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Abstract

The debate concerning the financing of innovative small and medium-sized enterprises (ISMEs) finds that these firms face an equity gap, in other words, a shortage of risk capital investment. The aim of this chapter is to define the concept of the equity gap within the broader concept of the financing gap.

Keywords

Venture Capital Information Asymmetry Market Failure Private Equity Life Cycle Stage 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Elisabetta Gualandri 2008

Authors and Affiliations

  • Elisabetta Gualandri

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