BOLOS, Bradut-Vasile; MAGD, Hesham - In: STUDIA UNIVERSITATIS PETRU MAIOR SERIES OECONOMICA 1/2013 (2013) December, pp. 1-12
In this paper we attempt to model a moudaraba inspired financing system for SME support, especially for start-ups, using public funding as high-risk investments instead of grants. The model obtained suggests such an approach may prove to be more efficient, but further research is required.