This paper investigates the links between alternative growth phases of firms and barriers to financing and investment … more financially constrained. To match their needs for external finance, HGEs are more likely to apply for equity financing …

Start-ups are seen as the leading force in dynamically growing economies. Limited financing opportunities often prevent … financing opportunities. Although a large number of studies focus on start-up financing in the digital age, the literature is … between 1990 and 2019, we address the following purposes: First, we outline a holistic picture on the financing spectrum of …