Persistence and survival in entrepreneurship: The case of the wave energy conversion corporation of America
Many entrepreneurial firms risk falling into a cash flow “Valley of Death”‐the stage of a young firmʼs life when seed funding is running dry but the firm has yet to secure sufficient additional funding to carry it through to product commercialization.This is particularly true in the nascent cleantec...
Main Authors: | , |
---|---|
Format: | Article |
Language: | English |
Published: |
Emerald Publishing
2012-03-01
|
Series: | New England Journal of Entrepreneurship |
Subjects: | |
Online Access: | https://www.emerald.com/insight/content/doi/10.1108/NEJE-15-01-2012-B002/full/pdf?title=persistence-and-survival-in-entrepreneurship-the-case-of-the-wave-energy-conversion-corporation-of-america |