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Author: Thomas F. Hellmann Publisher: ISBN: Category : Languages : en Pages : 43
Book Description
Venture capital is widely believed to be an influential arrangement for the financing of new innovative companies. We examine and find empirical evidence that venture capital financing is related to product market strategies and outcomes of startups. We use a unique hand-collected database of Silicon Valley high technology start-ups, that contains both venture capital and non-venture capital backed firms, and that contains firm-specific data on initial product market strategies, subsequent financing patterns, and the time it takes a firm to bring its product to market. We find that firms that are pursuing an innovator strategy are significantly more likely and faster to obtain venture capital. The presence of a venture capitalist is also associated with a significant reduction in the time taken to bring a product to market, especially for innovators. Further, firms are more likely to list obtaining venture capital as a significant milestone in the lifecycle of the company as compared to other financing events. Our results suggest significant interrelations between investor type and product market dimensions, and a potential role of venture capital for innovative companies.
Author: Thomas F. Hellmann Publisher: ISBN: Category : Languages : en Pages : 43
Book Description
Venture capital is widely believed to be an influential arrangement for the financing of new innovative companies. We examine and find empirical evidence that venture capital financing is related to product market strategies and outcomes of startups. We use a unique hand-collected database of Silicon Valley high technology start-ups, that contains both venture capital and non-venture capital backed firms, and that contains firm-specific data on initial product market strategies, subsequent financing patterns, and the time it takes a firm to bring its product to market. We find that firms that are pursuing an innovator strategy are significantly more likely and faster to obtain venture capital. The presence of a venture capitalist is also associated with a significant reduction in the time taken to bring a product to market, especially for innovators. Further, firms are more likely to list obtaining venture capital as a significant milestone in the lifecycle of the company as compared to other financing events. Our results suggest significant interrelations between investor type and product market dimensions, and a potential role of venture capital for innovative companies.
Author: Shankar Ganesan Publisher: Edward Elgar Publishing ISBN: 1849806047 Category : Business & Economics Languages : en Pages : 337
Book Description
Many organizations have found that the value to business operations and financial performance created by the marketing function has become very important. The need to demonstrate this importance has also become clear. Top managers are constantly challenging marketers to document marketing's contribution to the bottom-line and link marketing investments and assets to metrics that matter to them. This Handbook relates marketing actions to various types of risk and return metrics that are typically used in the domain of finance. It provides current knowledge of this marketing-finance interface in a single, authoritative volume and brings together new cutting-edge research by established marketing scholars on a range of topics in the area. The research in the marketing-finance interface spans tactical and strategic marketing actions related to the creation, communication, delivery and appropriation of the value proposition. The chapters, specifically written for this Handbook, draw on theoretical developments in economics, accounting, finance, psychology and cutting-edge statistical and econometric approaches. Academics and doctoral students in marketing, accounting, finance, and applied economics, along with marketing and brand strategy-focused business practitioners and consultants, will appreciate the state-of-the-art research herein.
Author: Franklin Allen Publisher: Pearson Prentice Hall ISBN: 0137083319 Category : Business & Economics Languages : en Pages : 262
Book Description
Financial innovation can drive social, economic, and environmental change, transforming ideas into new technologies, industries, and jobs. But when it is misunderstood or mismanaged, the consequences can be severe. In this practical, accessible book, two leading experts explain how sophisticated capital structures can enable companies and individuals to raise funding in larger amounts for longer terms and at lower cost—accomplishing tasks that would otherwise be impossible. The authors recount the history and basic principles of financial innovation, showing how new instruments have evolved, and how they have been used and misused. They thoroughly demystify complex capital structures, offering a practical toolbox for entrepreneurs, corporate executives, and policymakers. Financing the Future presents clear, thorough discussions of the current role of financial innovation in capitalizing businesses, industries, breakthrough technologies, housing solutions, medical treatments, and environmental projects. It also presents a full chapter of lessons learned: essential insights for stabilizing the economy and avoiding pitfalls. Distinguishing genuine innovation from dangerous copycats Crafting sustainable financial innovations that add value and manage risk The best tools for the job: choosing them, customizing them, using them Selecting the right instruments and structures, and making the most of them Financial innovations for business, housing, and medical research Finding new and better ways to promote entrepreneurship and advance social goals Innovating to save the planet and help humanity The power of finance to protect natural resources and alleviate global poverty This is the first in a new series of books on financial innovation, published through a collaboration between Wharton School Publishing and the Milken Institute. Future titles will focus on specific policy areas such as housing and medical research. The Milken Institute is an independent economic think tank whose mission is to improve the lives and economic conditions of diverse populations in the United States and around the world by helping business and public policy leaders identify and implement innovative ideas for creating broad-based prosperity. It puts research to work with the goal of revitalizing regions and finding new ways to generate capital for people with original ideas.
