TY - BOOK AU - Grünhagen,Marc ED - SpringerLink (Online service) TI - The Evolution of Entrepreneurs` Fund-Raising Intentions: A Multiple Case Study of Financing Processes in New Ventures T2 - Entrepreneurship, SN - 9783834997975 AV - HD28-70 U1 - 658.514 PY - 2008/// CY - Wiesbaden PB - Gabler Verlag, Imprint: Gabler Verlag KW - Management KW - Industrial management KW - Finance KW - Innovation/Technology Management KW - Finance, general N1 - 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 N2 - 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 UR - https://s443-doi-org.br.lsproxy.net/10.1007/978-3-8349-9797-5 ER -