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

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

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Publisher Info
Paper provided by University of Zurich, Institute for Strategy and Business Economics (ISU) in its series Working Papers with number 0017.

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Date of creation: 2003
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Publication status: Published in: Modern Concepts of the Theory of the Firm, Berlin (Springer), 2004, S. 386-397.
Handle: RePEc:iso:wpaper:0017

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This page was last updated on 2008-8-18.


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