1.

Record Nr.

UNINA9910476879103321

Autore

Pal Rozalia

Titolo

EIB Working Papers 2019/03 - Financing and obstacles for high growth enterprises : : The European case / / Rozalia Pal, European Investment Bank, Elena Durante, Annalisa Ferrando . Volume 2019/3

Pubbl/distr/stampa

2019

Luxembourg : , : European Investment Bank, , 2019

ISBN

9789286142314

9286142315

Descrizione fisica

1 online resource (1 p.)

Collana

EIB Working Papers

Soggetti

Business & Economics / Finance

Economics

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Sommario/riassunto

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.