Articles producció científica> Gestió d'Empreses

SME Steeplechase: When Obtaining Money Is Harder Than Innovating

  • Dades identificatives

    Identificador: imarina:5468793
    Handle: https://hdl.handle.net/20.500.11797/imarina5468793
    Autors:
    Belén Guercio M, Martinez L, Bariviera A
    Resum:
    © 2019 by the authors. Licensee MDPI, Basel, Switzerland. In this paper, we analyze the main characteristics of European Small and Medium Enterprises (SMEs), related to the demand for and access to external financial resources. We use microdata from an extensive database, elaborated by the European Central Bank and the European Commission: the Survey on the Access to Finance of Enterprises. Firstly, we consider a set of variables as determinants to the decision to apply for different financial instruments. Secondly, we use the same set of variables to analyze the actual access to these instruments. For each regression, several SMEs profiles were created, in order to detect SMEs archetypes according to their decisions. The results are thought-provoking, and highlight that differences in firms characteristics (size, innovative activities, etc.), influence not only the access to, but also the demand for external finance.

  • Altres:

    Autor segons l'article: Belén Guercio M, Martinez L, Bariviera A
    Departament: Gestió d'Empreses
    e-ISSN: 2227-7072
    Autor/s de la URV: Fernández Bariviera, Aurelio / MARTÍNEZ, LISANA BELÉN
    Paraules clau: Sme Innovative firms Innovation Financial decisions Financial decision making European union Eu
    Resum: © 2019 by the authors. Licensee MDPI, Basel, Switzerland. In this paper, we analyze the main characteristics of European Small and Medium Enterprises (SMEs), related to the demand for and access to external financial resources. We use microdata from an extensive database, elaborated by the European Central Bank and the European Commission: the Survey on the Access to Finance of Enterprises. Firstly, we consider a set of variables as determinants to the decision to apply for different financial instruments. Secondly, we use the same set of variables to analyze the actual access to these instruments. For each regression, several SMEs profiles were created, in order to detect SMEs archetypes according to their decisions. The results are thought-provoking, and highlight that differences in firms characteristics (size, innovative activities, etc.), influence not only the access to, but also the demand for external finance.
    Àrees temàtiques: Finance Business, finance
    Accès a la llicència d'ús: thttps://creativecommons.org/licenses/by/3.0/es/
    ISSN: 22277072
    Adreça de correu electrònic de l'autor: aurelio.fernandez@urv.cat
    Identificador de l'autor: 0000-0003-1014-1010
    Data d'alta del registre: 2023-02-18
    Volum de revista: 7
    Versió de l'article dipositat: info:eu-repo/semantics/publishedVersion
    Enllaç font original: https://www.mdpi.com/2227-7072/7/2/25
    Referència a l'article segons font original: International Journal Of Financial Studies. 7 (2):
    Referència de l'ítem segons les normes APA: Belén Guercio M, Martinez L, Bariviera A (2019). SME Steeplechase: When Obtaining Money Is Harder Than Innovating . International Journal Of Financial Studies, 7(2), -. DOI: 10.3390/ijfs7020025
    URL Document de llicència: https://repositori.urv.cat/ca/proteccio-de-dades/
    DOI de l'article: 10.3390/ijfs7020025
    Entitat: Universitat Rovira i Virgili
    Any de publicació de la revista: 2019
    Tipus de publicació: Journal Publications

  • Paraules clau:

    Business, Finance,Finance
    Sme
    Innovative firms
    Innovation
    Financial decisions
    Financial decision making
    European union
    Eu
    Finance
    Business, finance

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