Comparative Analysis of Theories and Features of Venture Financing
Keywords:
Venture financing, startup, innovation, high-tech market, venture investmentsAbstract
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
How to Cite
Issue
Section
License
Copyright (c) 2024 Suleyman Suleymanzade
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
The author fully assumes the content originality and the holograph signature makes him responsible in case of trial.
