Analyzes the lack of funding for small and medium-sized enterprises (SMEs) and recommends measures to foster an improved flow of financing.... scrutiny, but also a lack of understanding about the role that venture capital play in value creation for the company they finance. ... this technique has proved itself very costly and cumbersome to PE/VC managers that should be spending their time in ... placing the private initiative as a fundamental player in selecting investments, adding value to portfolio companies, ... investments in scientific research, but linking scientific research and commercial application were extremely tenuous.
|Title||:||The SME Financing Gap (Vol. I) Theory and Evidence|
|Publisher||:||OECD Publishing - 2006-10-25|