Start-up firms often face difficulties in raising external funds. Employing a unique panel dataset covering 9,715 start-up firms over the period 2007-2009, we find that high-tech startups are less likely to use bank finance and face more difficulties in raising bank finance than low-tech...

Start-up firms often face difficulties in raising external funds. Employing a unique panel dataset covering 9,715 start-up firms over the period 2007-2009, we find that high-tech startups are less likely to use bank finance and face more difficulties in raising bank finance than low-tech...

In a relatively recent paper, Gehrig and Stenbacka (Eur Econ Rev 51, 77–99, 2007) show that information sharing increases banks’ profits to the detriment of creditworthy entrepreneurs in a model of a banking duopoly with switching costs and poaching. They restrict their analysis to the case...

[Vorbemerkung] Der nordrhein‐westfälische Landtag hat eine Enquete‐Kommission gebildet, die sich unter der Überschrift „Zukunft von Handwerk und Mittelstand in NRW“ mit den Chancen und Risiken der Digitalisierung für das Handwerk befasst. Durch die vertiefte Beschäftigung mit dem...