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Informality is pervasive in developing countries. In Bangladesh, the majority of firms are informal and as such they might not have access to prime markets, while lowering the tax base. The authors implemented an information campaign on registration, including both the step-by-step procedures...
Persistent link: https://www.econbiz.de/10012558117
The aim of this study is to provide a microeconomic investigation of the concept of entrepreneurship; in particular, it discusses the following issues: 1) the alternative ways of looking at entrepreneurship, distinguishing "creative destruction" from simple "turbulence"; 2) the different...
Persistent link: https://www.econbiz.de/10012557125
The majority of microenterprises in most developing countries remain informal despite more than a decade of reforms aimed at making it easier and cheaper for them to formalize. This paper summarizes the evidence on the effects of entry reforms and related policy actions to promote firm...
Persistent link: https://www.econbiz.de/10012560112
captures early-stage entrepreneurial activity; the World Bank Group Entrepreneurship Survey dataset captures formal business … greater levels of early-stage entrepreneurship in developing economies than do the World Bank data. The World Bank data tend … economic development. A possible explanation for this is that the World Bank data measure rates of entry in the formal economy …
Persistent link: https://www.econbiz.de/10012552458
The World Bank Group Entrepreneurship Survey measures entrepreneurial activity around the world. The database includes …
Persistent link: https://www.econbiz.de/10012552816
enterprises (SMEs) around the world. They find that banks perceive the SME segment to be highly profitable, but perceive …
Persistent link: https://www.econbiz.de/10012552217
interested in serving SMEs, small and niche banks have an advantage in doing so because they can overcome SME opaqueness through …
Persistent link: https://www.econbiz.de/10012552437
Using a unique dataset, the author examines the impact of foreign portfolio investment on the capital issuance behavior of small listed firms. The author finds that foreign portfolio investment is associated with an increased probability of small firm security issuance in all nations, regardless...
Persistent link: https://www.econbiz.de/10012552477
This paper uses firm level data from a cross-section of 57 countries to study how financial development affects innovation in small firms. The analysis finds that relative to large firms in the same industry, spending on research and development by small firms is more likely and sizable in...
Persistent link: https://www.econbiz.de/10012552827
billion euro in 2003. Although the importance of factoring varies considerably around the world, it occurs in most countries …
Persistent link: https://www.econbiz.de/10012559750