EIB Working Papers 2019/03 - Financing and obstacles for high growth enterprises The European case / Volume 2019/3 Volume 2019/3

Firms can be identified as high growth, stable or declining. This paper investigates the links between these different phases in the life of a firm, investment activity, financing needs and financing constraints. Using the representative EIBIS survey of EU companies, it finds that firms in a high gr...

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Bibliographic Details
Corporate Author: European Investment Bank editor (editor)
Other Authors: Pal, Rozalia author (author), Durante, Elena author, Ferrando, Annalisa author
Format: eBook
Language:Inglés
Published: Luxembourg : European Investment Bank 2019
2019.
Series:EIB Working Papers
Subjects:
See on Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009653742106719
Description
Summary:Firms can be identified as high growth, stable or declining. This paper investigates the links between these different phases in the life of a firm, investment activity, financing needs and financing constraints. Using the representative EIBIS survey of EU companies, it finds that firms in a high growth phase are more likely to apply for equity financing and more likely to be financially constrained. Further, it identifies firms with a high growth potential. The most severe barriers for high-growth enterprises are the availability of skilled staff and business regulations, while potential high-growth enterprises are more constrained by uncertainty about the future.
Physical Description:1 online resource (1 p.)
ISBN:9789286142314