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Financing technology-based small firms in Europe: what do we know?

  • Valérie Revest
  • Alessandro Sapio

    ()

This paper reviews the evidence on financing technology-based small firms (TBSFs) in Europe. European TBSFs finance new investments by relying primarily on internal funds, due to capital market failures induced by asymmetric information (...)

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File URL: http://hdl.handle.net/10.1007/s11187-010-9291-6
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Article provided by Springer in its journal Small Business Economics.

Volume (Year): 39 (2012)
Issue (Month): 1 (July)
Pages: 179-205

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Handle: RePEc:kap:sbusec:v:39:y:2012:i:1:p:179-205
DOI: 10.1007/s11187-010-9291-6
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