TY - BOOK AU - Pal,Rozalia AU - European Investment Bank AU - Durante,Elena AU - Ferrando,Annalisa TI - EIB Working Papers 2019/03 - Financing and obstacles for high growth enterprises: The European case T2 - EIB Working Papers SN - 9789286142314 PB - European Investment Bank KW - Business & Economics / Finance KW - bisacsh KW - Economics KW - Electronic books N1 - Access copy available to the general public N2 - Firms can be identified as high growth, stable or declining. This paper investigates the links between these different phases in the life of a firm, investment activity, financing needs and financing constraints. Using the representative EIBIS survey of EU companies, it finds that firms in a high growth phase are more likely to apply for equity financing and more likely to be financially constrained. Further, it identifies firms with a high growth potential. The most severe barriers for high-growth enterprises are the availability of skilled staff and business regulations, while potential high-growth enterprises are more constrained by uncertainty about the future UR - https://openresearchlibrary.org/content/afdd4d0e-a3c7-4cf2-97c4-4fe489d63a32 ER -