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In questo articolo viene stimato l'impatto della dimensione e dell'eta' dell'impresa sulla crescita di 310 imprese italiane ad elevata tecnologia. La relazione tra crescita, dimensione ed eta' viene valutata sia per l'intero campione che con riguardo al settore di appartenenza e a diverse classi...
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Several studies have highlighted that new technology-based firms (NTBFs) are often financially constrained, with these constraints hindering firms' growth and even threatening their survival. Even though the provision of venture capital (VC) may allow firms to overcome these constraints, VC...
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This work analyses the effect of informal risk capital financing on a firm's investment/cash flow sensitivity (ICFS) in a sample of 498 Italian privately held high-tech entrepreneurial ventures (HTEVs) observed from 1996 to 2008. To detect financial constraints, we resort to an error correction...
Persistent link: https://www.econbiz.de/10010741097
Entrepreneurial ventures operating in high-tech industries are more and more adopting innovative business models, which are based on use of the market for ideas instead of the market for products or on the leveraging of communities of users and developers. A common characteristic of these...
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This study aims at empirically investigating whether technology incubators help academic high-tech start-ups to establish collaborations with other organizations, thus increasing the competitiveness of these firms. In doing so, we take into account the specificities of academic high-tech...
Persistent link: https://www.econbiz.de/10010620192
The present work analyses the effect of public finance on firm investments in a longitudinal sample of 293 Italian unlisted owner-managed, new technology-based firms (NTBFs), observed over a 10-year period from 1994 to 2003. We find that large, old NTBFs and those located in the north of Italy...
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