The concept of entrepreneurial ecosystems has been gaining considerable attention during
the past decade among practitioners, policymakers, and researchers. However, to date …

We review the recent literature on the financing of innovation, inclusive of large companies
and new start-ups. This research strand has been very active over the past five years …

Venture capital is associated with some of the most high-growth and influential firms in the
world. Academics and practitioners have effectively articulated the strengths of the venture …

Initial coin offerings (ICOs) have emerged as a new mechanism for entrepreneurial finance,
with parallels to initial public offerings, venture capital, and presale crowdfunding. In a …

Accelerator programs are an increasingly important part of entrepreneurial ecosystems.
While accelerators have core defining features—fixed-term, cohort-based educational and …

Entrepreneurship research is on the rise but many questions about the fundamental nature
of entrepreneurship still exist. We argue that entrepreneurship is about experimentation; the …

This paper uses a randomized field experiment to identify which start‐up characteristics are
most important to investors in early‐stage firms. The experiment randomizes investors' …

We provide evidence on the value of patents to startups by leveraging the quasi‐random
assignment of applications to examiners with different propensities to grant patents. Using …

The deregulation of securities laws—in particular the National Securities Markets
Improvement Act (NSMIA) of 1996—has increased the supply of private capital to late-stage …

Generative Artificial Intelligence (GenAI) tools have become increasingly prevalent in
software development, offering assistance to various managerial and technical project …