Financial capital and startup survival

• Main Authors: LEE, Jeongsik, ZHANG, Wei
• 格式: text
• 語言: English
• 出版: Institutional Knowledge at Singapore Management University 2011
• 主題: Entrepreneurial and Small Business Operations; Finance and Financial Management; Strategic Management Policy
• 在線閱讀: https://ink.library.smu.edu.sg/lkcsb_research/7627; https://ink.library.smu.edu.sg/context/lkcsb_research/article/8626/viewcontent/ssrn_1659046.pdf

Are entrepreneurs liquidity-constrained? We attempt to answer this question by investigating the impact of financial capital on startup survival. The analysis of about 5,000 startups from the Kauffman Firm Survey data shows that, controlling for human capital, having some type of financial capital i...