Small Business Financing: Differences Between Young and Old Firms

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Robb, Alicia M.;
  • Publisher: Montrose, CA: The Academy of Entrepreneurial Finance (AEF)
  • Journal: Journal of Entrepreneurial Finance and Business Ventures, volume 7, issue 2 Summer, pages 45-64
  • Subject: Financing, Firm Age, Access to Capital, Small Business, Small Firm
    • jel: jel:G32 | jel:M13
      ddc: ddc:650

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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