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.


Venture Capital Information Asymmetry Market Failure Private Equity Life Cycle Stage 
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© Elisabetta Gualandri 2008

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  • Elisabetta Gualandri

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