Financing High-Tech Startups Using Productive Signaling to Efficiently Overcome the Liability of Complexity /

• Main Author: Tech, Robin P. G. (Author, http://id.loc.gov/vocabulary/relators/aut)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Cham : Springer International Publishing : Imprint: Springer, 2018.
• Edition: 1st ed. 2018.
• Subjects: New business enterprises.; Corporations-Finance.; Management.; Industrial management.; Economic policy.; Industrial organization.; Start-Ups/Venture Capital.; Corporate Finance.; Innovation/Technology Management.; R & D/Technology Policy.; Industrial Organization.

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...