RESEARCH-DEVELOPMENT ACTIVITIES FINANCING OUT OF PRIVATE SOURCES

Abstract

Research-development activity financing was always a hot subject because, most of the times, it is expected that the said financing be done from budget sources but, lately, economic entities which have such research-development activity have looked up to provide this funding also from private sources. Presently, there are several ways of financing such activity on the funding market, the entities having the possibility to choose the one which fits best their organization also (bank credits, bond loans, leasing etc.). Even if sometimes these financing sources are expensive for the moment, in the long run they may be beneficial for the entities as the procurement of new products allows them either to enter new markets or corner a more significant part of the market on which they are.

Keywords

• research-development, financing, bank credit, leasing, factoring, risk capital