Money and Ideas

Prashanth Mahagaonkar's interest in entrepreneurship research began with remarkable experiences while working with almost 300 small business owners in India. The word \constraint" took many forms during these interactions. While for one entrepreneur it was always an issue of nance, while for other it was marketing or how to get new technology. How do entrepreneurs face these problems? are there any economic solutions to identify and correct these problems? These were the questions that Prashanth brought with him along when he joined as a research fellow at the entrepreneurship, growth and public policy group of the Max Planck Institute of Economics, Germany. Research ideally must take the form of practice, and therefore Prashanth also studies scientists' intentions and opinions on commercialization of science. On the practice side, Prashanth's interests fall in the area of turnaround strategies, business performance, innovation and Knowledge management. Along with the issues of innovation and nance, Prashanth also works on exchange rate economics and development economics. Prashanth's work appeared in the Center for Economic Policy Reseach Paper series, Jena Economics Research Paper series as well as in peer-reviewed international journals. Prashanth is also associated with the Schumpeter School of Business and Economics in the University of Wuppertal, where he nished his PhD dissertation under the guidance of Professors Werner Boente and David B. Audretsch. Prashanth currently is a senior research fellow at the Entrepreneurship, Growth and Public Policy group of the Max Planck Institute of Economics in Jena, Germany. When not working, prashanth actively engages in photography, experimental art and hiking.

• Financial Signaling by Innovative Nascent Entrepreneurs.- What Do Scientists Want: Money or Fame?.- Regional Financial System and the Financial Structure of Small Firms.- Corruption and Innovation.