This file is part of IDEAS, which uses RePEc data


[ Papers | Articles | Software | Books | Chapters | Authors | Institutions | JEL Classification | NEP reports | Search | New papers by email | Author registration | Rankings | Volunteers | FAQ | Blog | Help! ]

The Capital Structure of Finnish Biotechnology SMEs - An empirical analysisi

Author info | Abstract | Publisher info | Download info | Related research | Statistics
Author Info
ANTTI-JUSSI TAHVANAINEN

Additional information is available for the following registered author(s):

Abstract

No abstract is available for this item.

Download Info
To download:

If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://www.etla.fi/files/686_dp864.pdf
File Format: application/pdf
File Function:
Download Restriction: no

Publisher Info
Paper provided by The Research Institute of the Finnish Economy in its series Discussion Papers with number 864.

Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Length: 62 pages
Date of creation: 08 Aug 2003
Date of revision:
Handle: RePEc:rif:dpaper:864

Contact details of provider:
Postal: L�nnrotinkatu 4 B, FIN-00120 HELSINKI
Phone: +358 (0)9 609 900
Fax: +358 (0)9 601 753
Web page: http://www.etla.fi/
More information through EDIRC

Order Information:
Email:

For technical questions regarding this item, or to correct its listing, contact: (Kaija Hyvönen-Rajecki).

Related research
Keywords:

Other versions of this item:

