Dicovery in The New Economy. Why Entrepreneurs May not Contract with Investors

Helmut Dietl, Egon Franck and Stefan Winter ()
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Stefan Winter: Institute for Strategy and Business Economics, University of Zurich

No 17, Working Papers from University of Zurich, Institute for Strategy and Business Economics (ISU)

Abstract: Why is discovery in the Old Economy mostly financed by investors whereas entrepreneurs in the New Economy usually remain self-employed? The paper tries to answer this question based on a semi-formal analysis.

Date: 2003
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Published in: Modern Concepts of the Theory of the Firm, Berlin (Springer), 2004, S. 386-397.

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Persistent link: https://EconPapers.repec.org/RePEc:iso:wpaper:0017

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