{"id":34275,"date":"2016-04-04T09:34:00","date_gmt":"2016-04-04T09:34:55","guid":{"rendered":"https:\/\/www.enterpriseresearch.ac.uk\/?page_id=34275"},"modified":"2018-09-20T13:46:37","modified_gmt":"2018-09-20T12:46:37","slug":"project2","status":"publish","type":"page","link":"https:\/\/www.enterpriseresearch.ac.uk\/completed-projects\/project2\/","title":{"rendered":"Do firms with an aspiration to expand into international markets find finance more difficult to access?"},"content":{"rendered":"\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-av_two_third-9497bbf8bff73ea4c6992cc17fa9ec36\">\n.flex_column.av-av_two_third-9497bbf8bff73ea4c6992cc17fa9ec36{\nborder-radius:0px 0px 0px 0px;\n-webkit-border-radius:0px 0px 0px 0px;\n-moz-border-radius:0px 0px 0px 0px;\n}\n<\/style>\n<div class='flex_column av-av_two_third-9497bbf8bff73ea4c6992cc17fa9ec36 av_two_third  avia-builder-el-0  el_before_av_one_third  avia-builder-el-first  first flex_column_div av-zero-column-padding '   ><section  class='av_textblock_section av-av_textblock-35972167d9f102c5ddaec0c531c98b9e'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class='avia_textblock'  itemprop=\"text\" ><blockquote>\n<p>International expansion is critical for firm survival and growth. However, lack of finance can significantly hinder a firm\u2019s ability to develop export markets. There has been limited research on how a lack of finance can impact SME aspirations for exports. We also know very little about SME exports in one of the world\u2019s fastest growing markets, China.<\/p>\n<\/blockquote>\n<p>This project addresses the following research question: Do firms with an aspiration to expand into international markets find finance more difficult to access? Our sample includes proprietary data of over 4,000 medium size firms (interviews with senior executives) from the UK, Germany, France and Italy. Our data enables us to conduct a comparative analysis of the four largest European economies and has significant implications for policy makers who aim to develop the British \u2018Mittelstand\u2019.<\/p>\n<p>As John Longworth, the Director General of the British Chambers of Commerce (BCC) said at the 2015 annual BCC conference, \u201conly if we fix our business finance system will we have a British, home-grown Microsoft, Google, Samsung, Miele, Siemens, L\u2019Oreal or Tata in the years ahead\u201d.<\/p>\n<\/div><\/section><br \/>\n<div  class='hr av-av_hr-dcd2069817a0e3d34ae04cad8f3443c7 hr-default  avia-builder-el-2  el_after_av_textblock  el_before_av_textblock '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-av_textblock-35972167d9f102c5ddaec0c531c98b9e'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class='avia_textblock'  itemprop=\"text\" ><h3><strong>Stakeholder meeting<\/strong><\/h3>\n<p>An initial stakeholder meeting was held to discuss this project on 16<sup>th<\/sup> May 2016. A brief presentation from Nicos Nicolaou provided an overview of the data to be used in the study and the key research questions. Data is available for mid-market firms for four countries \u2013 the UK, Germany, Italy and France \u2013 and so a comparative perspective on the financing of innovation is possible. This was thought to be useful given the different mechanisms used to finance exporting in the different countries.