Can Government Intervention Make Firms More Investment-Ready?

Innovative start-ups and SMEs in developing and transition countries often have good ideas, but may not have these ideas fine-tuned to the stage where they can attract outside funding. This is the case in the Western Balkans, where there is a perce...

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Bibliographic Details
Main Authors:	Cusolito, Ana Paula, Dautovic, Ernest, McKenzie, David
Format:	Brief
Language:	English
Published:	World Bank, Washington, DC 2018
Subjects:	BUSINESS ENVIRONMENT PRIVATE INVESTMENT GOVERNMENT INTERVENTION BALKANS
Online Access:	http://documents.worldbank.org/curated/en/674591537884909486/Can-Government-Intervention-Make-Firms-More-Investment-Ready http://hdl.handle.net/10986/30501

id	okr-10986-30501
recordtype	oai_dc
spelling	okr-10986-305012021-05-25T10:54:42Z Can Government Intervention Make Firms More Investment-Ready? Cusolito, Ana Paula Dautovic, Ernest McKenzie, David BUSINESS ENVIRONMENT PRIVATE INVESTMENT GOVERNMENT INTERVENTION BALKANS Innovative start-ups and SMEs in developing and transition countries often have good ideas, but may not have these ideas fine-tuned to the stage where they can attract outside funding. This is the case in the Western Balkans, where there is a perceived lack of investment readiness of innovative start-ups to be in a position where they can compete for, and take on, outside equity.Investment Readiness Programs are a relatively new intervention that are intended to provide a comprehensive approach to overcoming the constraints to firms receiving outside investment through a mix of individualized training, mentoring and coaching, at an intensity that is sufficient to make firms more investment-ready, while maintaining a cost that is low enough to be scalable to large numbers of firms. These programs have now been used in the U.S. by the National Science Foundation, and by several government agencies in Europe (e.g. The UK Government’s Small Business Service and Enterprise Ireland), along with pilot programs in Romania and Malaysia. However, to date there is no causal evidence as to their effectiveness. 2018-10-04T17:05:04Z 2018-10-04T17:05:04Z 2018-09 Brief http://documents.worldbank.org/curated/en/674591537884909486/Can-Government-Intervention-Make-Firms-More-Investment-Ready http://hdl.handle.net/10986/30501 English Finance & PSD Impact;No. 51 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Brief Europe and Central Asia Eastern Europe
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	BUSINESS ENVIRONMENT PRIVATE INVESTMENT GOVERNMENT INTERVENTION BALKANS
spellingShingle	BUSINESS ENVIRONMENT PRIVATE INVESTMENT GOVERNMENT INTERVENTION BALKANS Cusolito, Ana Paula Dautovic, Ernest McKenzie, David Can Government Intervention Make Firms More Investment-Ready?
geographic_facet	Europe and Central Asia Eastern Europe
relation	Finance & PSD Impact;No. 51
description	Innovative start-ups and SMEs in developing and transition countries often have good ideas, but may not have these ideas fine-tuned to the stage where they can attract outside funding. This is the case in the Western Balkans, where there is a perceived lack of investment readiness of innovative start-ups to be in a position where they can compete for, and take on, outside equity.Investment Readiness Programs are a relatively new intervention that are intended to provide a comprehensive approach to overcoming the constraints to firms receiving outside investment through a mix of individualized training, mentoring and coaching, at an intensity that is sufficient to make firms more investment-ready, while maintaining a cost that is low enough to be scalable to large numbers of firms. These programs have now been used in the U.S. by the National Science Foundation, and by several government agencies in Europe (e.g. The UK Government’s Small Business Service and Enterprise Ireland), along with pilot programs in Romania and Malaysia. However, to date there is no causal evidence as to their effectiveness.
format	Brief
author	Cusolito, Ana Paula Dautovic, Ernest McKenzie, David
author_facet	Cusolito, Ana Paula Dautovic, Ernest McKenzie, David
author_sort	Cusolito, Ana Paula
title	Can Government Intervention Make Firms More Investment-Ready?
title_short	Can Government Intervention Make Firms More Investment-Ready?
title_full	Can Government Intervention Make Firms More Investment-Ready?
title_fullStr	Can Government Intervention Make Firms More Investment-Ready?
title_full_unstemmed	Can Government Intervention Make Firms More Investment-Ready?
title_sort	can government intervention make firms more investment-ready?
publisher	World Bank, Washington, DC
publishDate	2018
url	http://documents.worldbank.org/curated/en/674591537884909486/Can-Government-Intervention-Make-Firms-More-Investment-Ready http://hdl.handle.net/10986/30501
_version_	1764472279522082816

Can Government Intervention Make Firms More Investment-Ready?

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