FINANCING STRUCTURE OF PORTUGUESE START-UPs

Risk Governance & Control: Financial Markets & Institutions

关键词: Start-Up;    Innovation;    Financing Forms;    Crossection Data;    Panel Data;    Multivariate Models;   

DOI  :  10.22495/rgc7i4c1art5

学科分类：社会科学、人文和艺术（综合）

来源: Virtus Interpress

【 摘 要 】

The context where the companies operate has become more challenging given the binomial competitiveness and financial crisis. Market imbalances are an opportunity to explore creative solutions that characterize Start-Ups’ profiles. However, its innovative character carries risks that determine major funding difficulties. This way this article aims to investigate the influence of a set of variables in the composition of the financial structure of Portuguese Start-Ups. The methodology used is based on a cross-sectional data, integrating multivariate regressions (Logit, Tobit, and OLS), enriched by panel data analysis. The results show that company’s size, assets structure and legal form are statistically relevant.

【 授权许可】

CC BY-NC