Innowacyjne mechanizmy finansowania nowych technologii Innovative financing mechanisms for new technologies
Journal Title: Annales Universitatis Mariae Curie-Skłodowska Sectio H Oeconomia - Year 2013, Vol 0, Issue 0
Abstract
Technologies research projects can be characterized by high level of risk and long-term horizon and they require significant capital expenditures, access to professional human resources and equipment. Due to the gloal financial crisis, the investors are unwilling to finance high risk research projects. Limited access to capital may slow down innovation research and restrain technological development. Thus, new technologies require innovative financing mechanisms to bridge the capital gap and continue research. The main aim of this paper is to identify the innovative financing mechanisms for new technologies based on the example of the biotechnology
Authors and Affiliations
Joanna Błach
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