average. These findings also suggest that, contrary to the Pecking Order and Life Cycle theories, owners of high tech firms are both willing and able to use external equity as a financing source.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

The Economics of Small BusinessesSources of Financing for New Technology Firms: Evidence from the Kauffman Firm Survey

Part of the Contributions to Economics Book Series
Editors: Calcagnini, Giorgio; Favaretto, Ilario

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References (30)

Publisher
Physica-Verlag HD
Copyright
© Springer-Verlag Berlin Heidelberg 2011
ISBN
978-3-7908-2622-7
Pages
173–194
DOI
10.1007/978-3-7908-2623-4_10
Publisher site
See Chapter on Publisher Site

Abstract

[This article uses data from the Kauffman Firm Survey to explore the financing sources and strategies of new technology-based firms. Findings reveal that technology-based firms, and particularly high tech firms, raise larger amounts of capital at startup than firms on average. These findings also suggest that, contrary to the Pecking Order and Life Cycle theories, owners of high tech firms are both willing and able to use external equity as a financing source.]

Published: Nov 10, 2010

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