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In this paper we investigate whether small-scale businesses face financial constraints that affect their survival. We develop a model of moral hazard in which financial constraints arise endogenously. The model predicts that higher private assets relax financial constraints and have a positive...
Persistent link: https://www.econbiz.de/10005068690
In this paper we investigate the link between entrepreneurship and financial constraints. We develop a dynamic partial …
Persistent link: https://www.econbiz.de/10005068829
This paper studies gender discrimination against entrepreneurs by financial institutions. Based on the Business Environment and Enterprise Performance Survey (BEEPS) that covers firms in several countries of Western Europe as well as in the transition countries of Eastern Europe, our analysis...
Persistent link: https://www.econbiz.de/10005068937
We use data from the Global Entrepreneurship Monitor (GEM) and the Global Leadership and Organizational Behavior … entrepreneurship. …
Persistent link: https://www.econbiz.de/10010704424
Although national culture is an important regulator of entrepreneurship, there is a dearth of studies that (i) explore …-entry growth aspirations. We combined Global Entrepreneurship Monitor (GEM) and Global Leadership and Organizational Behavior Effec …-level techniques in analyzing the effect of culture on entrepreneurship. …
Persistent link: https://www.econbiz.de/10011095570