Academy of Entrepreneurial Finance

Program 2007

April 25-27 2007, Austin, Texas

THURSDAY PROGRAM, APRIL 26

Omni Austin Hotel Downtown; Senate Room

Morning Sessions	Morning Sessions
7:30 - 8:30 a.m. Senate Room	Registration, and Breakfast
8:30 – 8:45 Senate Room	Welcome J. William Petty, Baylor University, and Program Chair
8:45 – 10:15 Session 11: Financing the SME Senate Room	Session 11: Financing the SME Session Chair: Richard L. Constand, University of West Florida Lost Profits Damages to New Businesses: Adjusting for Survival David A. MacPherson, Florida State University Stanley P. Stephenson, Litigation Economics Financing Strategies Used by Small and Mid-Sized Manufacturing Firms in New England: Does Capital Structure Theory Apply? Susan Coleman, University of Hartford Dev Shetty, University of Hartford Tom Eppes, University of Hartford External Financing for Small Business Firms: Empirical Evidence from Survey Data Jullavut Kittiakarasakun, Texas A&M International University
10:15 - 10:30 a.m.	Refreshment Break
10:30 – 12:00 a.m. Session 12: Accessing the Private and Public Equity Markets Senate Room	Session 12: Accessing the Private and Public Equity Markets Session Chair: Susan Coleman, University of Hartford Who uses Equity Capital among SMEs? Evidence from Survey Data Francesco Baldi, Capitalia Banking Group & University of Rome “La Sapienza” Cristiano Zazzara, Capitalia Banking Group & University “Luiss-Guido Carli” Risk Taking by Venture Capital Funds: A Behavioral Perspective Oksana Koryak, Instituto de Empresa Business School Laura Nunez, Instituto de Empresa Business School Julio de Castro, Instituto de Empresa Business School Entrepreneurial Dimensions as Determinants of Small Companies Growth: Insights from an IPO Sample Lucio Cassia, University of Bergamo, Italy Alessandra Colombelli, University of Bergamo, Italy & Manchester Business School, UK Stefano Paleari, University of Bergamo, Italy

Luncheon and Keynote Address

Afternoon Sessions	Afternoon Sessions
12:15 – 2:00 pm. Section I: 12:15 – 1:15 p.m. Section II: 1:15 – 2:00 p.m.	Section I: 12:15 – 1:15 p.m. Luncheon and Keynote Address: Micro-credit, Micro enterprises, and Community Development Alfreda Norman,  Federal Reserve Bank of Dallas, Dallas, TX, Keynote Speaker
	Section II: 1:15 – 2:00 p.m. Micro Financing: Issues in Policy and Research Charles Ou, SBA Office of Advocacy Jordana Barton, VP Accion Texas Anna Sanchez, VP, Well Fargo Bank
2:15 -3:30 pm. Session 13: Small Business Finance Data:Sources And availability	Session 13: Small Business Finance Data: Sources and Availability Charles Ou, SBA Office of Advocacy, Chair John Wolken, Federal Reserve System Jonathan A. Scott, Temple University
3:30 – 3:45 pm.	Refreshment Break
3:45 – 5:15 pm. Session 14:  The Pacific Rim Experience Senate Room	Session 14:  The Pacific Rim Experience Session Chair: Michael E. Solt, San Jose State University Independent Venture Capital and Portfolios of Firms: Comparative Study from Cases in Mainland China Sihai Fang, University of Electronic Science and Technology of China The Financial Channel in Japanese Keiretsu: Impact of the changing environment on the supply of trade credit in small firms Richard L. Constand, University of West Florida Transforming China in the 21st Century through Entrepreneurship Michael E. Solt, San Jose State University Internationalization of Private Equity Firms in Emerging Countries Prasad Vemala, Texas A&M International University
6:30 pm.-? We meet at hotel lobby at 6:20 before we all get on a bus for 6^th street Reception and Texas Bar-B-Q Dinner (Dutch Treat)	Reception and Texas Bar-B-Q Dinner (Dutch Treat) An evening on 6^th street, Music Capital of Texas

FRIDAY PROGRAM, APRIL 27

Campus of Acton MBA in Entrepreneurship

Teaching Facilities, 811 Barton Springs Road.

(Round-trip Transportation between Omni Austin Hotel Downtown and Acton

facilities will be provided)

Morning Sessions	Morning Sessions
7:30 – 8:30 am. Acton MBA-Conference Center	Breakfast
8:30 – 8:45 am. Welcome to Acton MBA in Entrepreneurship Acton MBA-Conference Center	Welcome to Acton MBA in Entrepreneurship Georgia Spaeth, Executive Director, Acton MBA in Entrepreneurship
8:45 – 10:15 a.m. Session 21:  Acquiring Debt Capital Acton MBA-Conference Center	Session 21:  Acquiring Debt Capital Session Chair: Stanley P. Stephenson, Litigation Economics Bank Size and Corporate Governance Structure Srinivas Nippani, Texas A&M University – Commerce Ramasastry Vinjamury, Texas Tech University Chenchuramaiah Bathala, Cleveland State University Further Evidence on and Boundaries of the Firm: Community Banks, Service Quality and Small Business Jonathan A. Scott, Temple University Determinants of Bank Lending Decisions: Rural versus City Banks Jullavut Kittiakarasakun, Texas A&M International University Ali Kutan, Southern Illinois University-Edwardsville and University of Michigan The Economics of Asset-Based Lending with Direct Application to SMEs Michael D. Sherman, University of Toledo
10:15 – 10:30 a.m	Refreshment Break
10:30 – 12 noon Session 22: What Can Venture Capitalists and Entrepreneurs Learn from Behavioral Economists? Acton MBA-Conference Center	Session 22: What Can Venture Capitalists and Entrepreneurs Learn from Behavioral Economists? Alok Kumar, University of Texas, Austin Victor Ricciardi, Kentucky State University and SSRN’s Journal of Behavioral Finance- Editor Rassoul Yazdipour, California State University, Fresno

Luncheon and Research Opportunities

Afternoon Sessions	Afternoon Sessions
12:15 – 1:30 p.m. Luncheon and Research Opportunities: Facilitating Research with the Social Science Network: An Editor’s Perspective Acton MBA-Conference Center	Luncheon and Research Opportunities: Facilitating Research with the Social Science Network: An Editor’s Perspective, Victor Ricciardi, Kentucky State University and SSRN’s Journal of Behavioral Finance- Editor
1:45 – 3:15 p.m. Session 23: A Dialogue with Entrepreneurs, Angels, and Venture Capitalists Acton MBA-Conference Center	Session 23: A Dialogue with Entrepreneurs, Angels, and Venture Capitalists Session Chair: J. William Petty, Baylor University Phil Siegel, Partner at Austin Ventures Joe Fulwiler, Founder of Fulwiler Law TBA
3:15 – 3:30 p.m.	Refreshment break
3:30 – 5:00 p.m. Session 24: Wrap-up Session- Research Summary Acton MBA-Conference Center	Session 24: Wrap-up Session- Research Summary  Session Chair: Jacky Yuk-chow So, Texas A&M International University Susan Coleman, University of Hartford J. William Petty, Baylor University Richard L. Constand, University of West Florida
5:00 p.m. CONFERENCE CONCLUSION	CONFERENCE CONCLUSION

Contact Information

You may contact us by either:
Phone: 818-236-2145

Email: staff@aoef.org

Regular Mail:
Academy of Entrepreneurial Finance
P.O. Box 157
Montrose, CA 91021-0157

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