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major theories of entrepreneurial finance and some more recent ideas (e.g., crowdfunding-related ideas/theories) with … also found that the likelihood of using crowdfunding is consistent with local bias ideas and internet access. We also …
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This paper investigates how entrepreneur’s characteristics determine debt financing of small manufacturing firms. In particular, we investigate the influence of entrepreneurial self-efficacy, strong and weak social ties, gender, age, and entrepreneur’s educational level on small firm debt...
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Banks’ lending decisions to small firms are not based on financial ratios, while suppliers lend to clients with strong sales. So entrepreneurial firms might find it easier to borrow from banks, and rely more on bank lending than on supplier lending. We further find that suppliers are quite...
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focus explicitly on start-up finance predict that entrepreneurs are the more likely to seek equity-like venture capital …
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entities. Given the specificities of companies in the SME segment, achieving an optimal capital structure is a challenging task … reason, we decided to realize our research. The main aim of the paper is to identify determinants of the SME's capital … consist of all SME in the Czech Republic. We applied ordinal logistic regression and estimated five models. These models were …
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