Advances in Entrepreneurial Finance: With Applications from by Rassoul Yazdipour

By Rassoul Yazdipour

Advances in Entrepreneurial Finance brings jointly contributions from researchers from the fields of entrepreneurship, behavioral finance, psychology, and neuroscience to shed new mild at the dynamics of choice making and chance taking by means of marketers and enterprise capitalists (VCs). each new enterprise calls for entry to capital at aggressive rates of interest, and lots more and plenty has been written on basic entrepreneurship by way of administration students and fiscal contracting by way of monetary economists utilizing conventional finance conception with all its hugely restrictive assumptions relating to choice makers’ cognitive services and behaviour. yet fresh advancements in behavioral finance can now be utilized to appreciate how marketers and VCs understand chance and uncertainty and the way they make a decision and act as a result. Showcasing the newest study, this quantity demonstrates that findings from the behavioral and neuroscience arenas can and do clarify choice making via marketers and enterprise traders within the actual global. for that reason, such findings have sensible implications not just for marketers, enterprise capitalists, and their advisors, but additionally all govt enterprises and NGOs that are looking to aid product and technological innovation, capital formation, activity production, and financial development.

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We also introduced some new concepts such as “Perception Asymmetry,” “resident risk,” and a preliminary behavioral risk framework to further facilitate discussions on related risks and uncertainties. This was done with the belief that if we can better understand the issues, we would have a better chance of improving the decisionmaking processes. Although the discussions in this chapter did not lead to any specific model, we certainly hope the theory- and experience-based thoughts and concepts provide a starting point for future theoretical and empirical works on the topic.

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