Commercial complexity and entrepreneurial finance

被引:5
|
作者
Scott, Troy J. [1 ]
Scott, John T. [2 ]
Link, Albert N. [3 ]
机构
[1] RTI Int, Res Triangle Pk, NC 27709 USA
[2] Dartmouth Coll, Dept Econ, Hanover, NH 03755 USA
[3] Univ North Carolina Greensboro, Dept Econ, Greensboro, NC USA
关键词
Portfolio analysis; financial capital; entrepreneurship; research and development(R&D); Small Business Innovation Research (SBIR) program;
D O I
10.1080/10438599.2016.1236474
中图分类号
F [经济];
学科分类号
02 ;
摘要
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.
引用
收藏
页码:489 / 500
页数:12
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