Advances in Entrepreneurial Finance

With Applications from Behavioral Finance and Economics

  • Rassoul Yazdipour

Table of contents

  1. Front Matter
    Pages i-x
  2. Rassoul Yazdipour
    Pages 1-8
  3. Theoretical Foundation

    1. Front Matter
      Pages 9-9
  4. THEORETICAL FOUNDATION

  5. Issues in Financing Startups and Small Firms

    1. Front Matter
      Pages 119-119
  6. ISSUES IN FINANCING STARTUPS AND SMALL FIRMS

  7. Issues in Growth and Beyond

    1. Front Matter
      Pages 183-183
  8. ISSUES IN GROWTH AND BEYOND

  9. Back Matter
    Pages 251-254

About this book

Introduction

Advances in Entrepreneurial Finance brings together contributions from researchers from the fields of entrepreneurship, behavioral finance, psychology, and neuroscience to shed new light on the dynamics of decision making and risk taking by entrepreneurs and venture capitalists (VCs). Every new venture requires access to capital at competitive interest rates, and much has been written on general entrepreneurship by management scholars and financial contracting by financial economists using traditional finance theory with all its highly restrictive assumptions regarding decision makers’ cognitive capabilities and behavior. But recent developments in behavioral finance can now be applied to understand how entrepreneurs and VCs perceive risk and uncertainty and how they decide and act accordingly. Showcasing the latest research, this volume demonstrates that findings from the behavioral and neuroscience arenas can and do explain decision making by entrepreneurs and venture investors in the real world. Consequently, such findings have practical implications not only for entrepreneurs, venture capitalists, and their advisors, but also all government agencies and NGOs that want to support product and technological innovation, capital formation, job creation, and economic development.

Keywords

Behavioral economics Behavioral finance Entrepreneurial finance Entrepreneurial psychology Entrepreneurship Risk Small business finance Venture capital

Authors and affiliations

  • Rassoul Yazdipour
    • 1
  1. 1.FresnoUSA

Bibliographic information

  • DOI https://doi.org/10.1007/978-1-4419-7527-0
  • Copyright Information Springer Science+Business Media, LLC 2011
  • Publisher Name Springer, New York, NY
  • eBook Packages Business and Economics
  • Print ISBN 978-1-4419-7526-3
  • Online ISBN 978-1-4419-7527-0
  • About this book