عنوان

Capital, emerging high-growth firms and public policy :

(Number (ISBN

027596860X

(Number (ISBN

0313000468

(Number (ISBN

9780275968601

(Number (ISBN

9780313000461

Title Proper

Capital, emerging high-growth firms and public policy :

General Material Designation

[Book]

Other Title Information

the case against federal intervention /

First Statement of Responsibility

Terry F. Buss.

Place of Publication, Distribution, etc.

Westport, Conn. :

Name of Publisher, Distributor, etc.

Praeger,

Date of Publication, Distribution, etc.

2001.

Specific Material Designation and Extent of Item

1 online resource (xvi, 237 pages)

Text of Note

Includes bibliographical references (pages 205-229) and index.

Text of Note

Preliminaries; Contents; Figures and Tables; Preface; Acknowledgments; 1 The Importance of New High Growth Firms; 2 Characteristics of High Growth Firms; 3 Development Stage and Finance; 4 Capital Availability; 5 Regional Disparities; 6 Technology Based Ventures; 7 Women and Minorities; 8 Policy Implications; Appendix Federal Capital Subsidy Programs; Bibliography; Index.

0

Text of Note

Annotation Policy makers--Republican and Democrat, liberal and conservative--call for federal intervention to fund emerging high-growth industries, believing they are starved for capital. Congressional hearings, newspapers, industry newsletters, and government reports all assert that capital gaps exist for these firms. But the widely held belief that emerging high-growth firms like those in high technology--so vital to the growth of the U.S. economy--face severe capital gaps, preventing them from starting up or growing to their full potential, is false. This book systematically brings together, for the first time, disparate sources of information from a wide variety of disciplines and synthesizes them into a compelling case against federal intervention. Scientific studies, conventional wisdom among entrepreneurs and investors, and economic reasoning all fail to support the existence of widespread capital gaps for start-up high-growth firms. Nor does this evidence show capital in short supply in some regions, in industrial sectors including high technology, or for women and minorities. Nor do existing federal programs providing capital to emerging high-growth businesses reveal capital gaps. Rather, they either unnecessarily duplicate private investment or represent poor investment decisions. This study shows that calls for increased federal intervention, using public monies to plug capital gaps, are unjustified.

Source for Acquisition/Subscription Address

Greenwood eBooks

Title

Capital, emerging high-growth firms and public policy.

International Standard Book Number

027596860X

Corporations-- United States-- Finance.

New business enterprises-- United States-- Finance.

Venture capital-- United States.

BUSINESS & ECONOMICS-- Corporate & Business History.

Corporations-- Finance.

New business enterprises-- Finance.

Venture capital.

United States.

7

BUS-- 077000

Number

Edition

Class number

Book number

Buss, Terry F.

Date of Transaction

20200822101259.0

Cataloguing Rules (Descriptive Conventions))

pn

Electronic name

[Book]

Y