Index of documents and other publications
RICAFE Working Papers
WP 078
Harry Yuklea(The Hebrew University of Jerusalem)
An Integrated Approach to VC Financing Policy: The Plumbers Model of Entrepreneurial Finance
WP 077
Michel A. Habib(Swiss Banking Institute), Ulrich Hege(HEC School of Management) and Pierre Mella-Barral(EDHEC Business School)
Entrepreneurial spawning and firm growth in innovative industries
WP 076
Milos Bozovic(Universitat Pompeu Fabra, SECCF and Laboratory for Quantitative Finance, Institute of Physics), Rasa Karapandza(Universitat Pompeu Fabra, SECCF and Laboratory for Quantitative Finance, Institute of Physics) and Branko Urosevic(University of Belgrade, SECCF and Laboratory for Quantitative Finance, Institute of Physics)
Valuing Legal Inefficiencies in Emerging Market Economies
WP 075
Milos Bozovic(Universitat Pompeu Fabra, SECCF and Laboratory for Quantitative Finance, Institute of Physics), Rasa Karapandza(Universitat Pompeu Fabra, SECCF and Laboratory for Quantitative Finance, Institute of Physics) and Branko Urosevic(University of Belgrade, SECCF and Laboratory for Quantitative Finance, Institute of Physics)
A Copula Approach to Cross-Market Diversification
WP 074
Vyacheslav Dombrovsky(Stockholm School of Economics in Riga and BICEPS)
Innovations and Human Capital of Business Owners: Evidence from SIBiL
WP 073
Vyacheslav Dombrovsky(Stockholm School of Economics in Riga and BICEPS), Boris Ginzburg(BICEPS) and Olga Rastrigina(BICEPS)
Is There Learning from Exporting? Firm-level Evidence from Latvia
WP 072
Branko Urosevic(University of Belgrade, SECCF and Laboratory for Quantitative Finance, Institute of Physics), Rasa Karapandza(Universitat Pompeu Fabra, SECCF and Laboratory for Quantitative Finance, Institute of Physics) and Milos Bozovic(Universitat Pompeu Fabra, SECCF and Laboratory for Quantitative Finance, Institute of Physics)
Market Risk Management in Emerging Markets: the Case of Western Balkans
WP 071
Armin Schwienbacher(University of Amsterdam and Louvain School of Management)
Financing Commitments and Investors Incentives in Entrepreneurial Firms
WP 070
Joop Hartog(University of Amsterdam, Tinbergen Institute and IZA) Mirjam van Praag(Amsterdam Center for Entrepreneurship, University of Amsterdam Tinbergen Institute, IZA and Max Planck Institute for Economics) and Justin van der Sluis(University of Amsterdam)
If you are so smart, why arent you an entrepreneur? Returns to cognitive and social ability: Entrepreneurs versus employees
WP 069
Ludovic Phalippou(University of Amsterdam)
Venture Capital Funds: Performance Persistence and Flow- Performance Relation
WP 068
Dirk Bergemann(Yale University), Ulrich Hege(HEC School of Management) and Liang Peng(Leeds School of Business)
Venture Capital and Sequential Investments
WP 067
Julia Hirscha(Iberoamerican University Mexico City) and Uwe Walz1(University Frankfurt and CFS)
Financing Choices and Corporate Governance along a Firm's Life Cycle
WP 066
Julia Hirscha(Iberoamerican University Mexico City) and Azin Sharifzadehb(Goethe University Frankfurt)
Geography and Contract Design in the Venture Capital Industry
WP 065
Patrick Herbst(Goethe University Frankfurt) and Eric Jahn (Goethe University Frankfurt)
R&D Competition and Strategic Trade Restrictions in the Market for Technology
WP 064
Sridhar Arcot(ESSEC Business School) and Valentina G. Bruno(Kogod School of Business)
Silence is not Golden: Corporate Governance Standards, Transparency, and Performance
WP 063
Mariassunta Giannetti(Stockholm School of Economics, CEPR and ECGI)
Liquidity Constraints and Occupational Choice
WP 062
C. Lelarge(CREST-OECD) D. Sraer(University of California, Berkeley) D. Thesmar(HEC Paris and CEPR)
Entrepreneurship and Credit Constraints Evidence from a French Loan Guarantee Program
WP 061
Amnon Frenkel(Samuel Neman Institute, Technion - Israel Institute of Technology)
