Title: Corporate governance and financing of young technological firms: A review & introduction
Abstract: It is timely for Technological Forecasting and Social Change to have a special issue bringing together recent research about corporate governance and financing of under-researched young technological firms. These enterprises tend to have much wealth stored in intangible assets that are seldom easy to measure. With their typical asset base unlike that of established corporations in traditional sectors, their growth is also different, often with a great need for resources, including capital infusions to capture entrepreneurial opportunities at various times. These new entrants in innovative and high-tech markets are characterized by an insatiable appetite for external financing, and the intrusion of new types of external funders has a strong impact on the governance of these ventures. It is therefore essential to have appropriate methods to finance growth; this has major implications for governance as well as finance. Although research underpinning the phenomenon of alternative finance has been gaining ground, this is still a relatively under-researched field. This paper reviews relevant literature and presents an overview and brief synthesis of the contributions in this issue, within the context of literature and lacunae.
Publication Year: 2020
Publication Date: 2020-10-28
Language: en
Type: review
Indexed In: ['crossref']
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Cited By Count: 14
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