Emerging Trends in Entrepreneurial Finance and Special Issue of Entrepreneurship Theory and practice May 31 st – June 1 st , 2018, Stevens Institute of Technology School of Business, Hoboken, NJ (USA) KEYNOTE SPEAKERS Thursday May 31 st 5.15pm, School of Business Auditorium Tatiana Manolova Professor of Management, Bentley University Tatiana Manolova is Professor of Management at Bentley University, MA. She graduated from Tampa University and received her doctoral degree from Boston University. Her research has spanned over multiple fields strategic management, international entrepreneurship, and management in transitional economies. Currently, she is also investigating the growth and financial strategies of women- led businesses worldwide. She published, among the others, in the Journal of Business Venturing, the Journal of Small Business Management, Entrepreneurship Theory and Practice, Small Business Economics. Friday June 1 st 12pm, School of Business Auditorium Thomas J. Chemmanur Professor of Finance, Boston College Thomas J. Chemmanur is currently a Professor of Finance and Hillenbrand Distinguished Fellow at the Carroll School of Management, Boston College. His research on theoretical and empirical entrepreneurial finance and innovation, contract theory, and topics in applied game theory has been published on among the others, the Journal of Finance, the Journal of Financial Economics, the Review of Financial Studies, the Journal of Financial and Quantitative Analysis, the Journal of Corporate Finance, the Journal of Banking and Finance, and Financial Management. He serves and has served on the Editorial Board of several journals including the the Review of Financial Studies, the Journal of Banking and Finance, the Review of Quantitative Finance and Accounting, International Review of Finance, and the Journal of Economics and Business.
Transcript
Emerging Trends in Entrepreneurial Finance
and
Special Issue of Entrepreneurship Theory and practice
May 31st – June 1st, 2018, Stevens Institute of Technology School of Business, Hoboken, NJ (USA)
KEYNOTE SPEAKERS
Thursday May 31st 5.15pm, School of Business Auditorium Tatiana Manolova Professor of Management, Bentley University Tatiana Manolova is Professor of Management at Bentley University, MA. She graduated from Tampa University and received her doctoral degree from Boston University. Her research has spanned over multiple fields strategic management, international entrepreneurship, and management in transitional economies. Currently, she is also investigating the growth and financial strategies of women-led businesses worldwide. She published, among the others, in the Journal of Business Venturing, the Journal of Small Business Management, Entrepreneurship Theory and Practice, Small Business Economics.
Friday June 1st 12pm, School of Business Auditorium Thomas J. Chemmanur Professor of Finance, Boston College Thomas J. Chemmanur is currently a Professor of Finance and Hillenbrand Distinguished Fellow at the Carroll School of Management, Boston College. His research on theoretical and empirical entrepreneurial finance and innovation, contract theory, and topics in applied game theory has been published on among the others, the Journal of Finance, the Journal of Financial Economics, the Review of Financial Studies, the Journal of Financial and Quantitative Analysis, the Journal of Corporate Finance, the Journal of Banking and Finance, and Financial Management. He serves and has served on the Editorial Board of several journals including the the Review of Financial Studies, the Journal of Banking and Finance, the Review of Quantitative Finance and Accounting, International Review of Finance, and the Journal of Economics and Business.