The Intra-Metropolitan Competition for Attracting High-Tech Firms
WP 060
Ashish Arora(Heinz School of Public Policy and Management, Carnegie Mellon University) and Alfonso Gambardella(Bocconi University)
IT and regional development: lessons from the growth of the software industry in India, Ireland, Israel, Brazil and China
WP 059
Allen N. Berger(University of South Carolina, Wharton Financial Institutions Center and CentER Tilburg University), Geraldo Cerqueiro(CentER Tilburg University) and María Fabiana Penas(CentER Tilburg University)
Does Debtor Protection Really Protect Debtors? Evidence from the Small Business Credit Market
WP 058
Sharon Belenzon(Nuffield College, Oxford and CEP-LSE) and Mark Schankerman(London School of Economics and CEPR)
The impact of Private Ownership, Incentives and Local Development Objectives on University Technology Transfer Performance
WP 057
Ann Bartel(Columbia University and NBER), Saul Lach(The Hebrew University and CEPR) and Nachum Sicherman(Columbia University and IZA)
Outsourcing and Technological Innovations: A Firm-Level Analysis
WP 056
Philippe Aghion, Eric Bartelsman, Enrico Perotti and Stefano Scarpetta
Barriers to Exit, Experimentation and comparative advantage
WP 055
Ashish Arora(Heinz School of Public Policy and Management Carnegie Mellon University) and Surendrakumar Bagde(Heinz School of Public Policy and Management Carnegie Mellon University)
Private investment in human capital and Industrial development: The case of the Indian software industry
WP 054
Jan Bena(LSE) and tepán Jurajda(CERGE-EI)
Which Firms Benefit More from Financial Development?
WP 053
Marco Da Rin(Tilburg University, ECGI, and IGIER), Marina Di Giacomo(Università di Torino) and Alessandro Sembenelli(Università di Torino and Collegio Carlo Alberto)
Firm entry dynamics and the taxation of corporate profits: Evidence from firm-level data
WP 052
Gerard Llobet(CEMFI) and Javier Suarez(CEMFI, CEPR, and ECGI)
Financially Constrained Innovation, Patent Protection, and Industry Dynamics
WP 051
Joseph A. McCahery(Faculty of Economics and Econometrics, University of Amsterdam; Faculty of Law, Tilburg Law and Economics Center, Tilburg University; and ECGI) and Erik P.M. Vermeulen(Faculty of Law, Tilburg University, Tillberg Law and Economics Center; and Philips International B.V)
New Business Law and Innovation A Comparative Analysis
WP 050
Joseph A. McCahery(Faculty of Economics and Econometrics, University of Amsterdam; Faculty of Law, Tilburg Law and Economics Center, Tilburg University; and ECGI) and Erik P.M. Vermeulen(Faculty of Law, Tilburg University, Tillberg Law and Economics Center; and Philips International B.V)
The Contractual Structure and Regulation of Private Equity Funds and Hedge Funds
WP 049
Elisa Luciano(Università di Torino and Collegio Carlo Alberto) and Giovanna Nicodano(Università di Torino and Collegio Carlo Alberto)
Leverage and Firm Scope
WP 048
Katrin Tinn(Stockholm School of Economics)
Technology adoption with exit in imperfectly informed equity markets
WP 047
Mariassunta Giannetti (Department of Finance, Stockholm School of Economics, CEPR, and ECGI) and Andrei Simonov(Department of Finance, Stockholm School of Economics and CEPR)
Social Interactions and Entrepreneurial Activity
WP 046
Wolfgang Bessler(Center for Finance and Banking, Justus-Liebig-University Giessen) and Claudia Bittelmeyer(Center for Finance and Banking, Justus-Liebig-University Giessen)
Innovation and the Performance of Technology Firms
WP 045
Damiano Bonardo(University of Bergamo), Stefano Paleari(University of Bergamo) and Silvio Vismara(University of Bergamo)
Valuing University-based Firms
WP 044
Iain Cockburn(BU, NBER) and Stefan Wagner(INNOtec, LMU Munich)
Patents and the Survival of Internet-related IPOs
WP 043
Eren Inci(Sabanci University).