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Tomi Hussi, 2003. "Intellectual Capital and Maintenance of Work Ability - The Wellbeing Perspective," Discussion Papers 858, The Research Institute of the Finnish Economy. [Downloadable!]
  2. Alvarez, Luis H R & Koskela, Erkki, 2003. "On Forest Rotation under Interest Rate Variability," International Tax and Public Finance, Springer, vol. 10(4), pages 489-503, August. [Downloadable!] (restricted)
  3. Lotta Väänänen, 2003. "Agency Costs and R&D: Evidence from Finnish SMEs," Discussion Papers 859, The Research Institute of the Finnish Economy. [Downloadable!]
  4. Erkki Koskela & Markku Ollikainen, 2003. "A Behavioral and Welfare Analysis of Progressive Forest Taxation," Discussion Papers 862, The Research Institute of the Finnish Economy. [Downloadable!]
  5. Jensen, Michael C, 1986. "Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers," American Economic Review, American Economic Association, vol. 76(2), pages 323-29, May. [Downloadable!] (restricted)
  6. Oliver Hart & John Moore, 1990. "A Theory of Corporate Financial Structure Based on the Seniority of Claims," NBER Working Papers 3431, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  7. Williamson, Oliver E, 1988. " Corporate Finance and Corporate Governance," Journal of Finance, American Finance Association, vol. 43(3), pages 567-91, July. [Downloadable!] (restricted)
  8. Narayanan, M. P., 1988. "Debt versus Equity under Asymmetric Information," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 23(01), pages 39-51, March. [Downloadable!]
  9. Jensen, Michael C. & Meckling, William H., 1976. "Theory of the firm: Managerial behavior, agency costs and ownership structure," Journal of Financial Economics, Elsevier, vol. 3(4), pages 305-360, October. [Downloadable!] (restricted)
  10. Heinkel, Robert, 1982. " A Theory of Capital Structure Relevance under Imperfect Information," Journal of Finance, American Finance Association, vol. 37(5), pages 1141-50, December. [Downloadable!] (restricted)
  11. Luis H.R. Alvarez & Erkki Koskela, 2003. "Irreversible Investment under Interest Rate Variability: Some Generalizations," Discussion Papers 841, The Research Institute of the Finnish Economy. [Downloadable!]
  12. Myers, Stewart C, 1984. " The Capital Structure Puzzle," Journal of Finance, American Finance Association, vol. 39(3), pages 575-92, July. [Downloadable!] (restricted)
  13. Ari Hyytinen & Lotta Väänänen, 2002. "Government Funding of Small and Medium-sized Enterprises in Finland," Discussion Papers 832, The Research Institute of the Finnish Economy. [Downloadable!]
  14. Jyrki Ali-Yrkkö & Mika Pajarinen, 2003. "Julkinen T&K-rahoitus ja sen vaikutus yrityksiin - Analyysi metalli- ja elektroniikkateollisuudesta," Discussion Papers 846, The Research Institute of the Finnish Economy. [Downloadable!]
  15. Erkki Koskela & Matti Viren, 2003. "Government Size and Output Volatility: New International Evidence," Discussion Papers 857, The Research Institute of the Finnish Economy. [Downloadable!]
  16. Lotta Väänänen, 2003. "Public Provision of Business Support Services in Finland," Discussion Papers 850, The Research Institute of the Finnish Economy. [Downloadable!]
  17. Raine Hermans & Terttu Luukkonen, 2002. "Findings of the ETLA Survey on Finnish Biotechnology Firms," Discussion Papers 819, The Research Institute of the Finnish Economy. [Downloadable!]
  18. Diamond, Douglas W, 1989. "Reputation Acquisition in Debt Markets," Journal of Political Economy, University of Chicago Press, vol. 97(4), pages 828-62, August. [Downloadable!] (restricted)
  19. Luigi Zingales, 2000. "In Search of New Foundations," CRSP working papers 515, Center for Research in Security Prices, Graduate School of Business, University of Chicago. [Downloadable!]
  20. Harris, Milton & Raviv, Artur, 1990. " Capital Structure and the Informational Role of Debt," Journal of Finance, American Finance Association, vol. 45(2), pages 321-49, June. [Downloadable!] (restricted)
  21. Alho, Kari E O, 2003. "The Impact of Regionalism on Trade in Europe," Royal Economic Society Annual Conference 2003 3, Royal Economic Society. [Downloadable!]
  22. Luis H.R. Alvarez & Erkki Koskela, 2003. "On Forest Rotation Under Interest Rate Variability," Discussion Papers 840, The Research Institute of the Finnish Economy. [Downloadable!]
  23. Lotta Väänänen, 2003. "Does Public Funding Have a Halo Effect?," Discussion Papers 853, The Research Institute of the Finnish Economy. [Downloadable!]
  24. Luigi Zingales, 2000. "In Search of New Foundations," NBER Working Papers 7706, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  25. Shyam-Sunder, Lakshmi & C. Myers, Stewart, 1999. "Testing static tradeoff against pecking order models of capital structure1," Journal of Financial Economics, Elsevier, vol. 51(2), pages 219-244, February. [Downloadable!] (restricted)
  26. DeAngelo, Harry & Masulis, Ronald W., 1980. "Optimal capital structure under corporate and personal taxation," Journal of Financial Economics, Elsevier, vol. 8(1), pages 3-29, March. [Downloadable!] (restricted)
  27. Heli Koski & Carolina Sierimo, 2003. "Entry and Exit in the ICT Sector - New Markets, New Industrial Dynamics?," Discussion Papers 847, The Research Institute of the Finnish Economy. [Downloadable!]
