메뉴 건너뛰기




Volumn 22, Issue 2, 2013, Pages 341-364

Show me the right stuff: Signals for high-tech startups

Author keywords

[No Author keywords available]

Indexed keywords


EID: 84875862735     PISSN: 10586407     EISSN: 15309134     Source Type: Journal    
DOI: 10.1111/jems.12012     Document Type: Article
Times cited : (134)

References (56)
  • 1
    • 84875836817 scopus 로고    scopus 로고
    • The Geography of Crowdfunding
    • SSRN Working Paper Series.
    • Agrawal, A., C. Catalini, and A. Goldfarb, 2011, "The Geography of Crowdfunding, "SSRN Working Paper Series.
    • (2011)
    • Agrawal, A.1    Catalini, C.2    Goldfarb, A.3
  • 2
    • 0001428045 scopus 로고
    • Entrepreneurial Ability, Venture Investments, and Risk Sharing
    • Amit, R., L. Glosten, and E. Muller, 1990, "Entrepreneurial Ability, Venture Investments, and Risk Sharing, "Management Science, 36(10), 1232-1245.
    • (1990) Management Science , vol.36 , Issue.10 , pp. 1232-1245
    • Amit, R.1    Glosten, L.2    Muller, E.3
  • 3
    • 33644687810 scopus 로고    scopus 로고
    • Patent Protection, Complementary Assets, and Firms' Incentives for Technology Licensing
    • Arora, A. and M. Ceccagnoli, 2006, "Patent Protection, Complementary Assets, and Firms' Incentives for Technology Licensing, "Management Science, 52(2), 293-308.
    • (2006) Management Science , vol.52 , Issue.2 , pp. 293-308
    • Arora, A.1    Ceccagnoli, M.2
  • 4
    • 43749107899 scopus 로고    scopus 로고
    • Enhanced Routines for Instrumental Variables/Generalized Method of Moments Estimation and Testing
    • Baum, C.F., M.E. Schaffer, and S. Stillman, 2007, "Enhanced Routines for Instrumental Variables/Generalized Method of Moments Estimation and Testing, "The Stata Journal, 7(4), 465-506.
    • (2007) The Stata Journal , vol.7 , Issue.4 , pp. 465-506
    • Baum, C.F.1    Schaffer, M.E.2    Stillman, S.3
  • 6
    • 0000118836 scopus 로고
    • Imperfect Information, Dividend Policy, and 'The Bird in the Hand Fallacy'
    • Bhattacharya, S., 1979, "Imperfect Information, Dividend Policy, and 'The Bird in the Hand Fallacy', "Bell Journal of Economics, 10, 259-270.
    • (1979) Bell Journal of Economics , vol.10 , pp. 259-270
    • Bhattacharya, S.1
  • 7
    • 52249110645 scopus 로고    scopus 로고
    • Who Are the Active Investors? Evidence from Venture Capital
    • Bottazzi, L., M. Da Rin, and T. Hellmann, 2008, "Who Are the Active Investors? Evidence from Venture Capital, "Journal of Financial Economics, 89, 488-512.
    • (2008) Journal of Financial Economics , vol.89 , pp. 488-512
    • Bottazzi, L.1    Da Rin, M.2    Hellmann, T.3
  • 11
    • 0003792641 scopus 로고    scopus 로고
    • Protecting Their Intellectual Assets: Appropriability Conditions and Why U.S. Manufacturing Firms Patent (or Not)
    • NBER Working Paper 7552.
    • Cohen, W.M., R.R. Nelson, and J. Walsh, 2000, "Protecting Their Intellectual Assets: Appropriability Conditions and Why U.S. Manufacturing Firms Patent (or Not), "NBER Working Paper 7552.
    • (2000)
    • Cohen, W.M.1    Nelson, R.R.2    Walsh, J.3
  • 12
    • 31244434789 scopus 로고    scopus 로고
    • How Effective are Technology Incubators? Evidence from Italy
    • Colombo, M.G. and M. Delmastro, 2002, "How Effective are Technology Incubators? Evidence from Italy, "Research Policy, 31, 1103-1122.
