Comparative Analysis of Theories and Features of Venture Financing

Authors

  • Suleyman Suleymanzade

Keywords:

Venture financing, startup, innovation, high-tech market, venture investments

Abstract

The article examines various theories and models of venture financing. Theories and models are analyzed and compared, highlighting their advantages and disadvantages. The characteristics, specifics, and features of each venture financing theory are presented. Different stages, elements, and mechanisms of each theory and model of venture financing are explored. The significance of each theory and model is interpreted by identifying their positive and negative aspects. Features of the financial mechanism of venture investments are characterized. The direction of financial flows and the specifics of venture investments in the high-tech market are described.

References

Agrawal, A.; Catalini, C. & Goldfarb, A. (2011). The Geography of Crowdfunding. NBER Working Paper No. 16820.

Akerlof, G. A. (1970). The Market for Lemons: Quality Uncertainty and the Market Mechanism. The Quarterly Journal of Economics, 84(3), pp. 488-500.

Gompers, P. A. & Lerner, J. (2001). The Money of Invention: How Venture Capital Creates New Wealth. Harvard Business Review Press.

Kaplan, S. N. & Strömberg, P. (2004). Characteristics, Contracts, and Actions: Evidence from Venture Capitalist Analyses. The Journal of Finance, 59(6), pp. 2173-2206.

Leroy, A. (2022). Venture Capital. New York: Business Expert Press.

Metrick, A. & Yasuda, A. (2010). Venture Capital and Other Private Equity: A Survey. . European Financial Management, 16(3), pp. 393-449.

Moore, J. F. (1993). Predators and Prey: A New Ecology of Competition. Harvard Business Review.

Downloads

Published

2024-09-10

How to Cite

Suleymanzade, S. (2024). Comparative Analysis of Theories and Features of Venture Financing. Acta Universitatis Danubius. Œconomica, 20(4), 267–272. Retrieved from https://dj.univ-danubius.ro/index.php/AUDOE/article/view/2973

Issue

Section

Financial Economics