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1、The scale-up gapFinancial market constraints holding back innovative firms in the European UnionECONOMICS THEMATIC STUDIESThe scale-up gapFinancial market constraints holding back innovative firms in the European UnionThe scale-up gapFinancial market constraints holding back innovative firms in the

2、European Union European Investment Bank,2024.EIB Thematic StudiesJuly 2024All rights reserved.All questions on rights and licensing should be addressed to publicationseib.org.For further information on the EIBs activities,please consult our website,www.eib.org.You can also contact our Info Desk,info

3、eib.org.Get our e-newsletter at www.eib.org/sign-up.Published by the European Investment Bank.European Investment Bank98-100,boulevard Konrad AdenauerL-2950 LuxembourgAuthorsChiara Fratto,Matteo Gatti,Anastasia Kivernyk,Emily Sinnott and Wouter van der Wielen.This is a publication of the EIB Economi

4、cs Department.economicseib.orgwww.eib.org/economicsAbout the Economics DepartmentThe mission of the EIB Economics Department is to provide economic analyses and studies to support the Bank in its operations and in the definition of its positioning,strategy and policy.The department and its team of e

5、conomists is headed by Debora Revoltella,director of economics.DisclaimerThe views expressed in this publication are those of the authors and do not necessarily reflect the position of the European Investment Bank.EIB working papers are designed to facilitate the timely exchange of research findings

6、.They are not subject to standard EIB copyediting or proofreading.Printed on FSC Paper.pdf:QH-09-24-635-EN-NISBN 978-92-861-5788-2doi:10.2867/382579Contents Executive summary.v The scale-up gap:a key policy challenge for Europe.v Addressing growth constraints to keep the European Union at the techno