Setup Costs and the Financing of Young Firms
Published Online:24 Nov 2025https://doi.org/10.1287/mnsc.2023.03846
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The replication files for this article are available HERE.
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- Received:November 23, 2023
- Accepted:March 07, 2025
- Published Online:November 24, 2025
Copyright © 2025, INFORMS
Cite as
François Derrien, Jean-Stéphane Mésonnier, Guillaume Vuillemey (2025) Setup Costs and the Financing of Young Firms. Management Science 0(0).
https://doi.org/10.1287/mnsc.2023.03846
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The authors are grateful to Denis Gromb and Martin Wagner for insightful discussions and to seminar participants at Banque de France, Bocconi University, BI Oslo, CEMFI, the Econometric Society World Congress 2020, the EIB, Goethe University, HEC Paris, Humboldt University, EUI Florence, and the Tinbergen Institute for comments.
