Bridging the Equity Gap for Innovative SMEs

1. Front Matter

   Pages i-xx

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2. Introduction

   • Elisabetta Gualandri, Valeria Venturelli

   Pages 1-8

3. Innovation and Economic Growth

   • Elisabetta Gualandri, Valeria Venturelli

   Pages 9-16

4. Access to Finance of Innovative SMEs

   • Valeria Venturelli

   Pages 17-28

5. Equity Gap and Innovative SMEs

   • Elisabetta Gualandri

   Pages 29-42

6. An Original Equity Requirement Estimation Model

   • Luciana Canovi, Valeria Venturelli

   Pages 43-60

7. The Intermediaries in the Risk Capital Industry

   • Alessandro G. Grasso

   Pages 61-85

8. Size and Evolution of the Risk Capital Industry

   • Alessandro G. Grasso

   Pages 86-109

9. The Role of Equity Markets

   • Fabio Braga, Massimo Demasi

   Pages 110-144

10. The Role of the Public Sector

    • Elisabetta Gualandri, Paola Schwizer

    Pages 145-172

11. Back Matter

    Pages 173-196

    PDF

Explores the idea that Europe's growth problems may be caused by weaknesses in capital markets and in the access to risk capital. It addresses the evaluation of the financial needs and constraints of start-up firms and how these might be bridged. The role of public sector intervention is analyzed, focusing on international best practices.

• capital
• capital market
• economic growth
• finance
• growth
• banking

• Marco Biagi Faculty of Economics, University of Modena and Reggio Emilia, Italy

  Elisabetta Gualandri, Valeria Venturelli

FABIO BRAGA Senior Analyst, Economic Research Department, Borsa Italiana LUCIANA CANOVI Lecturer in Finance, 'Marco Biagi' Faculty of Economics, University of Modena and Reggio Emilia, Italy MASSIMO DEMASIMA Senior Analyst, Industry Analysis and Business Support Department, Borsa Italiana ALESSANDRO G. GRASSO Post-Doctoral Scholar in Market and Financial Intermediaries, University of Modena and Reggio Emilia, Italy PAOLA SCHWIZER Professor of Banking, University of Parma, Italy

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