@article{oai:chuo-u.repo.nii.ac.jp:00008910, author = {本庄, 裕司}, journal = {企業研究}, month = {Feb}, note = {application/pdf, This study investigates the time from founding to initial public offering (IPO), using a data set of firms founded in Japan during the period of 1995–2010. In the analysis, we identify innovative start-ups in the data set, using unique proxies associated with research and development, intellectual property, and stock option. We show how the time to IPO of innovative start-ups differs from that of other counterparts. The results reveal that innovative start-ups are more likely to go public faster than others. We also find that innovative start-ups, although they do not necessarily rely on equity financing at founding, have larger demand for initial capital.}, pages = {77--104}, title = {イノベーティブスタートアップの新規株式公開}, volume = {32}, year = {2018}, yomi = {ホンジョウ, ユウジ} }