Success Breeds Success Locally: A Tale of Incubator Firms
WP 042
Guido Friebel(University of Toulouse (EHESS and IDEI) and CEPR ) and Mariassunta Giannetti(Stockholm School of Economics CEPR and ECGI) Fighting for Talent: Risk-Taking, Corporate Volatility, and Organizational Change
WP 041
Yuan Ding(China Europe International Business School -CEIBS), Eric Nowak(University of Lugano - USI and Swiss Finance Institute - SFI) and Hua Zhang(China Europe International Business School - CEIBS) Foreign vs. domestic listing: an entrepreneurial decision
WP 040
Carsten Bienz(Norwegian School of Economics and Business Administration, FMG-LSE and CFS) and Uwe Walz(University Frankfurt and CFS) Evolution of Decision and Control Rights in Venture Capital Contracts: An Empirical Analysis
WP 039
Laura Bottazzi(Bologna University and IGIER), Marco Da Rin(Tilburg University, ECGI and IGIER) and Thomas Hellmann(University of British Columbia) The Importance of Trust for Investments: Evidence from Venture Capital
WP 038
Frédéric Palomino(HEC Paris) and Eloic-anil Peyrache(HEC Paris) Job-Back Guarantees
WP 037
Tereza Tykvovà(ZEW Mannheim) Who chooses whom? Syndication, Skills and Reputation
WP 036
Augustin Landier(Stern School, New York University) and David Thesmar(HEC Paris) Financial Contracting with Optimistic Entrepreneurs: Theory and Evidence
WP 035
Mariassunta Giannetti(Stockholm School of Economics) and Xiaoyun Yu(Kelley School of Business, Indiana University) Favoritism in Capital Allocation
WP 034
Ashish Arora(Heinz School, Carnegie Mellon), Alfonso Gambardella(Bocconi University), Laura Magazzini(University of Verona) and Fabio Pammolli(University of Florence) A Breath of Fresh Air? Firm Types, Scale, Scope and Selection Effects in Drug Development
WP 033
Simon Parker(University of Durham) and Mirjam van Praag(University of Amsterdam) Schooling, Capital Constraints and Entrepreneurial Performance: The Endogenous Triangle
WP 032
Armin Schwienbacher Innovation and Venture Capital Exits
WP 031
Sridhar Arcot(FMG, LSE) and Valentina Bruno(FMG, LSE) In Letter but not in Spirit: An Analysis of Corporate Governance in the UK
WP 030
Thomas Hellmann(University of British Columbia) and Enrico Perotti(University of Amsterdam and CEPR) The Circulation of Ideas in Firms and Markets
WP 029
Christoph Zott(INSEAD) and Quy Nguyen Huy(INSEAD) How Entrepreneurs use Symbolic Management to acquire Resources
WP 028
Paolo Fulghieri(UNC) and Merih Sevilir(UNC) Size and Focus of a Venture Capitalist's Portfolio
WP 027
François Degeorge(Lugano, Switzerland), François Derrien(Rotman, Canada) and Kent L. Womack(Tuck, Dartmouth) Analyst Hype in IPOs: Explaining the Popularity of Bookbuilding
WP 026
Yael Hochberg(Kellogg, Northwestern), Alexander Ljungqvist(Stern, NYU) and Yang Lu(Stern, NYU) Whom You Know Matters: Venture Capital Networks and Investment Performance (forthcoming in The Journal of Finance)
WP 025
Thomas Chemmanur(Boston College), Shan He(Boston College) and Debarshi Nandy(York University, Canada) The Going Public Decision and the Product Market
WP 024
Carsten Bienz(FMG-LSE and CFS) and Julia Hirsch(Goethe University, Frankfurt) The Dynamics of Venture Capital Contracts
WP 023
Julia Hirsch(Goethe University, Frankfurt) Public Policy and Venture Capital Financed Innovation: A Contract Design Approach
WP 022
Laura Bottazzi(Bocconi University and IGIER), Marco Da Rin(Turin University, ECGI and IGIER) and Thomas Hellmann(University of British Columbia) What Role of Legal Systems in Financial Intermediation? Theory and Evidence
WP 021
Gerard Llobet(CEMFI) and Javier Suarez(CEMFI, CEPR and ECGI) Financing and the Protection of Innovators
WP 020
Sridhar Arcot(FMG and London School of Economics) Participating Convertible Preferred Stock in Venture Capital Exits
WP 019
Tereza Tykvovà(ZEW Mannheim) and Uwe Walz(Goethe University, Frankfurt, CFS and CEPR) Are IPOs of different VCs different?
