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Explores the idea that Europe’s growth problems may be caused by weaknesses in capital markets and in the access to risk capital. It addresses the evaluation of the financial needs and constraints of start-up firms and how these might be bridged. The role of public sector intervention is analyzed, focusing on international best practices.
Author Biography
FABIO BRAGA Senior Analyst, Economic Research Department, Borsa Italiana
LUCIANA CANOVI Lecturer in Finance, ‘Marco Biagi’ Faculty of Economics, University of Modena and Reggio Emilia, Italy
MASSIMO DEMASIMA Senior Analyst, Industry Analysis and Business Support Department, Borsa Italiana
ALESSANDRO G. GRASSO Post-Doctoral Scholar in Market and Financial Intermediaries, University of Modena and Reggio Emilia, Italy
PAOLA SCHWIZER Professor of Banking, University of Parma, Italy
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