Chapter 6 Who You are and What You do: The Role of Entrepreneurial Human Capital in the Demand and Supply of External Finance of High-Tech Start-Ups

Abstract

The existence of adequate financial capital at start-up as well as during the lifetime of a firm is considered to be vital not only for its survival but also for its effective trading and growth, as it can act as a buffer against unforeseen difficulties (Cooper, Gimeno-Gascon, & Woo, 1994; Chandler & Hanks, 1998; Venkataraman & Van de Ven, 1998; Cassar, 2004). Inadequate or inappropriate capital structure is often the most common reason for a large proportion of small business failures (Chaganti, DeCarolis, & Deeds, 1995).

Citation

Ganotakis, P. (2010), "Chapter 6 Who You are and What You do: The Role of Entrepreneurial Human Capital in the Demand and Supply of External Finance of High-Tech Start-Ups", Oakey, R., Groen, A., Cook, G. and Van Der Sijde, P. (Ed.) New Technology-Based Firms in the New Millennium (New Technology Based Firms in the New Millennium, Vol. 8), Emerald Group Publishing Limited, Leeds, pp. 69-88. https://doi.org/10.1108/S1876-0228(2010)0000008008