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Angel funding is an important source of capital for startup ventures (J. Sohl 2019), providing a similar level of capital as institutional venture capital (OECD 2011). But angel funding is challenging to study due to the informal nature of the activity. A ...
This thesis develops three models that study the motivation of various agents to take on debt,
and the impact that excessive financial leverage can have on social welfare.
In the chapter "Short-term Bank Leverage and the Value of Liquid Reserves", the ince ...
Little attention has been paid to how aquatic habitat characteristics affect the traits of plant species. Nuphar lutea (L.) Sm. is a keystone species distributed across temperate regions of Europe, northwest Africa and western Asia. Its apparently low phen ...
During the last years, the development of photovoltaics (PV) has favored the creation of solar projects around the world. Nowadays, the majority of PV owners manage their energy independently. However, aggregation of consumers in communities could lead to ...
When J. G. Ballard published his masterpiece High-Rise in 1975, many readers in London automatically identified the apartment building that is the protagonist of the dystopian novel as the infamous Trellick Tower at Kensal Town, certainly one of the most c ...
2019
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The industrial sector has a large presence in world energy consumption and CO2 emissions, which has made it one of the focal points for energy and resource efficiency studies. However, large investments are required to retrofit existing industrial plants, ...
During the ongoing pre-concept phase (2014 - 2020) for a possible future European DEMOnstration Fusion Power Plant (DEMO) the activities within EUROfusion WP HCD EC Gyrotron R&D and Advanced Developments are focusing on options for near-term solutions, and ...
The infamous Scramble for Africa at the turn of the twentieth century disrupted the entire African continent with enduring repercussions. Morocco—standing at a geographical crossroads between Sub-Saharan Africa, the Maghrebi Arab-Muslim world, and Mediterr ...
We build a dynamic agency model in which the agent controls both current earnings via short-term investment and firm growth via long-term investment. Under the optimal contract, agency conflicts can induce short- and long-term investment levels beyond firs ...
ELSEVIER SCIENCE SA2020
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In engineering education, laboratories represent an important academic resource as they provide practical training in addition to the fundamental theories. However, the acquisition of new machinery and the maintenance of the equipment imply a large investm ...