    • (2002) Research Policy , vol.31 , pp. 1103-1122
    • Colombo, M.G.1    Delmastro, M.2
  • 13
    • 70149098719 scopus 로고    scopus 로고
    • Outside Entrepreneurial Capital
    • Cosh, A., D.J. Cumming, and A. Hughes, 2009, "Outside Entrepreneurial Capital, "Economic Journal, 119, 1494-1533.
    • (2009) Economic Journal , vol.119 , pp. 1494-1533
    • Cosh, A.1    Cumming, D.J.2    Hughes, A.3
  • 14
    • 52449132640 scopus 로고    scopus 로고
    • Contracts and Exits in Venture Capital Finance
    • Cosh, A., 2008, "Contracts and Exits in Venture Capital Finance, "Review of Financial Studies, 21, 1947-1982.
    • (2008) Review of Financial Studies , vol.21 , pp. 1947-1982
    • Cosh, A.1
  • 15
    • 84855955260 scopus 로고    scopus 로고
    • Publicly Funded Business Advisory Services and Entrepreneurial Outcomes
    • Cumming, D.J. and E. Fischer, 2012, "Publicly Funded Business Advisory Services and Entrepreneurial Outcomes, "Research Policy, 41, 467-481.
    • (2012) Research Policy , vol.41 , pp. 467-481
    • Cumming, D.J.1    Fischer, E.2
  • 16
    • 53149124451 scopus 로고    scopus 로고
    • Preplanned Exit Strategies in Venture Capital
    • Cumming, D.J. and Johan, 2008, "Preplanned Exit Strategies in Venture Capital, "European Economic Review, 52, 1209-1241.
    • (2008) European Economic Review , vol.52 , pp. 1209-1241
    • Cumming, D.J.1    Johan2
  • 17
    • 70349851942 scopus 로고    scopus 로고
    • Venture Capital and Private Equity Contracting: An International Perspective
    • Oxford UK: Academic Press.
    • Cumming, D.J. and Johan, 2009, "Venture Capital and Private Equity Contracting: An International Perspective, "Oxford UK: Academic Press.
    • (2009)
    • Cumming, D.J.1    Johan2
  • 18
    • 77955960323 scopus 로고    scopus 로고
    • Angel Investors: Who They Are and What They Do. Can I Be One, Too?
    • DeGennaro, R.P., 2010, "Angel Investors: Who They Are and What They Do. Can I Be One, Too?, "Journal of Wealth Management, 13(2), 55-60.
    • (2010) Journal of Wealth Management , vol.13 , Issue.2 , pp. 55-60
    • DeGennaro, R.P.1
  • 19
    • 84908222584 scopus 로고    scopus 로고
    • Angel Investors and Their Investments
    • D.J. Comming, ed., Chapter 13, Cambridge UK Oxford University Press
    • DeGennaro, R.P., 2012, "Angel Investors and Their Investments, "in D.J. Comming, ed., Chapter 13, Oxford Handbook of Entrepreneurial Finance, Cambridge UK Oxford University Press, 392-423.
    • (2012) Oxford Handbook of Entrepreneurial Finance , pp. 392-423
    • DeGennaro, R.P.1
  • 20
    • 1342311692 scopus 로고    scopus 로고
    • Entrepreneurial Finance: An Overview of the Issues and Evidence
    • Denis, D.J., 2004, "Entrepreneurial Finance: An Overview of the Issues and Evidence, "Journal of Corporate Finance, 10, 301-326.
    • (2004) Journal of Corporate Finance , vol.10 , pp. 301-326
    • Denis, D.J.1
  • 21
    • 84875859409 scopus 로고    scopus 로고
    • Entrepreneurial Optimism and Venture Capital Valuations
    • Druid Working Paper Series.
    • Dushnitsky, G., 2010a, "Entrepreneurial Optimism and Venture Capital Valuations, "Druid Working Paper Series.
    • (2010)
    • Dushnitsky, G.1
  • 22
    • 77953792067 scopus 로고    scopus 로고
    • Entrepreneurial Optimism in the Market for Technological Inventions
    • Dushnitsky, G., 2010b, "Entrepreneurial Optimism in the Market for Technological Inventions, "Organization Science, 21(1), 150-167.
