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Please use this identifier to cite or link to this item: http://hdl.handle.net/1942/11795

Title: The use of financial bootstrapping in small and medium-sized ventures and the impact on venture growth and performance
Authors: Laveren, E.
Helleboogh, David
LYBAERT, Nadine
Issue Date: 2010
Publisher: EIASM / UM
Citation: Van Gils, Anita & Carree, Martin & Bammens, Yannick (Ed.) Proceedings Rent: The Entrepreneurial Process in a Changing Economy. p. 68-68.
Abstract: This paper contributes to the general knowledge of bootstrap financing among new family ventures in two ways. Firstly, this research reveals which human capital characteristics of the owner-manager has an impact on financial bootstrapping use. The empirical results indicate that the use of bootstrapping techniques does not depend upon the founder’s education, but that it is a skill which is absorbed from self-employed parents or during the founder’s prior work and management experiences. Secondly, in line with the resource dependency theory, we show that a relationship between financial bootstrapping and venture growth is present.
URI: http://hdl.handle.net/1942/11795
ISSN: 2219-5572
Category: C1
Type: Proceedings Paper
Appears in Collections: Research publications

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