Financing Innovation

• Tác giả: JaeHoon Yoo
• Ngôn ngữ: eng
• Ký hiệu phân loại: 658.57 Research and development (R and D)
• Thông tin xuất bản: World Bank, Washington, DC, 2012
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 328577
• Chủ đề: 1. AFFILIATED ORGANIZATIONS; 2. CAPITAL MARKET; 3. COMPANY; 4. CORPORATE GOVERNANCE; 5. DISCLOSURE

Tóm tắt

More than 24 countries operate separate boards and exchanges aimed at small and medium-size enterprises (SMEs). Equity markets play a critical role in fostering economic productivity by financing innovation. But only a few SME exchanges function properly, providing coveted fresh capital and liquidity. What steps are key to building an efficient exchange to provide risk capital for SMEs? Creating an SME-friendly market architecture supported by effective institutions and forging links to policies that foster a new class of investable equities.