Bozkaya, A.; Potterie, B. Van Pottelsberghe De La - In: Economics of Innovation and New Technology 17 (2008) 1-2, pp. 97-122
Using an original survey sample of 103 unquoted Belgian technology-based small firms (TBSFs), we examine the capital structure of start-up companies during their consecutive development stages. We find that internal funds, either alone as personal savings or in combination with family and...