Business Creation and the Stock Market

By Claudio Michelacci, Javier Suárez. 2004

186 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/810386f2e1099e08f963d2944a7c5588afc6bcd5

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Citations in the corpus

Institutions and Venture Capital (2013, background): “The presence of well-developed stock markets will then boost the effect of an active venture capital market on innovation and growth, because holding periods are shortened, and more young and innovative firms are able to benefit from the skills and capital venture capitalists provide (Michelacci and”
Start-Up Investment with Scarce Venture Capital Support (2004, background): “Michelacci and Suarez (2002) point to the important role of stock markets in facilitating exit and thereby allowing for a faster recycling of informed capital.”
Was There Too Little Entry During the Dot Com Era (2007, background): “If the arrival of the internet were interpreted as an increase in the rate of technological progress, Michelacci and Suarez (2004) predict younger companies going public and an increase in startups (Fact 2).”
Firm selection and corporate cash holdings (2020, background): “3Michelacci and Suarez (2004) propose a model where technological spillovers and market externalities reduce the costs for start-ups to go public.”
Innovation And Venture Capital Exits (2004, unknown): “Michelacci and Suarez (2004) provide a further rationale for the 7 importance of IPOs for the venture capital market; they provide a way to recycle invested funds by buying out the venture capitalist who can invest again in new ventures.”
Public Policy and the Creation of Active Venture Capital Markets (2006, background): “[64] Michelacci, Claudio, and Javier Suarez (2004) ’Business Creation and the Stock Market,’ Review of Economic Studies, 71 (2), 459—81.”