Financing High-Tech Startups

Using Productive Signaling to Efficiently Overcome the Liability of Complexity

Robin P. G. Tech (Autor)

Buch | Softcover

XIX, 206 Seiten

2019 | 1. Softcover reprint of the original 1st ed. 2018
Springer International Publishing (Verlag)
978-3-030-09761-5 (ISBN)

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This book examines the adverse effects of complexity, information asymmetries, transaction costs, and uncertainty on investors' decision making. It suggests mitigating those effects using appropriate and matching signals, and analyzes a sample of 903 German startups to quantitatively highlight the distinct financing patterns and characteristics of high-tech startups. It then investigates the reasons for these patterns on the basis of a qualitative study that includes 34 interviews with investors and entrepreneurs in the US and Germany and an international expert panel. Lastly, it presents a framework that matches complexity factors with appropriate productive signals.

Robin P. G. Tech is a researcher at the Humboldt Institute for Internet and Society in Berlin. He is the principal investigator of a research group that focuses on the entrepreneurial exploitation of the 'internet of things'. Prior to this, Robin studied Economics and Corporate Management at Zeppelin University (BA),Technology, Sociology, & Management (MSc) in Stockholm, and completed his MBA in Hong Kong. In his non-academic life, Robin is the co-founder of AtomLeap, a high-tech focused startup. He also worked in venture capital (2007), held a consulting position at the curating office Buro17 in Moscow (2009), worked for AUDI on inductive charging systems (2010-2011) and at the European Commission's EIT Labs (2012-2013) in the field of business modeling for renewable energies.

Introduction: High-Tech Startup Financing.- Theory: The Liability of Complexity.- Methodology: Mixed Methods Approach.- Study I: Survey of German Startups.- Study II: Interviews with Entrepreneurs and Investors.- Framework: Matching Signals with Complexities of High-Tech Strartups.- Discussion: Why Signals Can Help to Overcome the Liability of Complexity.- Conclusion: Taming Complexity.- Appendix.

Erscheinungsdatum	05.03.2022
Zusatzinfo	XIX, 206 p.
Verlagsort	Cham
Sprache	englisch
Maße	155 x 235 mm
Gewicht	355 g
Themenwelt	Wirtschaft ► Betriebswirtschaft / Management ► Finanzierung
Themenwelt	Wirtschaft ► Betriebswirtschaft / Management ► Unternehmensführung / Management
Schlagworte	Early Stage • investors • Liability of Complexity • Mixed Methods • Productive Signaling • Transactions Costs • Venture Capital
ISBN-10	3-030-09761-7 / 3030097617
ISBN-13	978-3-030-09761-5 / 9783030097615
Zustand	Neuware