    • (2010) Organization Science , vol.21 , Issue.1 , pp. 150-167
    • Dushnitsky, G.1
  • 23
    • 0000029715 scopus 로고
    • Signalling with Many Signals
    • Engers, M., 1987, "Signalling with Many Signals, "Econometrica, 55, 425-440.
    • (1987) Econometrica , vol.55 , pp. 425-440
    • Engers, M.1
  • 24
    • 0036990928 scopus 로고    scopus 로고
    • When Does Start-up Innovation Spur the Gale of Creative Destruction?
    • Gans, J.S., D.H. Hsu, and S. Stern, 2002, "When Does Start-up Innovation Spur the Gale of Creative Destruction?, "RAND Journal of Economics, 33, 571-586.
    • (2002) RAND Journal of Economics , vol.33 , pp. 571-586
    • Gans, J.S.1    Hsu, D.H.2    Stern, S.3
  • 25
    • 66049119285 scopus 로고    scopus 로고
    • Does Angel Participation Matter? An Analysis of Early Venture Financing
    • Working Paper.
    • Goldfarb, B., G. Hoberg, D. Kirsch, and A. Triantis, 2009, "Does Angel Participation Matter? An Analysis of Early Venture Financing, "Working Paper.
    • (2009)
    • Goldfarb, B.1    Hoberg, G.2    Kirsch, D.3    Triantis, A.4
  • 27
    • 78649355694 scopus 로고    scopus 로고
    • High Technology Entrepreneurs and the Patent System: Results of the 2008 Berkeley Patent Survey (June 30, 2009)
    • Graham, S.J.H., R.P. Merges, P. Samuelson, and T.M. Sichelman, 2009, "High Technology Entrepreneurs and the Patent System: Results of the 2008 Berkeley Patent Survey (June 30, 2009), "Berkeley Technology Law Journal, 24(4), 255-327.
    • (2009) Berkeley Technology Law Journal , vol.24 , Issue.4 , pp. 255-327
    • Graham, S.J.H.1    Merges, R.P.2    Samuelson, P.3    Sichelman, T.M.4
  • 29
    • 84977725468 scopus 로고
    • Signalling and the Pricing of New Issues
    • Grinblatt, M. and C.Y. Hwang, 1989, "Signalling and the Pricing of New Issues, "Journal of Finance, 44, 393-420.
    • (1989) Journal of Finance , vol.44 , pp. 393-420
    • Grinblatt, M.1    Hwang, C.Y.2
  • 30
    • 84857018825 scopus 로고    scopus 로고
    • To Be Financed or Not...- The Role of Patents for Venture Capital Financing
    • CEPR Discussion Papers 7115.
    • Haeussler, C., D. Harhoff, and E. Mueller, 2009, "To Be Financed or Not...- The Role of Patents for Venture Capital Financing, "CEPR Discussion Papers 7115.
    • (2009)
    • Haeussler, C.1    Harhoff, D.2    Mueller, E.3
  • 31
    • 0013118760 scopus 로고    scopus 로고
    • Venture Capital and the Professionalization of Start-up Firms: Empirical Evidence
    • Hellmann, T. and M. Puri, 2002, "Venture Capital and the Professionalization of Start-up Firms: Empirical Evidence, "Journal of Finance, 57(1), 169-197.
    • (2002) Journal of Finance , vol.57 , Issue.1 , pp. 169-197
    • Hellmann, T.1    Puri, M.2
  • 32
    • 79953240615 scopus 로고    scopus 로고
    • Conveying Quality and Value in Emerging Industries: Star Scientists and the Role of Learning in Biotechnology
    • Higgins, M.J., P. Stephan, and J. Thursby, 2011, "Conveying Quality and Value in Emerging Industries: Star Scientists and the Role of Learning in Biotechnology, "Research Policy, 40(4), 605-617.
