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Author: John R. Baldwin Publisher: ISBN: Category : Languages : en Pages : 49
Book Description
This paper investigates the financial characteristics of new small firms. The analysis develops a representative, small-firm financial profile, and evaluates the extent to which the proportionate use of different instruments and sources is correlated with industry-level and firm-specific characteristics. Multivariate methods are then used to examine relationships between financial structure, Ramp;D-intensity and innovation. Our results suggest that relationships between knowledge-intensity and capital structure are bi-directional. After controlling for a range of industry- and firm-level covariates, firms that devote a higher percentage of their investment expenditure to Ramp;D also exhibit less debt-intensive structures. Conversely, debt-intensive structures also act to constrain investments in Ramp;D. These relationships, however, depend upon the type of debt in the asset mix. It is the share of long-term debt to total assets that is negatively related to investments in knowledge.
Author: John R. Baldwin Publisher: ISBN: Category : Languages : en Pages : 49
Book Description
This paper investigates the financial characteristics of new small firms. The analysis develops a representative, small-firm financial profile, and evaluates the extent to which the proportionate use of different instruments and sources is correlated with industry-level and firm-specific characteristics. Multivariate methods are then used to examine relationships between financial structure, Ramp;D-intensity and innovation. Our results suggest that relationships between knowledge-intensity and capital structure are bi-directional. After controlling for a range of industry- and firm-level covariates, firms that devote a higher percentage of their investment expenditure to Ramp;D also exhibit less debt-intensive structures. Conversely, debt-intensive structures also act to constrain investments in Ramp;D. These relationships, however, depend upon the type of debt in the asset mix. It is the share of long-term debt to total assets that is negatively related to investments in knowledge.
Author: Quas Anita Publisher: World Scientific ISBN: 981120277X Category : Business & Economics Languages : en Pages : 356
Book Description
This book provides an updated view of new trends in entrepreneurial finance, with the aim of guiding academics and non-academics alike that want to gain a deeper understanding of this field.It collects recent contributions from scholars from all over the world. Each chapter provides new empirical or theoretical evidence on fundamental issues related to entrepreneurial finance, including business angels, crowdfunding, Initial Coin Offerings, Mini bonds, public support and more. Besides reviewing the recent trends in the field, the book also highlights new avenues for research, and implications for practitioners.
Author: Enrico Santarelli Publisher: Springer Science & Business Media ISBN: 9780387288680 Category : Business & Economics Languages : en Pages : 318
Book Description
The analysis of different national cases (including, Germany, Greece, Italy, Portugal, Turkey, the Netherlands, and the United States) puts forward that the relationship between entrepreneurship and growth (via innovation) is shaped by the context of country-specific institutions and industries, thereby providing hints for industrial and innovation policy.
Author: OECD Publisher: OECD Publishing ISBN: 9264029419 Category : Languages : en Pages : 140
Book Description
Analyzes the lack of funding for small and medium-sized enterprises (SMEs) and recommends measures to foster an improved flow of financing.
Author: Bronwyn H. Hall Publisher: ISBN: Category : Languages : en Pages : 56
Book Description
Evidence on the "funding gap" for investment innovation is surveyed. The focus is on financial market reasons for underinvestment that exist even when externality-induced underinvestment is absent. We conclude that while small and new innovative firms experience high costs of capital that are only partly mitigated by the presence of venture capital, the evidence for high costs of R&D capital for large firms is mixed. Nevertheless, large established firms do appear to prefer internal funds for financing such investments and they manage their cash flow to ensure this. Evidence shows that there are limits to venture capital as a solution to the funding gap, especially in countries where public equity markets for VC exit are not highly developed. We conclude by suggesting areas for further research.
Author: Ershi Qi Publisher: Springer Science & Business Media ISBN: 3642384277 Category : Business & Economics Languages : en Pages : 1596
Book Description
The International Conference on Industrial Engineering and Engineering Management is sponsored by the Chinese Industrial Engineering Institution, CMES, which is the only national-level academic society for Industrial Engineering. The conference is held annually as the major event in this arena. Being the largest and the most authoritative international academic conference held in China, it provides an academic platform for experts and entrepreneurs in the areas of international industrial engineering and management to exchange their research findings. Many experts in various fields from China and around the world gather together at the conference to review, exchange, summarize and promote their achievements in the fields of industrial engineering and engineering management. For example, some experts pay special attention to the current state of the application of related techniques in China as well as their future prospects, such as green product design, quality control and management, supply chain and logistics management to address the need for, amongst other things low-carbon, energy-saving and emission-reduction. They also offer opinions on the outlook for the development of related techniques. The proceedings offers impressive methods and concrete applications for experts from colleges and universities, research institutions and enterprises who are engaged in theoretical research into industrial engineering and engineering management and its applications. As all the papers are of great value from both an academic and a practical point of view, they also provide research data for international scholars who are investigating Chinese style enterprises and engineering management.
Author: Publisher: The Fraser Institute ISBN: Category : Languages : en Pages : 41
Book Description
However, the reports also find that Canadian banks lag behind industry leaders in the two most important measures relating to entrepreneurial businesses: the amount of bank lending (in terms of the quantity of funds) and the terms by which that lending is provided. [...] An analysis of the structural influences suggests that environmental features, such as the scale of the economy, the size of the banks, and the degree of concentration of the banking system, cannot explain the differences in bank performance between Canada and other industrialized countries. [...] Bank loans and the funding of entrepreneurial business The importance of different sources of finance for entrepreneurial businesses is difficult to gauge directly because of the diversity of these businesses. [...] The Milken Institute bank performance measures The Banking and Financial Index (BF Index), a subcategory of the Capital Access Index that is important to this study, assesses the contribution of a country's financial institutions to entre- preneurial finance on the basis of the following banking performance measures: •. Claims on non-financial firms as a percentage of GDP; •. Bank assets as a perc [...] The breadth of the banking measures used by the BF Index means that the items included differ substantially in terms of their relevance to the contribution of a country to entrepreneurial finance.
Author: John R. Baldwin
Author: John R. Baldwin
Author: Baldwin, John R. (John Russel)
Author: Walter M. Jenny
Author: 
Author: Quas Anita
Author: Enrico Santarelli
Author: OECD
Author: Bronwyn H. Hall
Author: Ershi Qi
Author: