Entrepreneurship, Growth and Economic Development
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Entrepreneurship, Growth and Economic Development

Frontiers in European Entrepreneurship Research

Edited by Mário Raposo, David Smallbone, Károly Balaton and Lilla Hortoványi

This timely book presents contemporary research on the key role of entrepreneurship in firm growth and development strategies. The contributors reveal that a high level of entrepreneurial activity contributes to economic growth, innovative activities, competition, job creation and local development.
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Chapter 4: Understanding the Start-up Funding Process in Venture Capital-backed and Non-venture Capital-backed Firms

Teresa Hogan and Elaine Hutson

Extract

4. Understanding the start-up funding process in venture capital-backed and non-venture capital-backed firms Teresa Hogan and Elaine Hutson INTRODUCTION The lack of a well-developed venture capital market has long been viewed as a major barrier to...

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