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