Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
9549471 | Economics Letters | 2005 | 8 Pages |
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
Massimo G. Colombo, Luca Grilli,