Showing 1 - 10 of 16,600
paradigm to one based on innovation in which new start-ups and venture businesses play a key role. However, the venture capital …
Persistent link: https://www.econbiz.de/10010464940
A creative economy requires innovation-friendly conditions. Korea’s innovation system should be improved by upgrading universities and expanding their role in business R&D, while increasing international collaboration in R&D from its current low level. The returns from Korea’s large...
Persistent link: https://www.econbiz.de/10010464970
more R&D and innovation, the need to develop venture and other equity capital financing, and the need to build stronger …
Persistent link: https://www.econbiz.de/10011582115
We explore how financial constraints distort the entry decisions among otherwise productive entrepreneurs and limit growth of promising young firms. A model of liquidity-constrained entrepreneurs suggests that the easing of credit constraints can induce more entry of firms with greater long-run...
Persistent link: https://www.econbiz.de/10014372477
availability of new external capital. In this study we analyze the impact of financial constraints on the performance of Swiss … whether the effect of the availability of external capital on firm performance changes with increasing age of the firms. To … measure the impact of external capital as a whole, we include separate indicators for debt and venture capital constraints …
Persistent link: https://www.econbiz.de/10003919424
-employee data on the Portuguese economy for the 2010-2018 period, we estimate the impact of management teams’ human capital on the … conclude that policies that induce an improvement in the managerial human capital of micro and small-sized firms have …
Persistent link: https://www.econbiz.de/10012630480
will prefer debt because (a) they want to maintain their optimal capital structure; (b) they have greater needs to shield … from typical agency problems and financial restriction on capital markets. Such high transaction costs justify the gap …
Persistent link: https://www.econbiz.de/10009756929
We test the assumptions of trade-off theory (TOT) and pecking order theory (POT) regarding corporate leverage. The dependent variable being the debt ratio, we apply a linear model upon a balanced panel data-set of 2,370 French SMEs over the period 2002 - 2010. In accordance to TOT, trade credit...
Persistent link: https://www.econbiz.de/10010492381
Persistent link: https://www.econbiz.de/10013455015
performance levels. The capital structure of Austrian SMEs are biased towards debt-financing and stronger equity, growth and … venture capital markets would provide them with further resources for their long-term knowledge based investments. Skills …
Persistent link: https://www.econbiz.de/10012203255