Does the presence of a formal business plan increase formal financial support? Empirical evidence from the PSED II on the signalling and mimetic nature of formal business planning

Hopp, Christian (2015). Does the presence of a formal business plan increase formal financial support? Empirical evidence from the PSED II on the signalling and mimetic nature of formal business planning Applied Economics Letters, 22(9), pp. 673-678. Taylor & Francis 10.1080/13504851.2014.967377

Text Does the presence of a formal business plan increase formal financial support Empirical evidence from the PSED II on the signalling and mimetic.pdf - Published Version Restricted to registered users only Available under License Publisher holds Copyright. Download (356kB) | Request a copy

n this article, we examine longitudinal data from the Panel Study ofEntrepreneurial Dynamics II to infer whether formal business planningaffects the amount of formalfinancing raised by nascent entrepreneurs.Ourfindings suggest that by and large the use of business plans is mimeticand reveals only limited information about the underlying entrepreneur.Yet, entrepreneurs that write formal business plan receive more formalfinancial support than had they not planned formally

Item Type:	Journal Article (Original Article)
Division/Institute:	Business School > Business Foundations and Methods
Name:	Hopp, Christian0000-0002-4095-092X
ISSN:	1350-4851
Publisher:	Taylor & Francis
Language:	English
Submitter:	Christian Hopp
Date Deposited:	06 Oct 2020 16:36
Last Modified:	27 Sep 2021 02:18
Publisher DOI:	10.1080/13504851.2014.967377
Uncontrolled Keywords:	business plan; endogenous switching; treatment effect; entrepreneurship
ARBOR DOI:	10.24451/arbor.11998
URI:	https://arbor.bfh.ch/id/eprint/11998