Top 5 Research Papers on Startup Funding & Venture Capital

Dive Deep into Startup Funding: 5 Must-Read Research Papers

Looking to understand the intricacies of startup funding and venture capital? These five highly-regarded English research papers offer valuable insights into the field:

1. 'The Role of Venture Capital in Financing Small and Medium Sized Enterprises' (W. A. Smit) - This paper examines the critical role venture capital plays in funding small and medium-sized enterprises (SMEs). It analyzes how venture capital contributes to the growth and success of these companies while assessing its impact on their overall performance and capacity for innovation.

2. 'Angel Investors: Who They Are and What They Do' (Robert Wiltbank, Ph.D.) - Delve into the world of angel investors with this insightful paper. It explores their characteristics, motivations, and investment behaviors, providing a comprehensive understanding of how they evaluate and select promising startups. It also highlights the significant non-financial support and expertise they bring to early-stage ventures.

3. 'Venture Capital and the Financing of Entrepreneurship' (Josh Lerner) - This paper examines the profound impact of venture capital on the entrepreneurial landscape. It analyzes its influence on the growth, innovation, and competitiveness of startups while discussing the inherent limitations and risks associated with this funding model.

4. 'The Financing of Entrepreneurship: An Introduction' (William D. Bygrave, Jeffry A. Timmons) - Considered a seminal work in the field, this paper provides a comprehensive overview of entrepreneurial finance. It covers various funding stages and methods, including angel investment, venture capital, and private equity, offering a holistic perspective on securing capital for startups.

5. 'Entrepreneurial Finance and Innovation: An Introduction' (Gary D. Libecap, Elisa Mariscal) - Explore the symbiotic relationship between entrepreneurial finance and innovation in this insightful paper. It examines how innovation drives the need for funding while highlighting how access to capital can fuel the development and commercialization of groundbreaking ideas.

These papers offer a robust theoretical foundation and practical insights into the multifaceted world of startup funding. Note that some papers may require purchase or access through academic institutions.