Publications
Publications
- 2003
- Handbook of Entrepreneurship Research: An Interdisciplinary Survey and Introduction
Equity Financing
By: Paul Gompers and Joshua Lerner
Abstract
Equity financing for entrepreneurial firms has attracted increasing attention in
both the popular press and academic literature. The dramatic growth in the
venture capital industry in the past two decades has been accompanied by new
academic research that explores its form and function. Angel financing, while
less well understood, is also attracting attention. At the same time, many of
the questions that are most critical to policy-makers remain unanswered. Thus,
this chapter has a two-fold role: To summarize and synthesize what we do
know about equity finance or entrepreneurial firms from recent research, and
to indicate the important questions that we cannot yet answer.
Keywords
Citation
Gompers, Paul, and Joshua Lerner. "Equity Financing." In Handbook of Entrepreneurship Research: An Interdisciplinary Survey and Introduction, by Zoltan J. Acs and David B. Audretsch, 267–298. Boston, MA: Kluwer Academic Publishers, 2003.