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Financing intangibles: Is there a market failure?
Manigart, Sophie ; Vanacker, Tom ; Knockaert, Mirjam ; Verbouw, Jeroen
Manigart, Sophie
Vanacker, Tom
Knockaert, Mirjam
Verbouw, Jeroen
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Publication Year
2020
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Book
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30
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Abstract
It is well established that growth companies positively and disproportionately impact employment creation and economic growth (European Commission, 2016a; OECD, 2019a). At the same time, these companies are confronted with significant challenges, including access to finance (OECD, 2019b). Numerous initiatives have been taken by regional and national authorities and by the European Union to alleviate growth companies’ expected funding gaps.
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Economic Growth