Title of article
Start-up size: The role of external financing
Author/Authors
Massimo G. Colombo، نويسنده , , Luca Grilli، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2005
Pages
8
From page
243
To page
250
Abstract
We investigate the role of external financing in influencing firmsʹ start-up size. The econometric estimates run on a sample of Italian young firms operating in high-tech industries highlight that bank debt-financed firms are not larger than firms created only through foundersʹ personal savings, while firms that received external private equity financing have greater start-up size
Keywords
New technology-based firms , Firm start-up size , External financing , Financial constraints
Journal title
Economics Letters
Serial Year
2005
Journal title
Economics Letters
Record number
435731
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