This book examines the adverse effects of complexity, information asymmetries, transaction costs, and uncertainty on investors’ decision making. It suggests mitigating those effects using appropriate and matching signals, and analyzes a sample of 903 German startups to quantitatively highlight the distinct financing patterns and characteristics of high-tech startups. It then investigates the reasons for these patterns on the basis of a qualitative study that includes 34 interviews with investors and entrepreneurs in the US and Germany and an international expert panel. Lastly, it presents a framework that matches complexity factors with appropriate productive signals.
- ISBN: 978-3-319-66154-4
- Editorial: Springer
- Encuadernacion: Cartoné
- Fecha Publicación: 12/04/2018
- Nº Volúmenes: 1
- Idioma: Inglés