SME steeplechase : when obtaining money is harder than innovating.

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...

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Autores principales: Guercio, M. Belén, Martinez, Lisana B., Fernández Bariviera, Aurelio
Lenguaje:Inglés
Publicado: Instituto de Publicación Digital Multidisciplinario MDPI 2020
Materias:
SME
Acceso en línea:http://repositoriodigital.uns.edu.ar/handle/123456789/5077
Aporte de:
id I20-R126123456789-5077
record_format dspace
institution Universidad Nacional del Sur
institution_str I-20
repository_str R-126
collection Repositorio Institucional Universidad Nacional del Sur (UNS)
language Inglés
orig_language_str_mv eng
topic Financial decisions
innovative firms;
SME
spellingShingle Financial decisions
innovative firms;
SME
Guercio, M. Belén
Martinez, Lisana B.
Fernández Bariviera, Aurelio
SME steeplechase : when obtaining money is harder than innovating.
topic_facet Financial decisions
innovative firms;
SME
description 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.
author Guercio, M. Belén
Martinez, Lisana B.
Fernández Bariviera, Aurelio
author_facet Guercio, M. Belén
Martinez, Lisana B.
Fernández Bariviera, Aurelio
author_sort Guercio, M. Belén
title SME steeplechase : when obtaining money is harder than innovating.
title_short SME steeplechase : when obtaining money is harder than innovating.
title_full SME steeplechase : when obtaining money is harder than innovating.
title_fullStr SME steeplechase : when obtaining money is harder than innovating.
title_full_unstemmed SME steeplechase : when obtaining money is harder than innovating.
title_sort sme steeplechase : when obtaining money is harder than innovating.
publisher Instituto de Publicación Digital Multidisciplinario MDPI
publishDate 2020
url http://repositoriodigital.uns.edu.ar/handle/123456789/5077
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