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The vast majority of firms in Europe are micro firms. Still, we know little about their financing patterns. Our paper aims to close this gap. Based on a large European firm-level data set, we find that micro firms differ in their financing patterns from small and medium-sized companies. Our...
Persistent link: https://www.econbiz.de/10011859838
This EIF Working Paper takes a holistic approach to investigate SME financing patterns in Europe by performing a … cluster analysis including 12,726 SMEs in 28 European countries. The results reveal that SME financing in Europe is not … homogenous but that different financing patterns exist. The cluster analysis identifies six distinct SME financing types: mixed …
Persistent link: https://www.econbiz.de/10011861130
Hundreds of millions of microenterprises in emerging economies face increased competition from the entry and expansion …, neighborhood shops, confront competition from convenience chains (e.g., 7- Eleven) in Mexico. To address the endogeneity in time …
Persistent link: https://www.econbiz.de/10014536676
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This paper represents an empirical investigation of the "weak" and "strong" Porter Hypothesis (PH) focusing on the manufacturing sectors of European countries between 1997 and 2009. By and large, the literature has analyzed the impact of environmental regulation on innovation and on productivity...
Persistent link: https://www.econbiz.de/10010413622
markets can make the transition more efficient; 3. In some areas, a too-narrow focus on competition can be detrimental, and … three levels of intervention: 1) competition rules and enforcement should be adjusted to meet the new challenges of the … benefits of competition for efficient resource allocation in the transition. Institutions should not focus solely on static …
Persistent link: https://www.econbiz.de/10013373117
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Against the background of the need for alternative and additional financing channels for SMEs in Europe, this paper analyses the market segment of debt funds. It provides a market overview and comprehensive insight into the results of the EIF Private Debt Survey, a new study that provides unique...
Persistent link: https://www.econbiz.de/10012819641