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Financial constraints on the growth of high technology small firms in the United Kingdom

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  • Paul Westhead
  • David Storey

Abstract

Irrespective of the chosen measure of technological sophistication for a sample of independent high technology firms, the most technologically sophisticated appeared much more likely to report that a continual financial constraint had impeded firm growth, compared with the less technologically sophisticated.

Suggested Citation

  • Paul Westhead & David Storey, 1997. "Financial constraints on the growth of high technology small firms in the United Kingdom," Applied Financial Economics, Taylor & Francis Journals, vol. 7(2), pages 197-201.
  • Handle: RePEc:taf:apfiec:v:7:y:1997:i:2:p:197-201 DOI: 10.1080/096031097333763
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