<\/p>\n<p>There was some discussion of the way in which finance might influence exporting in medium sized companies and smaller firms and a recognition that the situation in terms of finance had changed somewhat since the recession. Discussion centred on the role of finance and other barriers to exporting and internationalisation and suggested the possibility of considering these other influences \u2013 e.g. skills, managerial competences, information \u2013 on exporting.<\/p>\n<p>The possibilities of using other data sources to consider the barriers to exporting for smaller firms \u2013 particularly the Longitudinal Small Business Survey was also discussed.<\/p>\n<div  class='avia-button-wrap avia-button-left  avia-builder-el-4  avia-builder-el-no-sibling ' >\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-av_button-52190bf92550e6027139c677dd8d4582\">\n#top #wrap_all .avia-button.av-av_button-52190bf92550e6027139c677dd8d4582{\nbackground-color:#af5252;\nborder-color:#af5252;\ncolor:#ffffff;\ntransition:all 0.4s ease-in-out;\n-webkit-transition:all 0.4s ease-in-out;\n-moz-transition:all 0.4s ease-in-out;\n-ms-transition:all 0.4s ease-in-out;\n-o-transition:all 0.4s ease-in-out;\n}\n<\/style>\n<a href='http:\/\/www.slideshare.net\/enterpriseresearchcentre\/project-2-presentation-erc-projects-2016-2018-by-nicos-nicolaou'  class='avia-button av-av_button-52190bf92550e6027139c677dd8d4582 avia-icon_select-no avia-size-medium avia-position-left' ><span class='avia_iconbox_title' >View the Stakeholder meeting presentation, 16th May 201 here <\/span><\/a><\/div>\n<\/div><\/section><br \/>\n<div  class='hr av-av_hr-dcd2069817a0e3d34ae04cad8f3443c7 hr-default  avia-builder-el-5  el_after_av_textblock  el_before_av_textblock '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-av_textblock-35972167d9f102c5ddaec0c531c98b9e'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class='avia_textblock'  itemprop=\"text\" ><h3><strong>Project Seminar &#8211; December \u00a02016<\/strong><\/h3>\n<p>The ERC held a project day on 13<sup>th<\/sup> December 2016 at the WBS offices in \u00a0The Shard. The day was split into two sessions. In the morning we discussed the findings relating to the projects we have coming to a close in our current core research programme.\u00a0The event was attended by over 40 stakeholders, and generated interesting discussion and useful feedback to help inform the research.<\/p>\n<p>Project 2-<\/p>\n<p><strong>THE RELATIONSHIP BETWEEN MIDDLE MARKET FIRMS\u2019 ACCESS TO FINANCE AND INTERNATIONALISATION INTENTIONS.\u00a0<\/strong>This project examines the relationship between middle market firms\u2019 access to finance and their exporting intentions. We hypothesise that this relationship is positive but moderated by a firm\u2019s age. We test our hypotheses using a novel dataset of middle market firms across four large EU economies. Contrary to our expectations, our analysis demonstrates that easier access to finance is associated with a lower likelihood of firms\u2019 intending to enter new geographic markets. This relationship is different for younger and older firms. While older firms tend to demonstrate higher intention to enter new markets when access to finance is easy, the relationship is the reverse for younger firms.