Korosteleva, Julia; Mickiewicz, Tomasz - Centre for Comparative Economics <London> - 2010
We investigate the determinants of start-up financing in 41 countries, using theGlobal Entrepreneurship Monitor surveys for 1998-20032. High quality of property rightsincreases both the total volume of finance and the use of external finance for theindividual start-up. The size of the formal...