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  1. Research & Education Resources
  2. 070 Working Papers = ワーキングペーパー
  3. IIR Working Paper

Surveying Technology-Based Small Firms: A Perspective From Belgium

http://hdl.handle.net/10086/16003
http://hdl.handle.net/10086/16003
ed00095c-79d2-4472-a76b-3c12d4492bed
名前 / ファイル ライセンス アクション
070iirWP03-23.pdf 070iirWP03-23.pdf (445986 bytes)
アイテムタイプ デフォルトアイテムタイプ(フル)その2(1)
公開日 2017-05-20
タイトル
タイトル Surveying Technology-Based Small Firms: A Perspective From Belgium
言語 en
作成者 Bozkaya, Ant

× Bozkaya, Ant

en Bozkaya, Ant

fr Universit? Libre de Bruxelles

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Romain, Astrid

× Romain, Astrid

en Romain, Astrid

fr Universit? Libre de Bruxelles

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Pottelsberghe de la Potterie, Bruno van

× Pottelsberghe de la Potterie, Bruno van

en Pottelsberghe de la Potterie, Bruno van

fr Universit? Libre de Bruxelles

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寄与者
寄与者タイプ Editor
姓名 Institute of Innovation Research, Hitotsubashi University
言語 en
アクセス権
アクセス権 open access
アクセス権URI http://purl.org/coar/access_right/c_abf2
主題
主題Scheme Other
主題 technology-based small firms
主題
主題Scheme Other
主題 entrepreneurship
主題
主題Scheme Other
主題 start-up financing
主題
主題Scheme Other
主題 survey data
内容記述
内容記述タイプ Other
内容記述 First Draft: November 2003
言語 en
内容記述
内容記述タイプ Abstract
内容記述 This paper details a survey methodology on technology-based small firms (TBSF) in Belgium. The survey's objective is to better understand the factors underlying the creation and development of firms with high growth potentials. In this respect it focuses on the socio-economic factors associated with the entrepreneurs, on the national framework conditions affecting entrepreneurship and on the financial architecture of the firms. The survey data of 103 TBSFs shows that 82 percent of entrepreneurs finance their firms with their own personal savings at seed stage. The debt-financing funds mostly in the form of government subsidies of all kind and commercial bank loans are the secondary source of finance and together constitute the biggest portion of total external finance. 26 percent of these firms had at start-up stage been recipient of venture capital funds and 20 percent of “angel” funds. There is also evidence that as firms get older the proportion of internal finance decreases while external finance first increases at start-up, peaks at early growth, and gradually decreases at later stages of development. Several strengths and weaknesses of the Belgian framework conditions for entrepreneurship are identified. The results also allow to better understand the key socio-cultural determinants of entrepreneurs themselves. 97 percent of technology-based small firm entrepreneurs are male. Over 80 percent of entrepreneurs in the survey have a university degree and 42 percent hold post-graduate degrees. We briefly discuss these findings in light of existing literature.
出版者
出版者 Institute of Innovation Research, Hitotsubashi University
日付
日付 2003-11
日付タイプ Issued
言語
言語 eng
資源タイプ
資源タイプ識別子 http://purl.org/coar/resource_type/c_18gh
資源タイプ technical report
出版タイプ
出版タイプ VoR
出版タイプResource http://purl.org/coar/version/c_970fb48d4fbd8a85
関連情報
関連タイプ isPartOf
関連名称 IIR Working Paper ; No. 03-23
ページ数
ページ数 34
JEL
値 M13
JEL
値 G20
JEL
値 M21
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