caa a22 4500 467993912 CHVBK 20180323112552.0 cr unu---uuuuu 170328e19900301xx s 000 0 eng 10.1007/BF00389894 doi (NATIONALLICENCE)springer-10.1007/BF00389894 Rapoport John Department of Economics, Mount Holyoke College, 01075-1461, South Hadley, MA, USA aut Financing of technological innovation by small firms: Case studies in the medical devices industry [Elektronische Daten] [John Rapoport] This paper summarizes the findings of 13 detailed case studies of medical device product innovations carried out by small firms. The case studies concentrate on the costs of innovative activity and the sources of funds used by the firms in the time period prior to the introduction of the innovation. Activities by organizations other than the small firm which was the primary innovator are also included. All but one of the innovations used multiple sources of funds, usually 2-4 different sources. The most frequently used source (9 cases) was personal funds of the company founder. Next most frequent sources (6 cases each) were cash flow from other products or services and funds obtained from another organization involved in the innovation process. Five cases involved public sales of securities. Infrequently used sources of funds were bank loans, venture capital firms and government sources. Kluwer Academic Publishers, 1990 Small Business Economics Kluwer Academic Publishers 2/1(1990-03-01), 59-71 0921-898X 2:1<59 1990 2 11187 https://doi.org/10.1007/BF00389894 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/BF00389894 text/html Onlinezugriff via DOI NATIONALLICENCE 100 1- Rapoport John Department of Economics, Mount Holyoke College, 01075-1461, South Hadley, MA, USA aut NATIONALLICENCE 773 0- Small Business Economics Kluwer Academic Publishers 2/1(1990-03-01), 59-71 0921-898X 2:1<59 1990 2 11187 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer