This paper investigates the bank financing policy of new small and medium-sized enterprises (SMEs), its evolution and its relevance during early growth stages over their first 10 years. We use a large European panel dataset on early-stage SMEs founded in 2007–2015. The study provides useful...

This article investigates the capital structure dynamics of European SMEs by assessing the impact of firm-specific, institutional, and macroeconomic factors over the period 2005–2015, including the European Sovereign Debt Crisis (ESDC). In this setup, we perform a dynamic panel data analysis,...

Objective: The objective of the article is to investigate whether the impact of innovativeness and competitiveness of small and medium-sized enterprises (SMEs) on their financial risks differ depending on the countries where SMEs are located. Research Design & Methods: The researchers created an...

Can policymakers improve macroeconomic performance by encouraging the entry of high-performance startups? To answer this question, we construct a novel and comprehensive data set on 1.3 million startups in ten European countries. We apply cluster analysis to identify distinct startup types and...

How much can policymakers improve macroeconomic outcomes by encouraging the entry of high-performance startups? We construct a novel and comprehensive data set on almost 1,5 million startup firms in ten European countries. We then apply cluster analysis to identify distinct startup types and...

Can policymakers improve macroeconomic performance by encouraging the entry of high‑performance start‑ups? To answer this question, we construct a novel and comprehensive data set on 1.3 million start‑ups in 10 European countries. We apply cluster analysis to identify distinct start‑up...

This paper investigates the determinants of the transitions from unemployment to paid employment, own-account work, and employership in Europe, with special focus on the role of some macroeconomic variables. Our results suggest that the coexistence of recession periods, start-up incentives, and...

This paper analyses data on industrial robots in European manufacturing sectors, focusing on their applications and characteristics, their distribution over countries and sectors and the main factors that are correlated with robot adoption such as wage levels and robot prices. We argue that,...