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. Scholars identify difficulties in the financial sphere as the main causes of SME mortality. Such problems do not allow them to … tools, particularly equity crowdfunding, contribute to the SME dimension. The work outlines the main development factors …
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This paper reviews the evidence on financing technology-based small firms (TBSFs) in Europe. The main findings in the literature are the 1) European TBSF's finance new investments by relying primarily on internal funds, due to capital market failures induced by asymmetric information; 2)...
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