Michael Ewens
Assistant Professor of
Finance and Entrepreneurship
Carnegie Mellon University
Contact information
mewens@cmu.edu
412-423-8203
Tepper School of Business
5000 Forbes Ave
Pittsburgh, PA 15213
Research
My research sits at the intersection of venture capital and areas in both finance and entrepreneurship. The interaction of venture capitalist and entrepreneur provides an economics environment where frictions such as agency or information asymmetries are at extremes. One vein of research looks at major corporate finance topics through the lens of the entrepreneurial firm. I study the leverage decisions of entrepreneurial firms, private firms as they transition to public firms and the differences between corporate investment activity in corporate venture capital. Another research area investigates entry into entrepreneurship and the role of financial intermediaries in the innovate activity of inventors. A goal of each research project is to answer questions with a rich panel data and unique identification strategies to alleviate many of the selection and endogeneity issues that pervade the VC literature.