Small business financing: Differences between young and old firms

Article English OPEN
Alicia M. Robb;
(2002)
  • Publisher: The Academy of Entrepreneurial Finance (AEF) Montrose, CA
  • Journal: volume 7,issue 2 Summer,pages45-64
  • Subject: Financing, Firm Age, Access to Capital, Small Business, Small Firm
    • jel: jel:G32 | jel:M13
      ddc: ddc:330

Financial capital is necessary not only for business formation but also for business survival and expansion: its role is well documented in the literature. While venture capital and IPOs often make the popular press, the fact is most firms are unable to tap into this ma... View more
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