Browsing by Author "Ueda, Masako"

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  • Bank versus venture capital
    Ueda, Masako (2000-11-01)
    Why do some start-up firms raise funds from banks and others from venture capitalists? To answer this question, I develop a model of start-up financing when intellectual property rights are not well protected. The ...
  • Expertise and finance: Mergers motivated by technological change
    Ueda, Masako (1997-12-01)
    This paper argues that a large technological innovation may lead to a merger wave by inducing entrepreneurs to seek funds from technologically knowledgeable firms -experts. When a large technological innovation occurs, ...