Introduction : Funding Gaps : A Symposium  

Oleh:

Cressy, Robert

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: The Economic Journal (EBSCO) vol. 112 no. 477 (2002), page F1-F16.
Topik: GAP; gaps; symposium
Fulltext: F1.pdf (118.01KB)

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: EE28.6 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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Isi artikel

Theoretical and empirical foundations of government policies to plug alleged business funding gaps are highly controversial but rarely subject to wide - ranging in - depth debate. This symposium from major scholars in the field provides a counterbalance. Topics addressed cover the theory of lending under asymmetric information ; its implications for over lending ; relationship lending as a market solution to information asymmetries ; government emulation of private sector decision - making to eliminate underprovision of high tech equity and theoretically - based empirical work testing for funding deficiencies in the high tech sector. Despite the very different and potentially contradictory contributions the result is, surprisingly, a set of mutually agreed policy conclusions.

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