    • (2011) Research Policy , vol.40 , Issue.4 , pp. 605-617
    • Higgins, M.J.1    Stephan, P.2    Thursby, J.3
  • 33
    • 4344630945 scopus 로고    scopus 로고
    • What Do Entrepreneurs Pay for Venture Capital Affiliation?
    • Hsu, D., 2004, "What Do Entrepreneurs Pay for Venture Capital Affiliation?, "Journal of Finance, 52, 1805-1844.
    • (2004) Journal of Finance , vol.52 , pp. 1805-1844
    • Hsu, D.1
  • 34
    • 85088715055 scopus 로고    scopus 로고
    • "Patents as Quality Signals for Entrepreneurial Ventures," Academy of Management Best Papers Proceedings.
    • Hsu, D. and R.H. Ziedonis, 2008, "Patents as Quality Signals for Entrepreneurial Ventures, "Academy of Management Best Papers Proceedings.
    • (2008)
    • Hsu, D.1    Ziedonis, R.H.2
  • 35
    • 84875843435 scopus 로고    scopus 로고
    • The Dual Roles of Intangible Resources as Sources of Advantage: Evidence from Technology Startup Patents
    • mimeo.
    • Hsu, D. and R.H. Ziedonis, 2011, "The Dual Roles of Intangible Resources as Sources of Advantage: Evidence from Technology Startup Patents, "mimeo.
    • (2011)
    • Hsu, D.1    Ziedonis, R.H.2
  • 36
    • 6344230194 scopus 로고    scopus 로고
    • Characteristics, Contracts, and Actions: Evidence from Venture Capitalist Analyses
    • Kaplan, S.N. and P. Strömberg, 2004, "Characteristics, Contracts, and Actions: Evidence from Venture Capitalist Analyses, "Journal of Finance, 59, 2177-2210.
    • (2004) Journal of Finance , vol.59 , pp. 2177-2210
    • Kaplan, S.N.1    Strömberg, P.2
  • 37
    • 84866692190 scopus 로고    scopus 로고
    • The Consequences of Entrepreneurial Finance: A Regression Discontinuity Analysis
    • Harvard Business School Working Paper, 10-086.
    • Kerr, W.R., J. Lerner, and A. Schoar, 2010, "The Consequences of Entrepreneurial Finance: A Regression Discontinuity Analysis, "Harvard Business School Working Paper, 10-086.
    • (2010)
    • Kerr, W.R.1    Lerner, J.2    Schoar, A.3
  • 38
    • 33644668943 scopus 로고    scopus 로고
    • Overoptimism and the Performance of Entrepreneurial Firms
    • Lowe, R. and R.H. Ziedonis, 2006, "Overoptimism and the Performance of Entrepreneurial Firms, "Managemenr Science, 52, 173-186.
    • (2006) Managemenr Science , vol.52 , pp. 173-186
    • Lowe, R.1    Ziedonis, R.H.2
  • 39
    • 0000140435 scopus 로고
    • Informational Asymmetries, Financial Structure, and Financial Intermediation
    • Leland, H.E. and D.H. Pyle, 1976, "Informational Asymmetries, Financial Structure, and Financial Intermediation, "Journal of Finance, 32, 371-387.
    • (1976) Journal of Finance , vol.32 , pp. 371-387
    • Leland, H.E.1    Pyle, D.H.2
  • 41
    • 84936823535 scopus 로고
    • Price and Advertising Signals of Product Quality
    • Milgrom, P. and J. Roberts, 1986, "Price and Advertising Signals of Product Quality, "Journal of Political Economy, 94(4), 796-821.
    • (1986) Journal of Political Economy , vol.94 , Issue.4 , pp. 796-821
    • Milgrom, P.1    Roberts, J.2
  • 43
    • 11244257406 scopus 로고    scopus 로고
    • Continuing Patent Applications and Performance of the U.S. Patent and Trademark Office - Extended
    • Quillen, C.D., O.H. Webster, and R. Eichmann, 2002, "Continuing Patent Applications and Performance of the U.S. Patent and Trademark Office - Extended, "The Federal Circuit Bar Journal, 12(1), 35-55.
