Theory of public revenue contingent loans for financing innovative entrepreneurial firms

PhD Seminar (Econ)

Speaker

Leana Ugrinovska

Venue

Other, please see description for details

Date

Friday, 13 December, 2019 - 09:30 to 11:00

In this paper, Leana Ugrinovska discusses a new form of financing innovations, revenue contingent loans, which are not available on the private market for innovative entrepreneurial firms. Governments can and shall fill in that gap, providing RCLs to innovators charging them a cohort risk premium interest rate. Governments have two advantages for RCLs over private markets: transactional efficiencies and the precedent claimant.

Find flyers, registration, and complete event details at https://crawford.anu.edu.au/news-events/events/15452/theory-public-revenue-contingent-loans-financing-innovative-entrepreneurial

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