Southville International School and Colleges

Cost of experimentation and the evolution of venture capital / by Michael Ewens, Ramana Nanda, Matthew Rhodes-Kropf (Record no. 361342)

000 -LEADER
fixed length control field 01594nam a22001937a 4500
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 190312b xxu||||| |||| 00| 0 eng d
022 ## - INTERNATIONAL STANDARD SERIAL NUMBER
International Standard Serial Number 0304-405X
245 ## - TITLE STATEMENT
Title Cost of experimentation and the evolution of venture capital / by Michael Ewens, Ramana Nanda, Matthew Rhodes-Kropf
Statement of responsibility, etc Michael Ewens, Ramana Nanda, Matthew Rhodes-Kropf
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication, distribution, etc Amsterdam
Name of publisher, distributor, etc Elsevier
Date of publication, distribution, etc June 2018
300 ## - PHYSICAL DESCRIPTION
Extent Pages 422-442
440 ## - SERIES STATEMENT/ADDED ENTRY--TITLE
Title Journal of Financial Economics
Volume number/sequential designation 128 (3)
International Standard Serial Number 0304-405X
520 ## - SUMMARY, ETC.
Summary, etc Abstract
We study how technological shocks to the cost of starting new businesses have led the venture capital model to adapt in fundamental ways over the prior decade. We both document and provide a framework to understand the changes in the investment strategy of venture capitalists (VCs) in recent years – an increased prevalence of a “spray and pray” investment approach – where investors provide a little funding and limited governance to an increased number of startups that they are more likely to abandon, but where initial experiments significantly inform beliefs about the future potential of the venture. This adaptation and related entry by new financial intermediaries has led to a disproportionate rise in innovations where information on future prospects is revealed quickly and cheaply, and reduced the relative share of innovation in complex technologies where initial experiments cost more and reveal less.
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN)
Topical term or geographic name as entry element Innovation
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN)
Topical term or geographic name as entry element Venture capital
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN)
Topical term or geographic name as entry element Entrepreneurship
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN)
Topical term or geographic name as entry element Investing
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN)
Topical term or geographic name as entry element Abandonment options
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Source of classification or shelving scheme
Item type Periodicals
Holdings
Permanent location Date last seen Lost status Date acquired Damaged status Withdrawn status Koha item type Current location Source of classification or shelving scheme Shelving location Price effective from
College Library2019-03-12 2019-03-12  PeriodicalsCollege Library Periodical Section2019-03-12
Powered by Koha