    • (2002) The Federal Circuit Bar Journal , vol.12 , Issue.1 , pp. 35-55
    • Quillen, C.D.1    Webster, O.H.2    Eichmann, R.3
  • 44
    • 18144383886 scopus 로고    scopus 로고
    • University-Incubator Firm Knowledge Flows: Assessing Their Impact on Incubator Firm Performance
    • Rothaermel, F. and M. Thursby, 2005a, "University-Incubator Firm Knowledge Flows: Assessing Their Impact on Incubator Firm Performance, "Research Policy, 34, 305-320.
    • (2005) Research Policy , vol.34 , pp. 305-320
    • Rothaermel, F.1    Thursby, M.2
  • 45
    • 18144430481 scopus 로고    scopus 로고
    • Incubator Firm Failure or Graduation? The Role of University Linkages
    • Rothaermel, F. and M. Thursby, 2005b, "Incubator Firm Failure or Graduation? The Role of University Linkages, "Research Policy, 34, 1076-1090.
    • (2005) Research Policy , vol.34 , pp. 1076-1090
    • Rothaermel, F.1    Thursby, M.2
  • 46
    • 0000887602 scopus 로고
    • The Structure and Governance of Venture Capital Organizations
    • Sahlman, W., 1990, "The Structure and Governance of Venture Capital Organizations, "Journal of Financial Economics, 2, 473-521.
    • (1990) Journal of Financial Economics , vol.2 , pp. 473-521
    • Sahlman, W.1
  • 47
    • 0034394879 scopus 로고    scopus 로고
    • Prior knowledge and the Discovery of Entrepreneurial Opportunities
    • Shane, S.A., 2000, "Prior knowledge and the Discovery of Entrepreneurial Opportunities, "Organization Science, 11, 448-469.
    • (2000) Organization Science , vol.11 , pp. 448-469
    • Shane, S.A.1
  • 49
    • 0036231832 scopus 로고    scopus 로고
    • Organizational Endowments and the Performance of University Start-ups
    • Shane, S.A. and T. Stuart, 2002, "Organizational Endowments and the Performance of University Start-ups, "Management Science, 48, 154-170.
    • (2002) Management Science , vol.48 , pp. 154-170
    • Shane, S.A.1    Stuart, T.2
  • 50
    • 36649032314 scopus 로고    scopus 로고
    • How Smart Is the Smart Money? A Two-Sided Matching Model of Venture Capital
    • Sorensen, M., 2007, "How Smart Is the Smart Money? A Two-Sided Matching Model of Venture Capital, "Journal of Finance, 62, 2725-2762.
    • (2007) Journal of Finance , vol.62 , pp. 2725-2762
    • Sorensen, M.1
  • 52
    • 0002013055 scopus 로고
    • Competitive and Optimal Responses to Signals: An Analysis of Efficiency and Distribution
    • Spence, M., 1974, "Competitive and Optimal Responses to Signals: An Analysis of Efficiency and Distribution, "Journal of Economic Theory, 7, 296-332.
    • (1974) Journal of Economic Theory , vol.7 , pp. 296-332
    • Spence, M.1
  • 53
    • 0033243272 scopus 로고    scopus 로고
    • Interorganizational Endorsements and the Performance of Entrepreneurial Ventures
    • Stuart, T., E.H. Hoang, and R. Hybels, 1999, "Interorganizational Endorsements and the Performance of Entrepreneurial Ventures, "Administrative Science Quarterly, 44, 315-349.
    • (1999) Administrative Science Quarterly , vol.44 , pp. 315-349
    • Stuart, T.1    Hoang, E.H.2    Hybels, R.3
  • 55
    • 84886678474 scopus 로고    scopus 로고
    • Angel Finance: The Other Venture Capital
    • D.D. Cumming, ed., Chapter 5, Hoboken, NJ, USA: Wiley Press
    • Wong, A., 2010, "Angel Finance: The Other Venture Capital, "in D.D. Cumming, ed., Chapter 5, Venture Capital: Investment Strategies, Structures and Policies, Hoboken, NJ, USA: Wiley Press, 71-110.
    • (2010) Venture Capital: Investment Strategies, Structures and Policies , pp. 71-110
    • Wong, A.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.