Internal Funds and Collateralized Borrowing in FinancingInnovation
碩士 === 國立臺灣大學 === 經濟學研究所 === 107 === The difficulty of financing innovation comes from two kinds of uncertainty: the uncertain input cost and the uncertain return. An entrepreneur can overcome the uncertain input cost by accumulating massive cash in advance but bears an inflation cost. An entreprene...
Main Authors: | , |
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Other Authors: | |
Format: | Others |
Language: | en_US |
Published: |
2019
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Online Access: | http://ndltd.ncl.edu.tw/handle/959m2a |