<\/p>\n<div  class='avia-button-wrap avia-button-left  avia-builder-el-7  avia-builder-el-no-sibling ' ><a href='http:\/\/www.slideshare.net\/enterpriseresearchcentre\/project-2-final-presentation-december-2016' class='avia-button av-av_button-446195781648788c7d024cc973a49ecd avia-icon_select-no avia-size-medium avia-position-left avia-color-red' target=\"_blank\" rel=\"noopener noreferrer\"><span class='avia_iconbox_title' >Click here for the Project 2 final presentation<\/span><\/a><\/div>\n<\/div><\/section><br \/>\n<div  class='hr av-av_hr-dcd2069817a0e3d34ae04cad8f3443c7 hr-default  avia-builder-el-8  el_after_av_textblock  el_before_av_textblock '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-av_textblock-35972167d9f102c5ddaec0c531c98b9e'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class='avia_textblock'  itemprop=\"text\" ><p>We are always happy to receive feedback from stakeholders on our research. If you would like to submit a comment, or \u00a0you would like to be involved in future ERC research events, please email <a href=\"https:\/\/www.enterpriseresearch.ac.uk\/people\/dr-vicki-belt\/\">Dr Vicki Belt, Deputy Director \u2013 impact and Engagement. \u00a0<\/a><\/p>\n<\/div><\/section><br \/>\n<div  class='hr av-av_hr-dcd2069817a0e3d34ae04cad8f3443c7 hr-default  avia-builder-el-10  el_after_av_textblock  avia-builder-el-last '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><\/p><\/div>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-av_one_third-9c1d454dc06f7247226bc4e8f931daae\">\n.flex_column.av-av_one_third-9c1d454dc06f7247226bc4e8f931daae{\nborder-radius:0px 0px 0px 0px;\n-webkit-border-radius:0px 0px 0px 0px;\n-moz-border-radius:0px 0px 0px 0px;\n}\n<\/style>\n<div class='flex_column av-av_one_third-9c1d454dc06f7247226bc4e8f931daae av_one_third  avia-builder-el-11  el_after_av_two_third  el_before_av_section  avia-builder-el-last  flex_column_div av-zero-column-padding '   ><div class='avia-data-table-wrap av-av_table-8c11dfe0fc305e35c77a3f394808e89e avia_responsive_table avia-table-1'><table  class='avia-table avia-data-table avia_pricing_default  avia-builder-el-12  avia-builder-el-no-sibling '  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/Table\" ><tbody><tr class=''><td class=''>Completion<\/td><td class=''>November 2016<\/td><\/tr><tr class=''><td class=''>Keywords<\/td><td class=''>Internationalisation, finance, SME, barriers, export<\/td><\/tr><tr class=''><td class=''>Theme<\/td><td class=''>Exporting and Innovation and Finance and Governance <\/td><\/tr><tr class=''><td class=''>Project Lead <\/td><td class=''>Nicos Nicolaou<\/td><\/tr><\/tbody><\/table><\/div><\/div><\/p>\n<\/div><\/div><\/div><!-- close content main div --><\/div><\/div><div id='av_section_1'  class='avia-section av-av_section-d18d8c2c81d10022ebd21ffa95322c35 main_color avia-section-default 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data-rows=\"[[320,200],[480,200],[768,220],[980,220],[1200,240],[9999,240]]\" data-animation='{&quot;name&quot;:&quot;Fade in&quot;,&quot;visible&quot;:&quot;&quot;,&quot;hidden&quot;:&quot;&quot;}' data-transition=\"700ms\" data-ajaxmethod=\"\" data-ajaxdelay=\"100\" data-preloader=\"\" data-itemdelay=\"100\" data-gallery=\"\" data-ajax=\"\"><!