6-8pm Registration desk opens. Welcome cocktail Babbio Center Atrium
8am Registration desk opens Babbio Center Atrium
8.45-10.15amSession #1
Venture CapitalSession Chair: Richard T. Harrison (University of Edinburgh - Business School)
Room 319
Discussant:
Discussant: Richard Chan (Stony Brook University)
Discussant:10.15-10.30am Coffee Break Babbio Center Atrium
10.30-12pmSession #2
Initial Coin OfferingsSession Chair: Douglas J. Cumming (York University - Schulich School of
Room 319
Discussant:Initial Coin Offering and Platform Building
Discussant: Charlotta Sirén (University of St. Gallen)
Discussant:12-1.45pm Lunch Break Babbio Center Atrium
1.45-3.15pmSession #3
Equity Crowdfunding (I)Session Chair: Lin William Cong (University of Chicago - Booth School of
Room 319
Discussant: Anzhela Kniazeva (US Securities and Exchange Commission)
Discussant:
Discussant:3.15-3.30pm Coffee Break Babbio Center Atrium
'Token it Easy'. Analyzing the Success of Initial Coin Offerings
Lin William Cong (University of Chicago - Booth School of Business), Ye Li (Ohio State University), Neng, Wang (Columbia Business School - NBER)
Detailed Conference Program
Wednesday, May 30th 2018
Thursday, May 31st 2018
Corporate Venture Capital and the Boundaries of the Firm: A Machine Learning ApproachHongyu Shan (University of Florida - Warrington College of Business Administration)
The Effect of Venture Capitalists Straying from Their Industry Comfort ZonesTyler Hull (University of Massachusetts Boston)
Stanislav Mamonov (Montclair State University)
Tokenomics: Dynamic Adoption and Valuation
Giancarlo Giudici (Politecnico Milano - Dipartimento di Ingegneria Gestionale)
Crowdfunding, Business Angels, and Venture Capital: New Funding Trajectories for Start-Ups?Peter Wirtz (University of Lyon 3), Véronique Bessière (University of Montpellier - MRM - IAE), Eric Stephany (University of Montpellier - MRM - IAE)
Giancarlo Giudici (Politecnico Milano - Dipartimento di Ingegneria Gestionale), Adhami Saman (Università Bocconi)
Up-Cascaded Wisdom of the Crowd
Gianfranco Gianfrate (Università Bocconi)
Denis Iurchenko (University of Lausanne - Faculty of Business and Economics)
Lin William Cong (University of Chicago - Booth School of Business), Xiao, Yizhou (The Chinese University of Hong Kong (CUHK) - CUHK Business School)
Soft and Hard Information and Signal Extraction in Securities Crowdfunding
Hypothetical Bias in Equity Crowdfunding
Anzhela Knyazeva (U.S. Securities and Exchange Commission), Vladimir I. Ivanov (U.S. Securities and Exchange Commission)Tyler Hull (University of Massachusetts Boston)
Jiasun Li (George Mason University), William Mann (UCLA - Anderson School of Management)
Hongyu Shan (University of Florida - Warrington College of Business Administration)
Douglas J. Cumming (York University - Schulich School of Business), Fabrice Hervé (Université de Bourgogne - CREGO - UBFC), Elodie Manthé (Université de Bourgogne), Armin Schwienbacher (SKEMA Business School)
Risks and Returns in Peer-to-Peer Lending
Birds of a Feather Flock Together and Get Money from the Crowd
The Angels' Share: Blockholders, Family Investors, and Entrepreneurial
LIVE streaming on Stevens Facebook Channel
5.15-6pmDistinguished lecture
Early Stage Growth Financing: The Case of the Missing WomenTatiana Manolova (Bentley University, MA, USA)
Babbio Center Auditorium
6.15-7.15pm Cocktail Babbio Center Patio
7.30pm Gala Dinner Halifax(225 River St)
8.30-9am Opening Coffee Babbio Center Atrium
9-10.20amSession #5
Equity Crowdfunding (II)Session Chair: Allan Riding (Telfer School of Management, University of Ottawa)
Room 319
Discussant:
Discussant:
Discussant:10.20-10.30 Coffee Break Babbio Center Atrium
Session #4Elevator Pitch Session
Session Chair: Vincenzo Capizzi (Università del Piemonte Orientale)Room 319
