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Economics/Finances Bridging the Equity Gap for Innovative SMEs

Posted on 2010-04-14




Name:Economics/Finances Bridging the Equity Gap for Innovative SMEs
ASIN/ISBN:0230205054
Publisher:Palgrave
Publish Date:December 22, 2009
Pages:216 Pages
File size:5 Mb
Publisher: Palgrave
Pages: 216 Pages
ISBN: 0230205054
Publish Date: December 22, 2009
File Type: PDF
File Size: 927 KB
   Economics/Finances Bridging the Equity Gap for Innovative SMEs

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Bridging the Equity Gap for Innovative SMEs By E. Gualandri and V. Venturelli

There is an increasing perception that Europe's growth problems, in the present competitive environment, may be caused not so much by rigidities in labour markets, as by weaknesses in capital markets, and in particular in the access to risk capital. This book addresses the evaluation of the financial needs and constraints faced by start-up firms and the means for bridging their financing and equity gaps during the firm's most crucial growth phases. The role of public sector intervention is analysed, focusing on international best practices and the creation of public-private partnerships aiming at developing a private venture capital market for these innovative firms.

Contents:

Innovation and economic growth / Elisabetta Gualandri and Valeria Venturelli -- Access to finance of innovative SMEs / Valeria Venturelli -- Equity gap and innovative SMEs / Elisabetta Gualandri -- An original equity requirement estimation model / Luciana Canovi and Valeria Venturelli -- The intermediaries in the risk capital industry / Alessandro G. Grasso -- Size and evolution of the risk capital industry / Alessandro G. Grasso -- The role of equity markets / Fabio Braga and Massimo Demasi -- The role of the public sector / Elisabetta Gualandri and Paola Schwizer.

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