-- The Grid item #1 --><article class=\"tg-item tg-post-35776 brasilia f58 f61\" data-row=\"1\" data-col=\"1\"><div class=\"tg-item-inner\"><div class=\"tg-item-media-holder tg-light\"><div class=\"tg-item-media-inner\"><div class=\"tg-item-image\" style=\"background-image: url(https:\/\/www.enterpriseresearch.ac.uk\/wp-content\/uploads\/2022\/03\/Research-Paper.svg)\"><\/div><\/div><div class=\"tg-item-overlay\"><\/div><div class=\"tg-item-content\"><a class=\"tg-item-link\" href=\"https:\/\/www.enterpriseresearch.ac.uk\/publications\/relationship-middle-market-firms-access-finance-internationalization-intentions-research-paper-no-54\/\" target=\"_self\"><\/a><span class=\"tg-cats-holder\"><a class=\"themes\" href=\"https:\/\/www.enterpriseresearch.ac.uk\/themes\/finance\/\" rel=\"category\" data-term-id=\"58\"><span class=\"tg-item-term\" >Finance<\/span><\/a><span>, <\/span><a class=\"project\" href=\"https:\/\/www.enterpriseresearch.ac.uk\/project\/project-2\/\" rel=\"category\" data-term-id=\"61\"><span class=\"tg-item-term\" >Project 2: Barriers to financing international expansion<\/span><\/a><\/span><h2 class=\"tg-item-title\"><a href=\"https:\/\/www.enterpriseresearch.ac.uk\/publications\/relationship-middle-market-firms-access-finance-internationalization-intentions-research-paper-no-54\/\" target=\"_self\">The relationship between middle market firms\u2019 access to finance and internationalization intentions.<\/a><\/h2><div class=\"tg-item-footer\"><span class=\"tg-item-author\"><a href=\"https:\/\/www.enterpriseresearch.ac.uk\/author\/wendyferris\/\" target=\"_self\" style=\"color:#ffffff\">Wendy Ferris<\/a><\/span><a id=\"tolb-3436535776\" class=\"tg-media-button\" data-tolb-src=\"https:\/\/www.enterpriseresearch.ac.uk\/wp-content\/uploads\/2022\/03\/Research-Paper.svg\" data-tolb-type=\"image\" data-tolb-alt=\"Research Paper\"><i class=\"tg-icon-add\"><\/i><\/a><\/div><\/div><\/div><\/div><\/article><!-- The Grid item #2 --><article class=\"tg-item tg-post-27941 brasilia f19 f61\" data-row=\"1\" data-col=\"1\"><div class=\"tg-item-inner\"><div class=\"tg-item-media-holder tg-light\"><div class=\"tg-item-media-inner\"><div class=\"tg-item-image\" style=\"background-image: url(https:\/\/www.enterpriseresearch.ac.uk\/wp-content\/uploads\/2015\/04\/Nicos-Nicolaou-640x481.jpg)\"><\/div><\/div><div class=\"tg-item-overlay\"><\/div><div class=\"tg-item-content\"><a class=\"tg-item-link\" href=\"https:\/\/www.enterpriseresearch.ac.uk\/people\/nicos-nicolaou-2\/\" target=\"_self\"><\/a><span class=\"tg-cats-holder\"><a class=\"department\" href=\"https:\/\/www.enterpriseresearch.ac.uk\/people\/department\/research-associates\/\" rel=\"category\" data-term-id=\"19\"><span class=\"tg-item-term\" >Research Associates&#039; Network<\/span><\/a><span>, <\/span><a class=\"project\" href=\"https:\/\/www.enterpriseresearch.ac.uk\/project\/project-2\/\" rel=\"category\" data-term-id=\"61\"><span class=\"tg-item-term\" >Project 2: Barriers to financing international expansion<\/span><\/a><\/span><h2 class=\"tg-item-title\"><a href=\"https:\/\/www.enterpriseresearch.ac.uk\/people\/nicos-nicolaou-2\/\" target=\"_self\">Nicos Nicolaou<\/a><\/h2><div class=\"tg-item-footer\"><span class=\"tg-item-author\"><a href=\"https:\/\/www.enterpriseresearch.ac.uk\/author\/wendyferris\/\" target=\"_self\" style=\"color:#ffffff\">Wendy Ferris<\/a><\/span><a id=\"tolb-3436527941\" class=\"tg-media-button\" data-tolb-src=\"https:\/\/www.enterpriseresearch.ac.uk\/wp-content\/uploads\/2015\/04\/Nicos-Nicolaou.jpg\" data-tolb-type=\"image\" data-tolb-alt=\"Nicos Nicolaou\"><i class=\"tg-icon-add\"><\/i><\/a><\/div><\/div><\/div><\/div><\/article><!