The Evolution of Entrepreneurs` Fund-Raising Intentions A Multiple Case Study of Financing Processes in New Ventures /
Grünhagen, Marc.
The Evolution of Entrepreneurs` Fund-Raising Intentions A Multiple Case Study of Financing Processes in New Ventures / [electronic resource] : by Marc Grünhagen. - 1st ed. 2008. - XV, 368 p. online resource. - Entrepreneurship, 2627-2547 . - Entrepreneurship, .
Outline of problem and overview -- Epistemological concept: entrepreneurs as human agents -- New ventures: definition, financing needs, and legitimacy -- Financiers' legitimacy demands and the evolution of entrepreneurs' fund-raising intentions -- Multiple case studies of fund-raising processes in new ventures -- Conclusions and implications for research and practice.
Acquiring the necessary funding from discerning investors and lenders is regarded as a notorious problem for new ventures in Germany. Entrepreneurs' deciding to adjust capital requirements or terminate the fund-raising struggle altogether affect the sustainable growth of new ventures. Yet, entrepreneurship research knows relatively little about the actual course of entrepreneurs' fund-raising attempts during the start-up process. Marc Grünhagen examines the evolution of fund-raising struggles in eleven in-depth case studies of seed and early stage ventures. In particular, the book zooms in on potential influence factors triggering changes in entrepreneurs' fund-raising intentions over time. The empirical analysis offers a novel model of task-specific entrepreneurial intentions and their cognitive antecedents in the context of investors' demands for new venture legitimacy. The findings suggest two core recommendations for supporting growth-oriented fund-raising processes: a) to build legitimizing potential and b) to ensure sufficient financial scope for flexible adaptations throughout the financing struggle.
9783834997975
10.1007/978-3-8349-9797-5 doi
Management.
Industrial management.
Finance.
Innovation/Technology Management.
Finance, general.
HD28-70
658.514
The Evolution of Entrepreneurs` Fund-Raising Intentions A Multiple Case Study of Financing Processes in New Ventures / [electronic resource] : by Marc Grünhagen. - 1st ed. 2008. - XV, 368 p. online resource. - Entrepreneurship, 2627-2547 . - Entrepreneurship, .
Outline of problem and overview -- Epistemological concept: entrepreneurs as human agents -- New ventures: definition, financing needs, and legitimacy -- Financiers' legitimacy demands and the evolution of entrepreneurs' fund-raising intentions -- Multiple case studies of fund-raising processes in new ventures -- Conclusions and implications for research and practice.
Acquiring the necessary funding from discerning investors and lenders is regarded as a notorious problem for new ventures in Germany. Entrepreneurs' deciding to adjust capital requirements or terminate the fund-raising struggle altogether affect the sustainable growth of new ventures. Yet, entrepreneurship research knows relatively little about the actual course of entrepreneurs' fund-raising attempts during the start-up process. Marc Grünhagen examines the evolution of fund-raising struggles in eleven in-depth case studies of seed and early stage ventures. In particular, the book zooms in on potential influence factors triggering changes in entrepreneurs' fund-raising intentions over time. The empirical analysis offers a novel model of task-specific entrepreneurial intentions and their cognitive antecedents in the context of investors' demands for new venture legitimacy. The findings suggest two core recommendations for supporting growth-oriented fund-raising processes: a) to build legitimizing potential and b) to ensure sufficient financial scope for flexible adaptations throughout the financing struggle.
9783834997975
10.1007/978-3-8349-9797-5 doi
Management.
Industrial management.
Finance.
Innovation/Technology Management.
Finance, general.
HD28-70
658.514