The money of invention: how venture capital creates new wealth

By Paul A. Gompers, Josh Lerner. UBIQ, 2001

385 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/a6f9a7e3026ed5589edd869a0e1f882c285c5e53

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Citations in the corpus

The impact of venture capital on innovation behaviour and firm growth (2010, background): “Given such a situation, venture capital management funds take advantage of their role as specialized finance intermediaries (Gompers and Lerner 1999, 2001; Kanniainen and Keuschnigg 2004; Keuschnigg and Nielsen 2004).”
Agency Costs, Institutions, Learning and Taxation in Venture Capital Contracting (2005, neutral): “Hart and Moore (1994) argue that greater managerial rents exist with the intangible assets in technology firms because they are harder to replace.”
Two Sides of the Same Coin (2012, background): “At the same time, other work indicates that concerns about an organization’s product and market weigh heavily in investment decisions (Tyebjee and Bruno, 1984; Gompers and Lerner, 2001).”
Why encouraging more people to become entrepreneurs is bad public policy (2009, background): “…backing between 1972 and 2000 comprised 20 percent of all public companies in the United States, 11 percent of their sales, 13 percent of their profits, 6 percent of their employees, and onethird of their market value, a figure in excess of $2.7 trillion dollars (Gompers and Lerner 2001).”
Venture Capital Investment And The Performance Of Entrepreneurial Firms: Evidence From China (2013, background): “Thus, VCs differentiate themselves from traditional financiers in terms of efficiently dealing with profound information and uncertainty issues associated with the investment (Salhman, 1990; Gompers and Lerner, 2001).”
Open Innovation in Practice: An Analysis of Strategic Approaches to Technology Transactions (2008, background): “Although corporate venture capital has been shown to vary widely over the investment cycle [82], a dedicated corporate venturing unit is strongly related to external technology exploitation.”
Prediction and control under uncertainty: Outcomes in angel investing (2009, methodology): “W iltbank et al. / Journal of B usiness Venturing 24 (2009) 116–133 Participation, post-investment enables investors to potentially add value to a venture beyond just their cash infusion (Gompers and Lerner, 2001; Boeker and Wiltbank, 2005).”
Entrepreneurship: A Weak Link in the Welfare State (2005, positive): “This is achieved by means of developing arrangements that align the incentives of the three agents – investors, venture capitalists and entrepreneurial startups (Zider 1998; Gompers and Lerner 2001).”