Concepedia

Crowd-out Effects

Crowd-Out Effects is a theoretical construct in entrepreneurial finance that refers to the phenomenon whereby increased public or institutional investment in startup ecosystems displaces or reduces the level of private angel investment due to perceived redundancy or diminished expected returns.

360

Publications

32.4K

Citations

724

Authors

476

Institutions

Publications per year

2017–2026

141

Parents

Publications

360

Motivation Crowding Theory

Bruno S. Frey, Reto Jegen · Journal of Economic Surveys · 2001 · 3K citations

, , +14

Herd Behavior and Investment

David Scharfstein, Jeremy C. Stein · American Economic Review · 1988 · 2.8K citations

, , +14

The Cost of Price Incentives: An Empirical Analysis of Motivation Crowding-Out

Bruno S. Frey, Felix Oberholzer‐Gee · American Economic Review · 1997 · 1.6K citations

, , +16

Herd Behaviour, Bubbles and Crashes

Thomas Lux · The Economic Journal · 1995 · 1.1K citations

, , +10

A Theory of the Going-Public Decision

Thomas J. Chemmanur, Paolo Fulghieri · Review of Financial Studies · 1999 · 687 citations

, , +12

1–5 of 360

Authors

724

  1. BS
    Bruno S. Frey

    University of Zurich, Switzerland

    5 publications · 4.8K citations

    5

    h-index

  2. RJ
    Reto Jegen

    University of Zurich, Switzerland

    4 publications · 3.7K citations

    4

    h-index

  3. AS
    Armin Schwienbacher

    SKEMA Business School, France

    4 publications · 215 citations

    4

    h-index

  4. JH
    Jacob Hörisch

    Leuphana University of Lüneburg, Germany

    3 publications · 128 citations

    3

    h-index

  5. SL
    Søren Leth‐Petersen

    University of Copenhagen, Denmark

    3 publications · 835 citations

    3

    h-index

1–5 of 724

Institutions

476

  1. National Bureau of Economic Research

    Cambridge, United States

    13 h-index

    21 publications

    2.2K citations

  2. Harvard University

    Cambridge, United States

    8 h-index

    14 publications

    2.8K citations

  3. University of Pennsylvania

    Philadelphia, United States

    6 h-index

    10 publications

    694 citations

  4. New York University

    New York, United States

    5 h-index

    5 publications

    846 citations

  5. International Monetary Fund

    Washington D.C., United States

    5 h-index

    9 publications

    397 citations

  6. University of Colorado Boulder

    Boulder, United States

    5 h-index

    6 publications

    733 citations

  7. Copenhagen Business School

    Copenhagen, Denmark

    5 h-index

    5 publications

    168 citations

  8. SKEMA Business School

    Lille, France

    5 h-index

    5 publications

    236 citations

1–8 of 476

Venues

  1. SSRN Electronic Journal

    Repository · 42 publications · 1.9K citations

    22

    h-index

  2. Journal of Business Venturing

    JBV · 9 publications · 1.7K citations

    9

    h-index

  3. Journal of Corporate Finance

    6 publications · 646 citations

    6

    h-index

  4. American Economic Review

    5 publications · 5.1K citations

    5

    h-index

  5. Journal of Business Research

    JBR · 5 publications · 230 citations

    5

    h-index

1–5