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- W2574520004 abstract "Governments in all OECD countries either currently have, or have previously had, publicly funded programmes to improve access to finance amongst new and/or small firms. This paper provides insights to governments on the risks associated with funding such businesses. It shines a light into this opaque marketplace by examining the survival and default records of more than 6000 new business clients with Barclays Bank over 10 years. It finds approximately one-in-four start-ups that receive finance will experience a default at some point in their life-cycle and concludes there are significant risks for governments seeking to intervene in this marketplace." @default.
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- W2574520004 date "2016-09-01" @default.
- W2574520004 modified "2023-10-04" @default.
- W2574520004 title "The financing of new firms: what governments need to know" @default.
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- W2574520004 doi "https://doi.org/10.1080/13215906.2016.1269298" @default.
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