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Financing the high technology startups in Belgium: an explorative study

Manigart, Sophie
Struyf, Carol
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Publication Type
Journal article with impact factor
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Supervisor
Publication Year
1997
Journal
Small Business Economics
Book
Publication Volume
9
Publication Issue
2
Publication Begin page
125
Publication End page
135
Publication NUmber of pages
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Abstract
The results of an explorative study on the financing of 18 high technology Belgian startups are reported. On a counts basis, the most important sources of financing at the startup are the entrepreneurs and the banks, but the sources that provide the largest amounts of funds are the venture capital companies and private investors. Private investors and venture capitalists have a complimentary role, with the former investing mostly at the startup and the latter financing the early growth. The role of the government, universities and other companies is limited.
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Keywords
Innovation & R&D Management, Research & Development (R&D), Innovation Management
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