S.C. | LONDON
Past research has shown that exogenous shocks, such as recessions, can modify firm-level behaviour. This view is at odds with traditional theories which posit that firms base their financing decisions on sound economic analysis. But a firm is not a rational actor.
Heide B. Malhotra
Venture capital hard to come by for energy projects
Division of Faculty & Research
Harvard Business SchoolSoldiers Field
Boston, MA 02163