Article ID Journal Published Year Pages File Type
9549471 Economics Letters 2005 8 Pages PDF
Abstract
We investigate the role of external financing in influencing firms' 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 founders' personal savings, while firms that received external private equity financing have greater start-up size.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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