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Finanzierungsbeschränkungen junger technologieorientierter Unternehmen. Ergebnisse einer Unternehmensbefragung

Author

Listed:
  • Werner Hölzl
  • Andreas Reinstaller

    (WIFO)

Abstract
Wie die Ergebnisse einer Umfrage des WIFO zeigen, unterliegen mehr als die Hälfte der jungen technologieorientierten Unternehmen Finanzierungsbeschränkungen, die in vielen Fällen die Markteinführung von innovativen Produkten verzögern und in erster Linie auf eine Eigenkapitallücke zurückzuführen sind: Insbesondere finanzierungsbeschränkte Unternehmen bezeichnen eigenkapitalorientierte Finanzierungsinstrumente und Risikokapital als geeignete Finanzierungsform. Allerdings streben nur wenige Unternehmen eine Finanzierung über Risikokapital an.

Suggested Citation

  • Werner Hölzl & Andreas Reinstaller, 2013. "Finanzierungsbeschränkungen junger technologieorientierter Unternehmen. Ergebnisse einer Unternehmensbefragung," WIFO Monatsberichte (monthly reports), WIFO, vol. 86(8), pages 649-662, August.
  • Handle: RePEc:wfo:monber:y:2013:i:8:p:649-662
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    References listed on IDEAS

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    1. Vos, Ed & Yeh, Andy Jia-Yuh & Carter, Sara & Tagg, Stephen, 2007. "The happy story of small business financing," Journal of Banking & Finance, Elsevier, vol. 31(9), pages 2648-2672, September.
    2. Angelo Secchi & Federico Tamagni & Chiara Tomasi, 2011. "Exporting under financial constraints: margins, switching dynamics and prices," LEM Papers Series 2011/24, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    3. Michael Peneder, 2009. "The impact of venture capital on innovation behaviour and firm growth," Venture Capital, Taylor & Francis Journals, vol. 12(2), pages 83-107, November.
    4. Gregory F. Udell, 2009. "How will a credit crunch affect small business finance?," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, issue mar6.
    5. Stiglitz, Joseph E & Weiss, Andrew, 1981. "Credit Rationing in Markets with Imperfect Information," American Economic Review, American Economic Association, vol. 71(3), pages 393-410, June.
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    Cited by:

    1. Kathrin Hranyai & Jürgen Janger & Anna Strauss, 2013. "Forschungsquotenziele 2020," WIFO Studies, WIFO, number 46996.
    2. Kathrin Hranyai & Jürgen Janger, 2016. "Forschungsquotenziele 2020. Aktualisierung 2015," WIFO Studies, WIFO, number 58680.
    3. Anna Strauss & Jürgen Janger, 2018. "Forschungsquotenziele 2020. Aktualisierung 2018," WIFO Studies, WIFO, number 60904.

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