Commercial complexity and entrepreneurial finance
- UNCG Author/Contributor (non-UNCG co-authors, if there are any, appear on document)
- Albert N. Link, Professor (Creator)
- Institution
- The University of North Carolina at Greensboro (UNCG )
- Web Site: http://library.uncg.edu/
Abstract: This paper shows that the probability of small business firms obtaining outside financing to support their research and development projects is greater given more complex commercial opportunities – defined as a greater number of different potential applications for a project’s anticipated results – for their innovations. The effects on the probability of outside finance found for other factors are consistent with the earlier findings in the literature about innovative entrepreneurial firms.
Commercial complexity and entrepreneurial finance
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Created on 2/22/2022
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Additional Information
- Publication
- Economics of Innovation and New Technology, 26:5, 489-500
- Language: English
- Date: 2017
- Keywords
- portfolio analysis, financial capital, entrepreneurship, research and development (R&D), Small Business Innovation Research (SBIR) program