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http://hdl.handle.net/1942/11795
Title: | The use of financial bootstrapping in small and medium-sized ventures and the impact on venture growth and performance | Authors: | LAVEREN, Eddy Helleboogh, David LYBAERT, Nadine |
Issue Date: | 2010 | Publisher: | EIASM / UM | Source: | Van Gils, Anita & Carree, Martin & Bammens, Yannick (Ed.) Proceedings Rent: The Entrepreneurial Process in a Changing Economy. p. 68-68. | Abstract: | This paper contributes to the general knowledge of bootstrap financing among new family ventures in two ways. Firstly, this research reveals which human capital characteristics of the owner-manager has an impact on financial bootstrapping use. The empirical results indicate that the use of bootstrapping techniques does not depend upon the founder’s education, but that it is a skill which is absorbed from self-employed parents or during the founder’s prior work and management experiences. Secondly, in line with the resource dependency theory, we show that a relationship between financial bootstrapping and venture growth is present. | Document URI: | http://hdl.handle.net/1942/11795 | Category: | C1 | Type: | Proceedings Paper |
Appears in Collections: | Research publications |
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