03482nam 22006255 450 991029819990332120200630225908.03-319-66155-810.1007/978-3-319-66155-1(CKB)4100000002892022(MiAaPQ)EBC5357943(DE-He213)978-3-319-66155-1(PPN)225552809(EXLCZ)99410000000289202220180302d2018 u| 0engurcnu||||||||txtrdacontentcrdamediacrrdacarrierFinancing High-Tech Startups Using Productive Signaling to Efficiently Overcome the Liability of Complexity /by Robin P. G. Tech1st ed. 2018.Cham :Springer International Publishing :Imprint: Springer,2018.1 online resource (216 pages)3-319-66154-X Introduction: High-Tech Startup Financing -- Theory: The Liability of Complexity -- Methodology: Mixed Methods Approach -- Study I: Survey of German Startups -- Study II: Interviews with Entrepreneurs and Investors -- Framework: Matching Signals with Complexities of High-Tech Strartups -- Discussion: Why Signals Can Help to Overcome the Liability of Complexity -- Conclusion: Taming Complexity -- Appendix.This book examines the adverse effects of complexity, information asymmetries, transaction costs, and uncertainty on investors’ decision making. It suggests mitigating those effects using appropriate and matching signals, and analyzes a sample of 903 German startups to quantitatively highlight the distinct financing patterns and characteristics of high-tech startups. It then investigates the reasons for these patterns on the basis of a qualitative study that includes 34 interviews with investors and entrepreneurs in the US and Germany and an international expert panel. Lastly, it presents a framework that matches complexity factors with appropriate productive signals. .New business enterprisesCorporations—FinanceManagementIndustrial managementEconomic policyIndustrial organizationStart-Ups/Venture Capitalhttps://scigraph.springernature.com/ontologies/product-market-codes/514030Corporate Financehttps://scigraph.springernature.com/ontologies/product-market-codes/612000Innovation/Technology Managementhttps://scigraph.springernature.com/ontologies/product-market-codes/518000R & D/Technology Policyhttps://scigraph.springernature.com/ontologies/product-market-codes/W43000Industrial Organizationhttps://scigraph.springernature.com/ontologies/product-market-codes/W31010New business enterprises.Corporations—Finance.Management.Industrial management.Economic policy.Industrial organization.Start-Ups/Venture Capital.Corporate Finance.Innovation/Technology Management.R & D/Technology Policy.Industrial Organization.658.15224Tech Robin P. Gauthttp://id.loc.gov/vocabulary/relators/aut1059235BOOK9910298199903321Financing High-Tech Startups2504724UNINA