-- The Grid item #3 --><article class=\"tg-item tg-post-1019 brasilia f82 f47 f22 f106 f89 f90 f91 f92 f94 f96 f77 f60 f69 f70 f61 f65 f66 f67\" data-row=\"1\" data-col=\"1\"><div class=\"tg-item-inner\"><div class=\"tg-item-media-holder tg-light\"><div class=\"tg-item-media-inner\"><div class=\"tg-item-image\" style=\"background-image: url(https:\/\/www.enterpriseresearch.ac.uk\/wp-content\/uploads\/2014\/11\/steve-roper-2-e1479311988985-640x481.jpg)\"><\/div><\/div><div class=\"tg-item-overlay\"><\/div><div class=\"tg-item-content\"><a class=\"tg-item-link\" href=\"https:\/\/www.enterpriseresearch.ac.uk\/people\/stephen-roper-3\/\" target=\"_self\"><\/a><span class=\"tg-cats-holder\"><a class=\"teams\" href=\"https:\/\/www.enterpriseresearch.ac.uk\/people-group\/jpmorgan-uk-team\/\" rel=\"category\" data-term-id=\"82\"><span class=\"tg-item-term\" >Business Resilience - UK Team<\/span><\/a><span>, <\/span><a class=\"teams\" href=\"https:\/\/www.enterpriseresearch.ac.uk\/people-group\/innovation-and-exporting-research-theme\/\" rel=\"category\" data-term-id=\"47\"><span class=\"tg-item-term\" >Innovation and Exporting Research Theme<\/span><\/a><span>, <\/span><a class=\"department\" href=\"https:\/\/www.enterpriseresearch.ac.uk\/people\/department\/directors\/\" rel=\"category\" data-term-id=\"22\"><span class=\"tg-item-term\" >Directors<\/span><\/a><span>, <\/span><a class=\"project\" href=\"https:\/\/www.enterpriseresearch.ac.uk\/project\/13-local-knowledge-innovation-exporting-and-productivity\/\" rel=\"category\" data-term-id=\"106\"><span class=\"tg-item-term\" >2020.13.Local knowledge innovation , exporting and productivity<\/span><\/a><span>, <\/span><a class=\"project\" href=\"https:\/\/www.enterpriseresearch.ac.uk\/project\/3-innovation-growth-and-productivity-in-smes\/\" rel=\"category\" data-term-id=\"89\"><span class=\"tg-item-term\" >3. Innovation growth and productivity in SMEs<\/span><\/a><span>, <\/span><a class=\"project\" href=\"https:\/\/www.enterpriseresearch.ac.uk\/project\/4-knowledge-to-money\/\" rel=\"category\" data-term-id=\"90\"><span class=\"tg-item-term\" >4. Knowledge to money<\/span><\/a><span>, <\/span><a class=\"project\" href=\"https:\/\/www.enterpriseresearch.ac.uk\/project\/5-leadership-and-management-practices-and-the-take-up-of-innovation\/\" rel=\"category\" data-term-id=\"91\"><span class=\"tg-item-term\" >5. Leadership and management practices and the take-up of innovation.<\/span><\/a><span>, <\/span><a class=\"project\" href=\"https:\/\/www.enterpriseresearch.ac.uk\/project\/6-lm-capabilities-levering-external-assets-for-growth\/\" rel=\"category\" data-term-id=\"92\"><span class=\"tg-item-term\" >6. L&amp;M capabilities \u2013 levering external assets for growth<\/span><\/a><span>, <\/span><a class=\"project\" href=\"https:\/\/www.enterpriseresearch.ac.uk\/project\/8-learning-from-the-best-in-each-sector\/\" rel=\"category\" data-term-id=\"94\"><span class=\"tg-item-term\" >8. Learning from the best in each sector<\/span><\/a><span>, <\/span><a class=\"project\" href=\"https:\/\/www.enterpriseresearch.ac.uk\/project\/9-knowledge-diffusion-in-supply-chains\/\" rel=\"category\" data-term-id=\"96\"><span