Bridging the Equity Gap for Innovative SMES
| العنوان: | Bridging the Equity Gap for Innovative SMES |
|---|---|
| المؤلفون: | E. GUALANDRI, VALERIA VENTURELLI, Gualandri, Elisabetta, Venturelli, Valeria |
| المساهمون: | GUALANDRI, Elisabetta, VENTURELLI, Valeria |
| بيانات النشر: | Palgrave Macmillan GBR BASINGSTOKE |
| سنة النشر: | 2008 |
| المجموعة: | Archivio della ricerca dell'Università di Modena e Reggio Emilia (Unimore: IRIS) |
| مصطلحات موضوعية: | Innovative SME, equity gap, equity financing, venture capital, business angel, public-private partnership, entrepreneurship, financial markets for SMEs |
| الوصف: | The contribution of small and medium-sized enterprises (SMEs) to job creation, innovation and economic growth is acknowledged and testified in developed countries, as well as in developing and emerging economies. Although it represents an extremely small proportion of the total number of SMEs in any given country, the subsector of innovative SMEs (ISMEs) has an even greater role in creating new jobs and enhancing technological development, with a major contribution to overall economic growth. This is particularly true for advanced economies, where growth in productivity is generated not so much by the accumulation of capital as by innovation and its diffusion by the knowledge spillover mechanism and entrepreneurial capital.In view of the strategic economic role played by the creation and development of these firms, an understanding is required of the factors which may adversely affect the growth of SMEs, and especially the financial difficulties which may prevent them from fulfilling their potential. Since SMEs, and ISMEs in particular, may face serious constraints due to market failures, these firms may be the victims of financing and equity gaps even in advanced economies. Given this scenario, the book deals with the theme of the equity gap for innovative SMEs and the devices and instruments developed in order to bridge it. The main research questions might be summarised as follows:1. Is it possible to separate out and verify the financing constraints that affect the birth and development of ISMEs?2. Is it possible to identify and perhaps measure the size of the financing gap in a reliable manner?3. Is there a role for financial intermediaries and markets in bridging the equity gap? And if so, what is it?4. Is public intervention feasible in solving this problem? If so which are the best practices developed at the international level by policy-makers?The main results can be summarized as follows:1. There are certainly financing constraints that affect the birth and development of ISMEs in particular, arising ... |
| نوع الوثيقة: | other/unknown material |
| وصف الملف: | STAMPA |
| اللغة: | English |
| العلاقة: | info:eu-repo/semantics/altIdentifier/isbn/9780230205055; ispartofseries:Palgrave Macmillan Studies in Banking and Financial Institutions; firstpage:1; lastpage:196; http://hdl.handle.net/11380/606644Test |
| الإتاحة: | http://hdl.handle.net/11380/606644Test |
| رقم الانضمام: | edsbas.B07ED93 |
| قاعدة البيانات: | BASE |
| الوصف غير متاح. |