Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen:
https://hdl.handle.net/10419/17715
Kompletter Metadatensatz
DublinCore-Feld | Wert | Sprache |
---|---|---|
dc.contributor.author | Schertler, Andrea | en |
dc.date.accessioned | 2009-01-28T14:59:00Z | - |
dc.date.available | 2009-01-28T14:59:00Z | - |
dc.date.issued | 2000 | - |
dc.identifier.uri | http://hdl.handle.net/10419/17715 | - |
dc.description.abstract | The relationship between a venture capitalist and an entrepreneur is modeled to investigate the impact of public subsidies on venture capital investments in start-up enterprises. In this model, the venture capitalist only finances start-up enterprises if he has sufficient expertise to make high-risk investments in new technology profitable in terms of their expected value. It is shown that a venture capitalist who already has sufficient expertise reduces his management support in the start-up enterprise under a public subsidy. Moreover, venture capitalists who do not have sufficient expertise may finance start-up enterprises if future losses of the start-up investment are partly covered by the government. | en |
dc.language.iso | eng | en |
dc.publisher | |aKiel Institute of World Economics (IfW) |cKiel | en |
dc.relation.ispartofseries | |aKiel Working Paper |x1018 | en |
dc.subject.jel | L14 | en |
dc.subject.jel | G28 | en |
dc.subject.jel | G24 | en |
dc.subject.jel | D82 | en |
dc.subject.ddc | 330 | en |
dc.subject.keyword | venture capital | en |
dc.subject.keyword | double-sided moral hazard | en |
dc.subject.keyword | public subsidies | en |
dc.subject.keyword | start-up investments | en |
dc.subject.stw | Risikokapital | en |
dc.subject.stw | Unternehmensgründung | en |
dc.subject.stw | Investition | en |
dc.subject.stw | Finanzierung | en |
dc.subject.stw | Investitionspolitik | en |
dc.subject.stw | Subvention | en |
dc.subject.stw | Moral Hazard | en |
dc.subject.stw | Theorie | en |
dc.title | The Impact of Public Subsidies on Venture Capital Investments in Start-Up Enterprises | - |
dc.type | Working Paper | en |
dc.identifier.ppn | 859674258 | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
dc.identifier.repec | RePEc:zbw:ifwkwp:1018 | en |
dc.identifier.printppn | 323915795 | en |
Datei(en):
Publikationen in EconStor sind urheberrechtlich geschützt.