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Technology transfer – financing opportunities and limits in European Union

Author

Listed:
  • Laura GIURCA VASILESCU
  • Maria BUSE
  • Nicoleta DRACEA

    (University of Craiova)

Abstract

Technology transfer is an important instrument for promoting the economic growth and new jobs creation. Despite a high potential, the exploitation level of the research results is quite low in Europe. There are numerous barriers (structural, economic and legal) which affect the spin-out initiatives at the European Union but the main cause is represented by the lack of the investment funds, especially in the early stages (pre-seed and seed) of business development. Moreover, these deficiencies were increased by the effects of the international financial crisis, felt by majority states in the last period.

Suggested Citation

  • Laura GIURCA VASILESCU & Maria BUSE & Nicoleta DRACEA, 2009. "Technology transfer – financing opportunities and limits in European Union," Finante - provocarile viitorului (Finance - Challenges of the Future), University of Craiova, Faculty of Economics and Business Administration, vol. 1(10), pages 156-160, December.
    • Handle: RePEc:aio:fpvfcf:v:1:y:2009:i:10:p:156-160
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    More about this item

    Keywords

    technology transfer; financing opportunities; jobs creation; international financial crisis;
    All these keywords.

    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises
    • G30 - Financial Economics - - Corporate Finance and Governance - - - General
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill

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