  28. Mika Maliranta & Petri Rouvinen, 2003. "Productivity Effects of ICT in Finnish Business," Discussion Papers 852, The Research Institute of the Finnish Economy. [Downloadable!]
  29. Harris, Milton & Raviv, Artur, 1991. " The Theory of Capital Structure," Journal of Finance, American Finance Association, vol. 46(1), pages 297-355, March. [Downloadable!] (restricted)
  30. Myers, Stewart C., 1984. "Capital structure puzzle," Working papers 1548-84., Massachusetts Institute of Technology (MIT), Sloan School of Management. [Downloadable!]
  31. Petri Böckerman & Mika Maliranta, 2003. "The micro-level dynamics of regional productivity growth: The source of divergence in Finland," ERSA conference papers ersa03p32, European Regional Science Association. [Downloadable!]
    Other versions:
  32. Hannu Piekkola, 2002. "Palkkaneuvottelut ja työmarkkinat Pohjoismaissa ja Euroopassa," Discussion Papers 838, The Research Institute of the Finnish Economy. [Downloadable!]
  33. Laura Paija, 2003. "Distribution of Intellectual Property Rights and the Development of Technology Suppliers," Discussion Papers 844, The Research Institute of the Finnish Economy. [Downloadable!]
  34. Raine Hermans & Ilkka Kauranen, 2003. "Intellectual Capital and Anticipated Future Sales in Small and Medium-sized Biotechnology Companies," Discussion Papers 856, The Research Institute of the Finnish Economy. [Downloadable!]
  35. Stulz, ReneM., 1990. "Managerial discretion and optimal financing policies," Journal of Financial Economics, Elsevier, vol. 26(1), pages 3-27, July. [Downloadable!] (restricted)
  36. Ari Hyytinen & Mika Pajarinen, 2002. "Small Business Finance in Finland. A Descriptive Study," Discussion Papers 812, The Research Institute of the Finnish Economy. [Downloadable!]
  37. Pekka Ilmakunnas & Mika Maliranta, 2003. "Worker Inflow, Outflow, and Churning," Discussion Papers 861, The Research Institute of the Finnish Economy. [Downloadable!]
    Other versions:
  38. Kari Alho, 2003. "The Impact of Regionalism on Trade in Europe," Discussion Papers 843, The Research Institute of the Finnish Economy. [Downloadable!]
  39. Luigi Zingales, 2000. "In Search of New Foundations," Journal of Finance, American Finance Association, vol. 55(4), pages 1623-1653, 08. [Downloadable!] (restricted)
  40. James S. Ang & Rebel A. Cole & James Wuh Lin, 2000. "Agency Costs and Ownership Structure," Journal of Finance, American Finance Association, vol. 55(1), pages 81-106, 02. [Downloadable!] (restricted)
  41. Pekka Ilmakunnas & Mika Maliranta, 2005. "Technology, Labour Characteristics and Wage-productivity Gaps," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 67(5), pages 623-645, October. [Downloadable!] (restricted)
    Other versions:
  42. Luis Alvarez & Erkki Koskela, 2003. "On Forest Rotation under Interest Rate Variability," Asia-Pacific Financial Markets, Springer, vol. 10(4), pages 489-503, August. [Downloadable!] (restricted)
  43. Krasker, William S, 1986. " Stock Price Movements in Response to Stock Issues under Asymmetric Information," Journal of Finance, American Finance Association, vol. 41(1), pages 93-105, March. [Downloadable!] (restricted)
  44. Miller, Merton H, 1977. "Debt and Taxes," Journal of Finance, American Finance Association, vol. 32(2), pages 261-75, May. [Downloadable!] (restricted)
  45. Markku Stenborg, 2002. "Economics of Joint Dominance," Discussion Papers 834, The Research Institute of the Finnish Economy. [Downloadable!]
  46. Kari Alho, 2002. "Kannattaako tulopolitiikkaa jatkaa ?," Discussion Papers 837, The Research Institute of the Finnish Economy. [Downloadable!]
  47. Kari Alho, 2002. "The Equilibrium Rate of Unemployment and Policies to Lower It: The Case of Finland," Discussion Papers 839, The Research Institute of the Finnish Economy. [Downloadable!]
  48. Marianne Paasi, 2002. "Economics of Collective Benchmarking - Learning in Research and Innovation Policy," Discussion Papers 836, The Research Institute of the Finnish Economy. [Downloadable!]
  49. Sanford J. Grossman & Oliver D. Hart, 1982. "Corporate Financial Structure and Managerial Incentives," NBER Chapters, in: The Economics of Information and Uncertainty, pages 107-140 National Bureau of Economic Research, Inc. [Downloadable!]
  50. Zingales, Luigi, 2000. "In Search of New Foundations," CEPR Discussion Papers 2551, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
  51. Raine Hermans & Antti-Jussi Tahvanainen, 2002. "Ownership and Financial Structure of Biotechnology SMEs: Evidence from Finland," Discussion Papers 835, The Research Institute of the Finnish Economy. [Downloadable!]
  52. Stewart C. Myers, 1984. "Capital Structure Puzzle," NBER Working Papers 1393, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
Full references

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Antti-Jussi Tahvanainen, 2004. "Academic Spin-offs in Finnish Biotechnology," Discussion Papers 900, The Research Institute of the Finnish Economy. [Downloadable!]
Statistics
Access and download statistics

Did you know? You too can volunteer for RePEc, for example by encouraging others to register as authors.

This page was last updated on 2009-11-24.


This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.