Processing Preferences, Pitch Characteristics, and Investment EvaluationsRichard Chan (Stony Brook University), Annaleena Parhankangas (University of Illinois at Chicago)Jiasun Li (George Mason University)
Digital Entrepreneurship in Two-Sided Markets: Insights from Real Estate Crowdfunding
Characteristics of Entrepreneurs, Entrepreneurial Finance, and Growth Paths
Equity Crowdfunding: The Influence of Innovativeness on Campaign Success
Ikenna Uzuegbunam (Ohio State University - College of Business), Brandon Ofem (University of Kentucky - Gatton College of Business and Economics), Satish Nambisan (Case Western Reserve
Friday, June 1st 2018
Democratization Makes Strange Bedfellows: The Legalization of Equity CrowdfundingDenis Iurchenko (University of Lausanne - Faculty of Business and Economics), Jeffrey S. Petty (University of Lausanne - Faculty of Business and Economics)
Allan Riding (Telfer School of Management, University of Ottawa)
3.30-5pm
Ryan Amsden (McGill University, Desautels Faculty of Management)
Ryan Amsden (McGill University, Desautels Faculty of Management), Denis Schweizer (Concordia University)
Are Blockchain Crowdsales the New 'Gold Rush'? Success Determinants of Initial Coin
Benjamin Le Pendeven (Audencia Business School), Armin Schwienbacher (SKEMA Business School)
Stanislav Mamonov (Montclair State University)
Alessia Pedrazzoli (Università di Modena e Reggio Emilia), Elisabetta Gualandri (Università di Modena e Reggio Emilia), Valeria Venturelli (Università di Modena e Reggio Emilia)
Peter Wirtz (University of Lyon 3), Laurence Cohen (University of Lyon 3)
Gianfranco Gianfrate (Università Bocconi), Douglas J. Cumming (York University - Schulich School of Business), Adhami Saman (Università Bocconi)
Discussant:
Discussant:
Discussant:LIVE streaming on Stevens Facebook Channel
12-12.45pm
Key Note LectureTBD
Thomas J. Chemmanur, Professor of Finance and Hillenbrand Distinguished
Fellow, Boston College, MA, USA.1-2pm Lunch Break Babbio Center Atrium
2-3pm Roundtable 1 Babbio Center Auditorium
Initial Coin Offerings, the Market view: Angels, Venture Capitalist and Investors
Moderator: Stefano Bonini (Stevens Institute of Technology)
Babbio Center Auditorium
Jeffrey S. Petty (University of Lausanne - Faculty of Business and Economics)
Financial Knowledge and Borrowing Among SMEs: Gender, Occupational Status, and Overconfidence
Room 319Session #6
Entrepreneurial FinanceSession Chair: Peter Wirtz (University of Lyon 3)
Ikenna Uzuegbunam (Ohio State University - College of Business)How Individual Business Angels Increase Investment Returns Through Angel Networks: The Impact of Diversification and Network Centrality on Portfolio Performance
Allan Riding (Telfer School of Management, University of Ottawa), Miwako Nitani (Telfer School of Management, University of Ottawa), Barbara J Orser (University of Ottawa)
10.30am-11.50am
Charlotta Sirén (University of St. Gallen), Torben Antretter (University of St. Gallen), Dietmar Grichnik (University of St. Gallen), Joakim Wincent (Hanken School of Economics)
Richard T. Harrison (University of Edinburgh - Business School)Simulating Angel Investing Returns: Escalation, Taxes, Timing, and TerminationRichard T. Harrison (University of Edinburgh - Business School), Adam Jay Bock (University of Wisconsin-Madison School of Business), Geoff Gregson (University of Edinburgh - Business School)
3-3.15pm Stage reset break3.15-4.15pm Roundtable 2 Babbio Center
Auditorium
Moderator: Stefano Bonini (Stevens Institute of Technology)Initial Coin Offerings, the Regulatory View
4.15-4.30pmAwards Ceremony
CME Best Paper AwardElevator Pitch Award
Babbio Center Auditorium
4.30-4.40pm Closing RemarksChristophe Pierre (Provost, Stevens Institute of Technology)
Babbio Center Auditorium
4.40-4.50pm
Announcements and closingGregory P. Prastacos (Dean of the School of Business at Stevens Institute of
Technology)Stefano Bonini and Vincenzo Capizzi, Co-Chairs
