Empirical Findings and Discussion
In the following chapters, I present and discuss only empirical statements and findings of the conducted empirical study, which are most relevant to the research objective and for theory enhancement. The presentation of the empirical results is split in five sections: In the first section, I present a depiction of the valuation process with enhancements based on the empirical research. In the sections 6.2, 6.3, and 6.4, I present and discuss empirical results with regard to used methodologies and data for each of the developed firm types (compare chapter 4). After presenting these results, I present and discuss a cross-firm-type analysis (section 6.5) before I present and discuss implications for existing theory in the following chapter 7.
KeywordsCash Flow Venture Capital Growth Firm Innovation Project Investment Bank
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