Author, as appears in the article.: Belén Guercio M, Martinez L, Bariviera A
Department: Gestió d'Empreses
e-ISSN: 2227-7072
URV's Author/s: Fernández Bariviera, Aurelio / MARTÍNEZ, LISANA BELÉN
Keywords: Sme Innovative firms Innovation Financial decisions Financial decision making European union Eu
Abstract: © 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.
Thematic Areas: Finance Business, finance
licence for use: thttps://creativecommons.org/licenses/by/3.0/es/
ISSN: 22277072
Author's mail: aurelio.fernandez@urv.cat
Author identifier: 0000-0003-1014-1010
Record's date: 2023-02-18
Journal volume: 7
Papper version: info:eu-repo/semantics/publishedVersion
Papper original source: International Journal Of Financial Studies. 7 (2):
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
Licence document URL: https://repositori.urv.cat/ca/proteccio-de-dades/
Entity: Universitat Rovira i Virgili
Journal publication year: 2019
Publication Type: Journal Publications
Repositori URV