class=\"tg-item-term\" >9. Knowledge diffusion in supply chains<\/span><\/a><span>, <\/span><a class=\"project\" href=\"https:\/\/www.enterpriseresearch.ac.uk\/project\/growth-drivers-evidence-review\/\" rel=\"category\" data-term-id=\"77\"><span class=\"tg-item-term\" >Growth Drivers Evidence Review<\/span><\/a><span>, <\/span><a class=\"project\" href=\"https:\/\/www.enterpriseresearch.ac.uk\/project\/project-1\/\" rel=\"category\" data-term-id=\"60\"><span class=\"tg-item-term\" >Project 1: SME-University links and their innovation and productivity benefits<\/span><\/a><span>, <\/span><a class=\"project\" href=\"https:\/\/www.enterpriseresearch.ac.uk\/project\/project-10\/\" rel=\"category\" data-term-id=\"69\"><span class=\"tg-item-term\" >Project 10: Measuring the spillovers from publicly funded R&amp;D activity<\/span><\/a><span>, <\/span><a class=\"project\" href=\"https:\/\/www.enterpriseresearch.ac.uk\/project\/project-11\/\" rel=\"category\" data-term-id=\"70\"><span class=\"tg-item-term\" >Project 11: Leadership and management: an activity-based perspective<\/span><\/a><span>, <\/span><a class=\"project\" href=\"https:\/\/www.enterpriseresearch.ac.uk\/project\/project-2\/\" rel=\"category\" data-term-id=\"61\"><span class=\"tg-item-term\" >Project 2: Barriers to financing international expansion<\/span><\/a><span>, <\/span><a class=\"project\" href=\"https:\/\/www.enterpriseresearch.ac.uk\/project\/project-6\/\" rel=\"category\" data-term-id=\"65\"><span class=\"tg-item-term\" >Project 6: Productivity and internationalisation in SMEs<\/span><\/a><span>, <\/span><a class=\"project\" href=\"https:\/\/www.enterpriseresearch.ac.uk\/project\/project-7\/\" rel=\"category\" data-term-id=\"66\"><span class=\"tg-item-term\" >Project 7: Finance barriers to growth and productivity<\/span><\/a><span>, <\/span><a class=\"project\" href=\"https:\/\/www.enterpriseresearch.ac.uk\/project\/project-8\/\" rel=\"category\" data-term-id=\"67\"><span class=\"tg-item-term\" >Project 8: An exploratory study linking SME data to the Science Base<\/span><\/a><\/span><h2 class=\"tg-item-title\"><a href=\"https:\/\/www.enterpriseresearch.ac.uk\/people\/stephen-roper-3\/\" target=\"_self\">Stephen Roper<\/a><\/h2><div class=\"tg-item-footer\"><span class=\"tg-item-author\"><a href=\"https:\/\/www.enterpriseresearch.ac.uk\/author\/wendyferris\/\" target=\"_self\" style=\"color:#ffffff\">Wendy Ferris<\/a><\/span><a id=\"tolb-343651019\" class=\"tg-media-button\" data-tolb-src=\"https:\/\/www.enterpriseresearch.ac.uk\/wp-content\/uploads\/2014\/11\/steve-roper-2-e1479311988985.jpg\" data-tolb-type=\"image\" data-tolb-alt=\"Steve-roper-2\"><i class=\"tg-icon-add\"><\/i><\/a><\/div><\/div><\/div><\/div><\/article><!-- The Grid item #4 --><article class=\"tg-item tg-post-930 brasilia f48 f19 f77 f70 f61\" data-row=\"1\" data-col=\"1\"><div class=\"tg-item-inner\"><div class=\"tg-item-media-holder tg-light\"><div class=\"tg-item-media-inner\"><div class=\"tg-item-image\" style=\"background-image: url(https:\/\/www.enterpriseresearch.ac.uk\/wp-content\/uploads\/2014\/03\/Oksana-Koryak-640x481.jpg)\"><\/div><\/div><div class=\"tg-item-overlay\"><\/div><div class=\"tg-item-content\"><a class=\"tg-item-link\" href=\"https:\/\/www.enterpriseresearch.ac.uk\/people\/oksana-koryak\/\" target=\"_self\"><\/a><span class=\"tg-cats-holder\"><a