The authors concede a limitation of their own proposal: the innovation potential identified by venture capital finance allocation may not always be shared by the market at large.
Source quote, verbatim
the innovation potential identified by venture capital finance allocation may not always be shared by the market at large.
From
Wulf A. Kaal, Erik P.M. Vermeulen, Venture Capital as Dynamic Regulation of Disruptive Innovation (2016), VII. Venture Capital as Dynamic Regulation of Disruptive Innovation, p. 48 https://ssrn.com/abstract=2740477 · source PDF
Cite as
Wulf A. Kaal, Erik P.M. Vermeulen, Venture Capital as Dynamic Regulation of Disruptive Innovation (2016). SSRN: https://ssrn.com/abstract=2740477
Holds when
technology companies increasingly staying private
market undervaluation of formerly venture capital financed companies
Classification
failuresupport: arguedfailure: Venture capital signal not validated by the marketfamily: measurement-and-metric-failureinnovationlaw-and-legal-systemseconomics
Related claims
extended_bykaal:claim:2808132-046 The authors concede that the trend for venture-capital-financed technology companies to stay private and the m...
Verify
The quote above is an exact substring of the source PDF, whose sha256 is c72871b76fa2ad5a8a69ee8d3defc8f64e624be9052ce763e79cf6c58883f726. Extraction method: pdf-text-layer. Attestation record: colloquium/attestations/c05e840ed819530a...json Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/2740477-038.md | sha256sum