WP 018
Gennaro Bernile(Simon School, Rochester), Douglas Cumming(University of New South Wales, Sydney) and Evgeny Lyandres(Jones School, Rice University) The Size of Venture Capitalists Portfolios
WP 017
Eugene Kandel(Hebrew University), Dima Leshchinskii(HEC, Paris and Rensselaer Polytechnic) and Harry Yuklea(Hebrew University) VC's Limited Horizon as a Source of Inefficiency
WP 016
Guido Friebel(University of Toulouse and CEPR) and Mariassunta Gianneti(SITE, Stockholm School of Economics and CEPR) Fighting for Talent: Risk-Taking, Corporate Volatility and Organizational Change
WP 015
Christian Diller(CEFS and Technischë Universität München) and Christoph Kaserer(CEFS and Technischë Universität München) What Drives Cash Flow Based European Private Equity Returns? Fund Inflows, Skilled GPs and/or Risk?
WP 014
Tuomos Takalo(Bank of Finland and IDEI), Tanja Tanayama(VTT Technology Studies and Helsinki School of Economics) and Otto Toivanen(HECER, University of Helsinki) Selection or Self-Rejection. Applications into a Treatment Program: The Case of R&D Subsidies
WP 013
Marco Da Rin(Turin University, ECGI and IGIER), Giovanna Nicodano(Turin University) and Alessandro Sembenelli(Turin University) Public Policy and the Creation of Active Venture Capital Markets
WP 012
Laura Bottazzi(Bocconi University, IGIER and CEPR) Marco Da Rin(Turin University, ECGI and IGIER) and Thomas Hellmann(University of British Columbia) Active Financial Intermediation: Evidence of the Role of Organizational Specialization and Human Capital
WP 011
François Degeorge(University of Lugano and CEPR) François Derrien(Rotman School of Management, University of Toronto) and Kent L. Womack(Tuck School of Business, Dartmouth College) Quid Pro Quo In IPOs: Why Book-Building is Dominating Auctions?
WP 010
Douglas Cumming(University of Alberta School of Business) Daniel Schmidt(Goethe University, Frankfurt) and Uwe Walz(Goethe University, Frankfurt and CFS) Legality and Venture Governance Around the World
WP 009
Douglas Cumming(University of Alberta School of Business) and Uwe Walz(Goethe University, Frankfurt and CFS) Private Equity Returns and Disclosure Around the World
WP 008
Daniel Schmidt and Mark Wahrenburg (Goethe University, Frankfurt) Contractual Relations between European-VC Funds and Investors: The Imapct of Reputation and Bargaining Power on Contractual Design
WP 007
Ibolya Schindele(Stockholm Institute of Financial Research and University of Amsterdam) Advice and Monitoring: Venture Financing with Multiple Tasks
WP 006
Gilles Chemla(UBC & CEPR), Michel Habib(University of Zurich) and Alexander Ljungqvist(Stern, NYU) An Analysis of Shareholder Agreements
WP 005
Alexander Ljungqvist(Stern, NYU) and Matthew Richardson(Stern, NYU) The Investment Behaviour of Private Equity Fund Managers
WP 004
Christian Keuschnigg(University of St. Gallen)) Public Policy and Venture Capital Backed Innovation
WP 003
Stefanie A. Franzke(CFS) Underpricing of Venture-Backed and Non Venture-Backed IPOs: Germany's Neuer Market
WP 002
Dirk Bergemann (Yale) and Ulrich Hege (HEC) The Value of Benchmarking
WP 001
Ulrich Hege (HEC), Frédéric Palomino (HEC) and Armin Schwienbacher (Namur) Determinants of Venture Capital Performance: Europe and the United States ^
|