portfolio

About

Research Center for Entrepreneurial Finance

Date of establishment

November 1st, 2016

Director

Kenji Kutsuna – Professor, Graduate School of Science, Technology and Innovation, Kobe University

Faculty Members

Kazuhiko Yamamoto – Professor, Graduate School of Science, Technology and Innovation, Kobe University
Takayuki Sakai – Professor, Graduate School of Science, Technology and Innovation, Kobe University

Objectives

  • Promotion of the collaborative projects with the overseas researchers on the entrepreneurial finance.
  • Publication of academic papers about entrepreneurial finance on WOS (Web of Science) journals.
  • Providing information about entrepreneurial finance for business persons and government officials.

Projects

Collaborative projects with overseas researchers

Project #1

Comparison of science and technology-based university start-ups between Japan and Korea
[Members]

Project #2

Incentives and drawbacks of commercialization of scientific research results at higher education institutions
[Members]>

Project #3

Performance of family firms
[Members]

Project #4

Why do IPO issuers grant overallotment options to underwriters?
[Members]

Project #5

Who benefits from market makings?
[Members]

Project #6

Regional equity gap and entrepreneurship
[Members]

Project #7

Crowdfunding and entrepreneurial finance in Japan
[Members]

Project #8

Entrepreneurial finance in emerging markets
[Members]

International seminar regarding family business

Project #9

International seminar regarding family business
[Members]

Project Members

Project #1

Comparison of science and technology-based university start-ups between Japan and Korea

Project Leader

Kenji Kutsuna (Kobe University, Japan)

Members

Kazuhiko Yamamoto (Kobe University, Japan)
Takayuki Sakai (Kobe University, Japan)
Keun-Yeob Oh (Chunganam National University, South Korea)

Project #2

Incentives and drawbacks of commercialization of scientific research results at higher education institutions

Project Leader

Takayuki Sakai (Kobe University, Japan)

Members

Kenji Kutsuna (Kobe University, Japan)
Kensuke Inai (Tokushima University, Japan)
Sándor Huszár (University of Szeged, Hungary)
Szabolcs Prónay (University of Szeged, Hungary)
Norbert Buzás (University of Szeged, Hungary)

Project #3

Performance of family firms

Project Leader

Kenji Kutsuna (Kobe University, Japan)

Members

Yupana Wiwattanakantang (National University of Singapore, Singapore)
Vikas Mehrotra (University of Alberta, Canada)
Yusuke Tsujimoto (University of Alberta, Canada)
Jung Wook Shim (Kyoto Sangyo University, Japan)
Bennedsen Morten (INSEAD, France)
Sunti Tirapat (Chulalongkorn University, Thailand)
Suparatana Tanthanongsakkun (Chulalongkorn University, Thailand)
Sirimon Treepongkaruna (University of Western Australia, Australia)

Project #4

Why do IPO issuers grant overallotment options to underwriters?

Project Leader

Kenji Kutsuna (Kobe University, Japan)

Members

Yawen Jiao (UC Riverside, USA)
Richard Smith (UC Riverside, USA)

Project #5

Who benefits from market makings?

Project Leader

Kenji Kutsuna (Kobe University, Japan)

Members

Y. Peter Chung (UC Riverside, USA)
Thomas Kim (UC Riverside, USA)
Richard Smith (UC Riverside, USA)

Project #6

Regional equity gap and entrepreneurship

Project Leader

Kenji Kutsuna (Kobe University, Japan)

Members

Douglas Cumming (York University, Canada)
Sofia Johan (York University, Canada)

Project #7

Crowdfunding and entrepreneurial finance in Japan

Project Leader

Kenji Kutsuna (Kobe University, Japan)

Members

Bishnu Adhikary (Kobe University, Japan)

Project #8

Entrepreneurial finance in emerging markets

Project Leader

Kenji Kutsuna (Kobe University, Japan)

Members

Sofia Johan (York University, Canada)
Bishnu Adhikary (Kobe University, Japan)

Project #9

International seminar regarding family business

Project Leader

Kazuhiko Yamamoto (Kobe University, Japan)

Members

Kenji Kutsuna (Kobe University, Japan)
Takayuki Sakai (Kobe University, Japan)
Yupana Wiwattanakantang (National University of Singapore, Singapore)
Vikas Mehrotra (University of Alberta, Canada)
Yusuke Tsujimoto (University of Alberta, Canada)
Jung Wook Shim (Kyoto Sangyo University, Japan)
Bennedsen Morten (INSEAD, France)
Sunti Tirapat (Chulalongkorn University, Thailand)
Suparatana Tanthanongsakkun (Chulalongkorn University, Thailand)
Sirimon Treepongkaruna (University of Western Australia, Australia)

Publication

WOS Articles

  • Kutsuna, K., Smith, J.K., Smith, R. and Yamada, K. The Supply-Chain Spillover Effects of IPOs. Journal of Banking and Finance, Vol.64. March. 2016, pp.150-168.
  • Bao, X., Johan, S. and Kutsuna, K. Do Political Connections Matter in Accessing Capital Markets? Evidence from China. Emerging Markets Review, 2016 forthcoming.

Working Papers

  • Jiao, Y., Kutsuna, K. and Smith, R. Why do IPO Issuers Grant Overallotment Options to Underwriters? [URL]

Contact Us

Research Center for Entrepreneurial Finance

Professor Kenji Kutsuna
Graduate School of Science, Technology and Innovation, Kobe University
Rokkodai-cho 1-1, Nada-ku, Kobe, Hyogo 657-8501
Phone +81-78-803-5332 / Fax +81-78-803-5349
kutsuna@kobe-u.ac.jp