Coverart for item
The Resource Capital, emerging high-growth firms and public policy : the case against federal intervention, Terry F. Buss, (electronic resource)

Capital, emerging high-growth firms and public policy : the case against federal intervention, Terry F. Buss, (electronic resource)

Label
Capital, emerging high-growth firms and public policy : the case against federal intervention
Title
Capital, emerging high-growth firms and public policy
Title remainder
the case against federal intervention
Statement of responsibility
Terry F. Buss
Creator
Subject
Language
eng
Summary
Annotation:
Cataloging source
DLC
http://library.link/vocab/creatorName
Buss, Terry F
Dewey number
338.7/4
LC call number
HG4061
LC item number
.B87 2001
http://library.link/vocab/subjectName
  • Corporations
  • New business enterprises
  • Venture capital
Summary expansion
Policy makers--Republican and Democrat, liberal and conservative--call for federal intervention to fund emerging high-growth industries, believing they are starved for capital. Congressional hearings, newspapers, industry newsletters, and government reports all assert that capital gaps exist for these firms. But the widely held belief that emerging high-growth firms like those in high technology--so vital to the growth of the U.S. economy--face severe capital gaps, preventing them from starting up or growing to their full potential, is false. This book systematically brings together, for the first time, disparate sources of information from a wide variety of disciplines and synthesizes them into a compelling case against federal intervention. Scientific studies, conventional wisdom among entrepreneurs and investors, and economic reasoning all fail to support the existence of widespread capital gaps for start-up high-growth firms. Nor does this evidence show capital in short supply in some regions, in industrial sectors including high technology, or for women and minorities. Nor do existing federal programs providing capital to emerging high-growth businesses reveal capital gaps. Rather, they either unnecessarily duplicate private investment or represent poor investment decisions. This study shows that calls for increased federal intervention, using public monies to plug capital gaps, are unjustified
Label
Capital, emerging high-growth firms and public policy : the case against federal intervention, Terry F. Buss, (electronic resource)
Instantiates
Publication
Bibliography note
Includes bibliographical references (p. [205]-229) and index
Control code
OCM1bookssj0000117593
Dimensions
25 cm.
Dimensions
unknown
Extent
xvi, 237 p.
Governing access note
License restrictions may limit access
Isbn
9780275968601
Isbn Type
(alk. paper)
Lccn
00058021
Specific material designation
remote
System control number
(WaSeSS)ssj0000117593
Label
Capital, emerging high-growth firms and public policy : the case against federal intervention, Terry F. Buss, (electronic resource)
Publication
Bibliography note
Includes bibliographical references (p. [205]-229) and index
Control code
OCM1bookssj0000117593
Dimensions
25 cm.
Dimensions
unknown
Extent
xvi, 237 p.
Governing access note
License restrictions may limit access
Isbn
9780275968601
Isbn Type
(alk. paper)
Lccn
00058021
Specific material designation
remote
System control number
(WaSeSS)ssj0000117593

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