"Innovation is key to technology adoption and creation, and to explaining the vast differences in productivity across … and within countries. Despite the central role of the entrepreneur in the innovation process, data limitations have … restricted standard analysis of the determinants of innovation to consideration of the role of firm characteristics. The authors …

finance contributes significantly to SME performance in terms of employment, sales, and investment. Specific interventions in … the form of credit guarantees and credit line financing of financial institutions dedicated to support SME financial … products have been used to speed up the development of the SME medium term credit market, and they may continue to play a role. …

channels through which credit affects growth on the micro-level is scant. Using data from a cross section of Bulgarian firms …, the authors estimate the impact of access to credit (as proxied by indicators of whether firms have access to a credit or …' past growth to instrument for access to credit. The authors find credit to be positively and strongly associated with total …

"The authors study the effect of financial crises on trade credit in a sample of 890 firms in six emerging economies …. They find that although provision of trade credit increases right after the crisis, it consequently collapses in the … short-term debt and low cash stocks and cash flows) are more likely to reduce trade credit provided to their customers. This …

"The aim of this paper is to understand the mechanism underlying access to credit. Gine focuses on two important … aspects of rural credit markets in Thailand. First, moneylenders and other informal lenders coexist with formal lending … presumably face sizable transaction costs obtaining external credit. The author develops and estimates a model based on limited …

, access to credit and markets, and business support. The second is to increase information on how to formalize and its …