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Sources of Financing for New Technology Firms: Evidence from the Kauffman Firm Survey
Journal Title: ARGOMENTI 
Author/s: Alicia Robb 
Year:  2010 Issue: 29 Language: Italian 
Pages:  32 Pg. 5-36 FullText PDF:  613 KB
DOI:  10.3280/ARG2010-029001
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This article uses data from the Kauffman Firm Survey to explore the financing sources and strategies of new technology-based firms. Findings reveal that technology-based firms, and particularly high tech firms, raise larger amounts of capital at startup than firms on average. These findings also suggest that, contrary to the Pecking Order and Life Cycle theories, owners of high tech firms are both willing and able to use external equity as a financing source.
Keywords: Firm’s financing, technology firms

Alicia Robb, Sources of Financing for New Technology Firms: Evidence from the Kauffman Firm Survey in "ARGOMENTI" 29/2010, pp. 5-36, DOI:10.3280/ARG2010-029001

   

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