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ERIC Number: EJ1065794
Record Type: Journal
Publication Date: 2015
Pages: 8
Abstractor: As Provided
ISSN: ISSN-0883-2323
The Bias in Favor of Venture Capital Finance in U.S. Entrepreneurial Education: At the Expense of Trade Credit
Clement, Thomas; LeMire, Steven; Silvernagel, Craig
Journal of Education for Business, v90 n5 p233-240 2015
The authors examine whether U.S. college-level entrepreneurship education demonstrates a bias favoring venture capital (VC) financing while marginalizing trade credit financing, and the resulting impact on entrepreneurship students. A sample of U.S. business textbooks and survey data from entrepreneurship students reveals a significant bias toward VC at the expense of trade credit. Despite this overexposure to VC, students only indicate a very basic understanding of how VC works. These findings suggest that business educators are doing a poor job by favoring a complex and rare finance method such as VC over a widely used and accessible source such as trade credit.
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Publication Type: Journal Articles; Reports - Research
Education Level: Higher Education; Postsecondary Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A