class=\"teams\" href=\"https:\/\/www.enterpriseresearch.ac.uk\/people-group\/leadership-research-theme\/\" rel=\"category\" data-term-id=\"48\"><span class=\"tg-item-term\" >Leadership Research Theme<\/span><\/a><span>, <\/span><a class=\"department\" href=\"https:\/\/www.enterpriseresearch.ac.uk\/people\/department\/research-associates\/\" rel=\"category\" data-term-id=\"19\"><span class=\"tg-item-term\" >Research Associates&#039; Network<\/span><\/a><span>, <\/span><a class=\"project\" href=\"https:\/\/www.enterpriseresearch.ac.uk\/project\/growth-drivers-evidence-review\/\" rel=\"category\" data-term-id=\"77\"><span class=\"tg-item-term\" >Growth Drivers Evidence Review<\/span><\/a><span>, <\/span><a class=\"project\" href=\"https:\/\/www.enterpriseresearch.ac.uk\/project\/project-11\/\" rel=\"category\" data-term-id=\"70\"><span class=\"tg-item-term\" >Project 11: Leadership and management: an activity-based perspective<\/span><\/a><span>, <\/span><a class=\"project\" href=\"https:\/\/www.enterpriseresearch.ac.uk\/project\/project-2\/\" rel=\"category\" data-term-id=\"61\"><span class=\"tg-item-term\" >Project 2: Barriers to financing international expansion<\/span><\/a><\/span><h2 class=\"tg-item-title\"><a href=\"https:\/\/www.enterpriseresearch.ac.uk\/people\/oksana-koryak\/\" target=\"_self\">Oksana Koryak<\/a><\/h2><div class=\"tg-item-footer\"><span class=\"tg-item-author\"><a href=\"https:\/\/www.enterpriseresearch.ac.uk\/author\/wendyferris\/\" target=\"_self\" style=\"color:#ffffff\">Wendy Ferris<\/a><\/span><a id=\"tolb-34365930\" class=\"tg-media-button\" data-tolb-src=\"https:\/\/www.enterpriseresearch.ac.uk\/wp-content\/uploads\/2014\/03\/Oksana-Koryak.jpg\" data-tolb-type=\"image\" data-tolb-alt=\"Oksana Koryak\"><i class=\"tg-icon-add\"><\/i><\/a><\/div><\/div><\/div><\/div><\/article><\/div><\/div><!-- The Grid Wrapper End -->\n<\/div><\/section>\n\n<\/div><\/div><\/div><!-- close content main div --><\/div><\/div><div id='after_section_1'  class='main_color av_default_container_wrap container_wrap sidebar_right'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-34275'><div class='entry-content-wrapper clearfix'>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":15,"featured_media":0,"parent":34146,"menu_order":3,"comment_status":"closed","ping_status":"closed","template":"template-single-project.php","meta":{"footnotes":""},"acf":[],"_links":{"self":[{"href":"https:\/\/www.enterpriseresearch.ac.uk\/wp-json\/wp\/v2\/pages\/34275"}],"collection":[{"href":"https:\/\/www.enterpriseresearch.ac.uk\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.enterpriseresearch.ac.uk\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.enterpriseresearch.ac.uk\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.enterpriseresearch.ac.uk\/wp-json\/wp\/v2\/comments?post=34275"}],"version-history":[{"count":23,"href":"https:\/\/www.enterpriseresearch.ac.uk\/wp-json\/wp\/v2\/pages\/34275\/revisions"}],"predecessor-version":[{"id":34778,"href":"https:\/\/www.enterpriseresearch.ac.uk\/wp-json\/wp\/v2\/pages\/34275\/revisions\/34778"}],"up":[{"embeddable":true,"href":"https:\/\/www.enterpriseresearch.ac.uk\/wp-json\/wp\/v2\/pages\/34146"}],"wp:attachment":[{"href":"https:\/\/www.enterpriseresearch.ac.uk\/wp-json\/wp\/v2\/media?parent=34275"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}