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Patent Collateral, Investor Commitment, and the Market for Venture Lending

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NBER2014-10-01 更新2025-01-04 收录
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https://www.nber.org/papers/w20587
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资源简介:
The use of debt to finance risky entrepreneurial-firm projects is rife with informational and contracting problems. Nonetheless, we document widespread lending to startups in three innovation-intensive sectors and in early stages of development. At odds with claims that the secondary patent market
提供机构:
美国国家经济研究局
创建时间:
2014-10-01
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