Capital, Emerging High-Growth Firms and Public Policy: The Case Against Federal Intervention



Capital, Emerging High-Growth Firms and Public Policy: The Case Against Federal Intervention
Praeger | March-30-2001 | ISBN: 027596860X | 256 pages | File type: PDF | 1mb

Policy makersRepublican and Democrat, liberal and conservativecall 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 technologyso vital to the growth of the U.S. economyface 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.

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