From Start-up to Scale-up: Examining Public Policies for the Financing of High-Growth Ventures
Thomas Hellmann () and
No 12004, CEPR Discussion Papers from C.E.P.R. Discussion Papers
This paper examines the challenge of entrepreneurial companies to go beyond the start-up phase and grow into large successful companies. We examine the long-term financing of these so-called scale-up companies, focusing on the US, Europe and Canada. The paper first provides a conceptual framework for understanding the challenges of financing scale-ups. It then shows some data about the various aspects of financing scale-ups in the US, Europe and Canada. Finally the paper raises the question of long-term public policies for supporting the creation of a better scale-up environment.
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Working Paper: From start-up to scale-up- examining public policies for the financing of high-growth ventures (2017)
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