EconPapers    
Economics at your fingertips  
 

Savings, Finance, and Capital for Entrepreneurial Ventures

Niklas Elert (), Magnus Henrekson () and Mark Sanders

Chapter 4 in The Entrepreneurial Society, 2019, pp 53-72 from Springer

Abstract: Abstract To promote an entrepreneurial society, many of the institutions that mobilize and allocate savings and financial resources in the European Union must be reformed. The proposals in this area seek to address the bias against small, innovative, and young ventures in Europe’s financial markets, dominated by banks and large pension funds. These intermediaries tend to prefer large debt-based investments over the small equity investments that young ventures need, and the problem is exacerbated by perverse tax incentives. In addition, we discuss reforms that can support the emergence of new, platform-based intermediation in financial markets. Competencies for reform are divided among member states and the Union, but often fall outside the traditional scope of entrepreneurship policy.

Keywords: Finance; Banking; Venture capital; Institutions; Entrepreneurship (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations: View citations in EconPapers (1)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:inschp:978-3-662-59586-2_4

Ordering information: This item can be ordered from
http://www.springer.com/9783662595862

DOI: 10.1007/978-3-662-59586-2_4

Access Statistics for this chapter

More chapters in International Studies in Entrepreneurship from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2025-04-01
Handle: RePEc:spr:inschp:978-3-662-59586-2_4