Public Grants and Venture Capital investments as complementary sources for SME financing
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Come citare

Bellucci, A., Gucciardi, G., & Nepelski, D. (2021). Public Grants and Venture Capital investments as complementary sources for SME financing . Argomenti, (20). https://doi.org/10.14276/1971-8357.3012

Abstract

Questo articolo analizza le differenti caratteristiche delle imprese, e in particolare delle PMI, che accedono a forme di sovvenzionamento pubblico o finanziamento privato. In quest’ottica, si prende in esame uno dei sussidi pubblici più diffusi orientato alle PMI giovani e innovative dell’Unione Europea (Orizzonte 2020) e lo si confronta con il finanziamento di Venture Capital, uno strumento tipicamente orientato a finanziare l’equity di aziende analoghe. Confrontando le caratteristiche delle imprese che ricevono l’uno o l’altro tipo di strumento, riscontriamo al contrario differenze significative nelle caratteristiche aziendali delle imprese finanziate dai due strumenti, sia in termini dimensionali (ricavi, asset) che di  fase di sviluppo.

https://doi.org/10.14276/1971-8357.3012
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Copyright (c) 2022 Andrea Bellucci, Gianluca Gucciardi