Author: Christine Moorman Publisher: ISBN: Category : Business & Economics Languages : en Pages : 304
Book Description
"Offering a diverse set of approaches, from stock market response modeling to historical analysis, Assessing Marketing Strategy Performance aims to foster new and more effective thinking about the value of marketing and the productivity of marketing investments. It will be a valuable resource to those seeking to better understand marketing's role in the firm"--
Author: Anjan Thakor Publisher: World Scientific ISBN: 9814520934 Category : Business & Economics Languages : en Pages : 197
Book Description
This book, written entirely by faculty at the Olin Business School, Washington University in St. Louis, provides a variety of practical and implementable perspectives on innovation for managers. In addition, the book contains chapters that provide reviews of the academic research on innovation in the faculty members' specific areas of expertise. In taking this multifunctional approach to innovation, the focus of the book is not just on what is currently considered to be “best practice”. Rather, it is on bringing to managers the cutting-edge knowledge that is being generated by academic research that goes beyond current best practice.
Author: Vemi?, Milan B. Publisher: IGI Global ISBN: 1522519505 Category : Business & Economics Languages : en Pages : 463
Book Description
Business sustainability is becoming increasingly difficult amongst the demands of today’s markets. By implementing new and dynamic practices, organizations can optimize their day-to-day operations and improve competitive advantage. Optimal Management Strategies in Small and Medium Enterprises is a key source on the latest innovations in enhancing all main management functions, such as working capital and marketing, and examines how to implement sustainable business management practices. Featuring extensive coverage across a range of relevant perspectives and topics, such as human resources development, market orientation, and knowledge management, this book is ideally designed for business managers, professionals, graduate students, and researchers working in the field of smaller-scale business development initiatives.
Author: Dawn R. DeTienne Publisher: Edward Elgar Publishing ISBN: 1782546979 Category : Business & Economics Languages : en Pages : 286
Book Description
With contributions from authors around the globe, Research Handbook of Entrepreneurial Exit explores this most important phenomenon in the entrepreneurial journey. This book presents a comprehensive review of the current issues in entrepreneurial exits
Author: David Lingelbach Publisher: Walter de Gruyter GmbH & Co KG ISBN: 3110726319 Category : Business & Economics Languages : en Pages : 436
Book Description
As of early 2022, seven of the ten largest firms in the world by market capitalization had been funded through various types of entrepreneurial finance. This handbook provides an up-to-date survey of what we know about this significant phenomenon in all its forms, and where our knowledge about it needs to head from here. The handbook embraces a wide range of established and emerging academic and practitioner voices across the globe to explore the theoretical and practical flux and tension in the field. Until recently, most studies have taken a supply side perspective, focusing on the perspective of those who provide funding to new ventures. This book takes a different, demand side perspective, beginning with the entrepreneur and gradually broadening our view to include close by and then more distant funding sources. Following this approach, it is organized into four parts detailing the individual level (founders’ resources, bricolage and bootstrapping, effectuation and portfolio entrepreneurship); the inner circle (informal financing, business groups, incubators and accelerators); the wider world (formal debt, microfinance, venture capital, corporate venture capital, business angels, government funding and family offices); and emerging perspectives (non-Western perspectives, gender, indigenous perspectives, post-conflict and disaster zones and ethics). The introduction considers the general state of the field, while the conclusion takes on additional topics relevant to entrepreneurial finance, such as decentralized finance, big data, behavioral economics, financial innovation and COVID-19, as well as possible ways in which entrepreneurial finance can have a greater impact on other disciplines. This handbook will be a core reference work for researchers, practitioners, and policy makers seeking an up-to-date academic survey of entrepreneurial finance. It can also be used as a primary text in Ph.D. seminars in entrepreneurship, entrepreneurial finance, and finance. Instructors in Master’s level courses in entrepreneurial finance and venture capital will also find the book of benefit.
Author: Thomas F. Hellmann
Author: Thomas F. Hellmann
Author: Thomas Hellmann
Author: Shankar Ganesan
Author: Franklin Allen
Author: Christine Moorman
Author: 
Author: Anjan Thakor
Author: Vemi?, Milan B.
Author: Dawn R. DeTienne
Author: David Lingelbach