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http://hdl.handle.net/10419/25589
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| Title: | | Smart capital in German start-ups: an empirical analysis  |
| Authors: | | Schäfer, Dorothea Schilder, Dirk |
| Issue Date: | | 2007 |
| Series/Report no.: | | Jena economic research papers 2007,015 |
| Abstract: | | It is still an open question what kind of smart capital relational investors actually supply. We divide smart capital into several components and conduct a survey among 85 German suppliers of start-up finance. The results show that the degree of smartness is determined by the financial product used and also by the financiers institutional background, the duration of the investment and the stage of development of the firm being financed. |
| Subjects: | | Smart capital start-up financing venture capital banks |
| JEL: | | G21 G24 D21 M13 O16 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Jena Economic Research Papers, MPI für Ökonomik
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