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High-growth SMEs

M. Brun. and F. Chai.

Quarterly selection of articles - Bulletin de la Banque de France, 2012, issue 25, 5-22

Abstract: Independent, high-growth SMEs are a significant driver of France’s economic growth: they create a large number of jobs, make a significant contribution to innovation and are particularly profitable when they manage to emerge. Their rapid development requires a suitable financing method: once they have reached maturity, these companies raise their equity levels in order to restore their balance sheet, opening up their capital to private investors, both households and businesses.

Keywords: SMEs; high growth; gazelles; job creation; external growth; Alternext. (search for similar items in EconPapers)
JEL-codes: L22 L23 (search for similar items in EconPapers)
Date: 2012
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