This paper analyses community-level dynamics that may influence VC investment decisions in green entrepreneurship. We suggest an inverted U-shape relation between NPO density and VC staging. Additionally, we test two moderators, reflecting different ways of interpreting local social norms on environmental issues: NPOs' bureaucratization and professionalization and citizen sensitivity.
Massa Saluzzo, F., Toschi, L. (2019). The Impact of Local Social Norms on Access to Finance: The Case of Environmental Entrepreneurship. Academy of Management [10.5465/AMBPP.2019.38].
The Impact of Local Social Norms on Access to Finance: The Case of Environmental Entrepreneurship
Toschi, Laura
2019
Abstract
This paper analyses community-level dynamics that may influence VC investment decisions in green entrepreneurship. We suggest an inverted U-shape relation between NPO density and VC staging. Additionally, we test two moderators, reflecting different ways of interpreting local social norms on environmental issues: NPOs' bureaucratization and professionalization and citizen sensitivity.File in questo prodotto:
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