Home > Research > Publications & Outputs > Rational actors, knowledgeable agents

Research

Links

Text available via DOI:

View graph of relations

Rational actors, knowledgeable agents: extending pecking order considerations of new venture financing to incorporate founder experience, knowledge and networks

Research output: Contribution to Journal/Magazine › Journal article › peer-review

Published

Standard

Rational actors, knowledgeable agents: extending pecking order considerations of new venture financing to incorporate founder experience, knowledge and networks. / Atherton, Andrew.
In: International Small Business Journal, Vol. 27, No. 4, 08.2009, p. 470-495.

Research output: Contribution to Journal/Magazine › Journal article › peer-review

Harvard

Atherton, A 2009, 'Rational actors, knowledgeable agents: extending pecking order considerations of new venture financing to incorporate founder experience, knowledge and networks', International Small Business Journal, vol. 27, no. 4, pp. 470-495. https://doi.org/10.1177/0266242609334969

APA

Atherton, A. (2009). Rational actors, knowledgeable agents: extending pecking order considerations of new venture financing to incorporate founder experience, knowledge and networks. International Small Business Journal, 27(4), 470-495. https://doi.org/10.1177/0266242609334969

Vancouver

Atherton A. Rational actors, knowledgeable agents: extending pecking order considerations of new venture financing to incorporate founder experience, knowledge and networks. International Small Business Journal. 2009 Aug;27(4):470-495. doi: 10.1177/0266242609334969

Author

Atherton, Andrew. / Rational actors, knowledgeable agents : extending pecking order considerations of new venture financing to incorporate founder experience, knowledge and networks. In: International Small Business Journal. 2009 ; Vol. 27, No. 4. pp. 470-495.

Bibtex

@article{d097b1f5d380495b8e2722b365096e95,
title = "Rational actors, knowledgeable agents: extending pecking order considerations of new venture financing to incorporate founder experience, knowledge and networks",
abstract = "Standard explanations of the decisions made by new firm founders when acquiring financing to start ventures tend to refer to the efficiency and economic rationales underpinning such choices. In this article, pecking order approach is applied to 26 cases of new venture creation to test such 'rational actor' approaches.When pecking order considerations are extended to incorporate previous experiences of acquiring finance and perceptions of the ease and feasibility of doing so, a fuller explanation of decisions and patterns in new venture financing emerges.A key implication of this analysis is the need to consider the experiential and knowledge base of founders when seeking to understand the dynamics and drivers of new business funding. ",
author = "Andrew Atherton",
year = "2009",
month = aug,
doi = "10.1177/0266242609334969",
language = "English",
volume = "27",
pages = "470--495",
journal = "International Small Business Journal",
issn = "0266-2426",
publisher = "SAGE Publications Ltd",
number = "4",

}

RIS

TY - JOUR

T1 - Rational actors, knowledgeable agents

T2 - extending pecking order considerations of new venture financing to incorporate founder experience, knowledge and networks

AU - Atherton, Andrew

PY - 2009/8

Y1 - 2009/8

N2 - Standard explanations of the decisions made by new firm founders when acquiring financing to start ventures tend to refer to the efficiency and economic rationales underpinning such choices. In this article, pecking order approach is applied to 26 cases of new venture creation to test such 'rational actor' approaches.When pecking order considerations are extended to incorporate previous experiences of acquiring finance and perceptions of the ease and feasibility of doing so, a fuller explanation of decisions and patterns in new venture financing emerges.A key implication of this analysis is the need to consider the experiential and knowledge base of founders when seeking to understand the dynamics and drivers of new business funding.

AB - Standard explanations of the decisions made by new firm founders when acquiring financing to start ventures tend to refer to the efficiency and economic rationales underpinning such choices. In this article, pecking order approach is applied to 26 cases of new venture creation to test such 'rational actor' approaches.When pecking order considerations are extended to incorporate previous experiences of acquiring finance and perceptions of the ease and feasibility of doing so, a fuller explanation of decisions and patterns in new venture financing emerges.A key implication of this analysis is the need to consider the experiential and knowledge base of founders when seeking to understand the dynamics and drivers of new business funding.

U2 - 10.1177/0266242609334969

DO - 10.1177/0266242609334969

M3 - Journal article

VL - 27

SP - 470

EP - 495

JO - International Small Business Journal

JF - International Small Business Journal

SN - 0266-2426

IS - 4

ER -