New research out of York University, Florida Atlantic University and the University of Hong Kong indicates that venture capital funding is better than bank loans for the growth of startup businesses.
The study, published in the Journal of International Financial Markets, Institutions and Money, analyzed data on small businesses from 1995 and investigated changes in the number of small companies in all of the states in the U.S. Researchers used data compiled by the U.S. Census Bureau.
For the full article from York University news, visit here.
For the full study published in the Journal of International Financial Markets, Institutions and Money by Rebel Cole, DePaul University, Douglas Cumming, York University, Schulich School of Business and Dan Li, University of Hong Kong. visit here.