Innovation and Venture Capital Exits
- 1 January 2004
- preprint
- Published by Elsevier in SSRN Electronic Journal
Abstract
This paper analyzes how startups financed by venture capital choose their innovation strategy based on the investor's exit preferences, and thereby form differeKeywords
All Related Versions
This publication has 51 references indexed in Scilit:
- Evolution of Decision and Control Rights in Venture Capital Contracts: An Empirical AnalysisSSRN Electronic Journal, 2006
- The role of venture capital in the creation of public companies: Evidence from the going-public processPublished by Elsevier ,2002
- Convertible securities and optimal exit decisions in venture capital financeJournal of Corporate Finance, 2001
- Venture capital financing, moral hazard, and learningJournal of Banking & Finance, 1998
- Venture Capital and the Structure of Capital Markets: Banks Versus Stock MarketsSSRN Electronic Journal, 1996
- Can Takeover Losses Explain Spin-Off Gains?Journal of Financial and Quantitative Analysis, 1995
- The Management of InnovationThe Quarterly Journal of Economics, 1994
- A Control Theory of Venture Capital FinanceJournal of Law, Economics, and Organization, 1994
- Competition and Price Dispersion in the U.S. Airline IndustryJournal of Political Economy, 1994
- An Incomplete Contracts Approach to Financial ContractingThe Review of Economic Studies, 1992