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Patent backed securitizations are customized financial solutions characterized by a high level of complexity. Their evaluation involves the analysis of a variety of factors concerning the characteristics of the asset, the architecture and economics of the transaction, the stakeholders involved....
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The paper provides an empirical analysis of the patenting activity of a sample of Western European manufacturing firms undergoing a buyout between 1998 and 2004. A panel data design is used to test whether the characteristics of the deal and of private equity (PE) firms can affect acquired...
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The aim of the article is to evaluate the attractiveness and efficiency of the DOCUP 2000-2006 public financing program in Piedmont. The dataset consists of 1,235 firms that applied for public funding to Finpiemonte S.p.A. We first examined what determinants lead firms to apply for public...
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We analyze a sample of European high-tech entrepreneurial firms that received bank venture capital (BVC) financing between 1994 and 2004. We employ a “two-step” matching procedure in order to build a control group composed of (1) comparable firms that received venture capital financing from...
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