创业者在获取外部资源支持时,具有两类不同的资源获取行为策略:"事前揭示机会相关的信息,事后达成融资契约"和"事前达成融资契约,事后揭示机会相关的信息"。本文通过构建博弈模型,分析了影响创业者资源获取行为策略选择的因素。基于这一理论分析,本文解释了"在投资者提供投资之前,创业者向投资者揭示机会信息"这一现象。
Abstract
In order to acquire the outer resource support, the entrepreneur can either choose the strategy of "revealing the opportunity to the investor in advance, then contracting" or choose the strategy of "contracting in advance, then revealing the opportunity to the investor". Based on the game theory model, this paper analyzes the factors which will influence the entrepreneurial choice on the resource acquisition strategy. This paper can explain one interesting phenomenon: why do entrepreneurs tend to reveal the opportunity to the investor in advance before the investor make the decision of investment.
关键词
创业机会 /
资源获取策略 /
过度自信
Key words
entrepreneurial opportunity /
resources acquisition strategy /
overconfidence
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基金
国家自然科学基金项目:运营环境下的拍卖机制及其应用研究(71171053),2012.1-2015.12;国家自然科学基金(青年科学基金)项目:新企业生成过程中创业决策模式的作用机理及动态演化研究(71202046),2013.1-2015.12;国家自然科学基金(青年科学基金)项目:新企业商业模式调适的过程、驱动因素及绩效作用机制研究(71302176),2014.01-2016.12。
