Tutorial 1: Start-ups I
Signal 1a: A new product signals innovation and, therefore, is associated with better access
to external financing the interpretation of the signal depends on the investors (informal
Article 5 A darker side to decentralized banks: Market power and credit
rationing in SME lending
How the organizational structure of banks impacts small business lending. We find that
decentralized banks, where branch managers have greater autonomy over l
Venture Capital I
Article 14: The causes and consequences of venture capital stage financing, Xuan Tian
This paper examines the causes and consequences of venture capital (VC) stage financing. Using
information about the physical location of an e
Article 6 Relationship Lending and Lines of Credit in Small Firm Finance
Large corporations typically obtain credit in the public debt markets, while firms usually
must depend on financial intermediaries, particularly commercial banks. Giv
Venture Capital I
What do entrepreneurs have to consider when they want to raise money from VC?
Venture Capital: pool money from a lot of individuals into their funds. Management fees of 2% per
Article 13: Venture Capital Contracting in T
Financing Choices of Start-Ups (II)
- Cosh, A. and Cumming, D., and Hughes, A. (2009). Outside entrepreneurial capital. The
Economic Journal, 119. 1494-1533.
- Krishnan, K., and Nandy, D. K., and Puri, M. (2014).
Tutorial 4 Crowdfunding
Article 1: Agrawal, A. K., and Catalini, C., and Goldfarb, A. (2013). Some simple economics of
crowdfunding. NBER Working Paper, 19133.
Crowdfunding is the use of small amounts of ca
Session 4 - Relationship lending
Berger, A., and Udell, G. F. (1995). Relationship lending and lines of credit in small firm
finance. Journal of Business, 68(3), 351-381.
- Canales, R., & Nanda, R. (2012). A dark
Venture Capital II
NOT EXAM RELEVANT
Article 15: Croce, A., Marti, J., & Murtinu, S. (2013). The impact of venture capital on the
productivity growth of European entrepreneurial firms: Screening or value added effect?
Journal of Business Venturing, 28(4),
Angel Finance II
- Hellmann, T. F., Schure, P., & Vo, D. (2015). Angels and venture capitalists: Substitutes or
complements? Said Business School WP, 2.
- Parhankangas, A., Ehrlich, M. (2014). How entrepreneurs s
The Wealth of Nations: Defining and Measuring
5.1 Macroeconomic Questions
1. Macroeconomics is the study of economic aggregates and
economy-wide phenomena, like the annual growth rate of a
countrys total economic output
Chapter 6 Sellers and Incentives
6.1 Sellers in a Perfectly Competitive Market
Assumption: Firms make decisions in perfectly competitive markets
No buyer or seller is big enough to influence the market price
o Sellers are price-takers: They can sell as m
Chapter-27 Countercyclical Macroeconomic Policy
13.1 The Role of Countercyclical Policies in Economic
In this chapter, we focus on the government and the Feds efforts
to reduce those fluctuations by using what are called
Chapter-26 Short-Run Fluctuation
12.1 Economic Fluctuations and Business Cycles
1. We refer to short-run changes in the growth rate of real GDP as
economic fluctuations or business cycles.
2. Economic expansions are the periods between recessions.
Chapter 8: Trade
1. The Production Possibilities Curve
Production Possibilities Curve (PPC): shows relationship between maximum production of one good
for a given level of production for another good, tells us how much we can produce from existing
Chapter 4: Demand, supply and equilibrium
*A market is a group of economic agents who are trading a good or service, and the rules
and arrangements for trading.
A market may have a specific physical location or not. In the markets all exchange
Chapter 2: Economic methods and economic questions
2.1 The scientific method
Recall that empiricismusing data to analyze the worldis the third
key principle of economics and is at the heart of all scientific analysis.
The scientific method is the name for
Chapter 5: Consumers & Incentives
1. BUYERS PROBLEM 3 INGREDIENTS
1.1 WHAT YOU LIKE
consumers attempt to maximise benefits from consumption
As part of the buying decision, consumers must figure out how to make the most of every dollar
and, in the proces
Chapter 1: The Principles and
Practice of Economics
1.1 The Scope of Economics
Choice not money is the unifying feature of all the things that economists study.
Economists study all human behavior and think of almost all human behavior as the
Chapter 3 Optimization: Doing the Best You Can
How does location affect the rental cost of housing?
Living close to the city centre, the trip will be 15 minutes live in a distant suburb, the trip
will be 60 minutes. If there are lots of workers who work d
1. Resource calendars specify
A- when and how long project resources will be available during the project.
B- the overall cost associated with identified project resources.
C- both A and B are correct
D- neither A and B are correct
2. Analogous est
1. What is a stakeholder?
A- The person responsible for preparing the project budget.
B- An organization thats hired to perform risk analysis.
C- A person or organization that is not actively involved in the project, or whose interests will
not be affect
Question 1: To what extent were the problems facing the notebook computer development
project avoidable? What could have been done to avoid these problems?
Steve could have done the following things to avoid these problems:
- Begun by doing project planni
Chapter 1 (Krajewski)
The systematic design, direction, and
control of processes that transform inputs
into services and products for internal, as
well as external customers.
The concept of a process whithin a
Review question 1: Why cant the PM use the organizations current information system for
project monitoring and reporting?
Because the information system is used with an organization which are standards tasks for the
Chapter 5 (Meredith)
Review question 1: How would a PM manage critical path tasks differently than noncritical
Critical path is composed of tasks which if they have a delay, the entire project will be
impacted and deliver too late. S
Review question 2: Discuss the reasons for inviting the functional manager to a project launch
meeting rather than their subordinates who may actually be doing the work.
The reason for inviting the functional managers to the project la
Review question 4: Identify the three goals of a project and describe how the project manager
achieves them. What does it mean for a project to be overdetermined?
There are 3 goals for a project which are time, cost and scope. In fact,
3. A local hospital declares that it is committed to provide care to patients arriving at the
emergency unit in less than 15 minutes and that it will never turn away patients who need to
be hospitalized for further medical care. What i
1. The single milling machine at Stout Manufacturing was severely overloaded last year. The plant
operates eight hours per day, five days per week, and 50 weeks per year. Management prefers a
capacity cushion of 15 percent. Two major types of products are