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While in less developed and in transition economies microlending has become an efficient instrument for providing small and micro businesses with the necessary financial means, in industrialized countries, with highly developed banking systems, the existence and size of an uncovered demand for...
Persistent link: https://www.econbiz.de/10010297252
financial spheres. The monetary profit inducing capitalist production, emanates from the sphere of finance. In a world of …
Persistent link: https://www.econbiz.de/10010299493
External finance is central for nascent entrepreneurs, people in the process of starting new ventures. We argue that … increase the likelihood of obtaining equity finance. Thus, if signals are credible, innovation positively impacts external … that the relation between finance and innovation depends on the stage of a start-up lifecycle. …
Persistent link: https://www.econbiz.de/10010266651
The central argument of this study is that given the magnitude of the investment in infrastructure that is required, especially in Africa, the role of foreign aid in the future should be distinctly different. While aid will be required to continue to fill the 'savings gap' in some small...
Persistent link: https://www.econbiz.de/10010319797
External finance is central for nascent entrepreneurs, people in the process of starting new ventures. We argue that … increase the likelihood of obtaining equity finance. Thus, if signals are credible, innovation positively impacts external … that the relation between finance and innovation depends on the stage of a start-up lifecycle. …
Persistent link: https://www.econbiz.de/10010291111
We analyze the link between firms' access to finance and their decisions to enter and exit the export market. We employ … contrast, there is no relationship between the decision of firms to enter or exit export markets and their access to finance …. This may suggest that internal finance plays a greater role in Eastern European and CIS countries than in developed …
Persistent link: https://www.econbiz.de/10010270061
Research into “algorithmic discrimination” has largely dismissed the fact that algorithms are often developed and used by organizations. In this article, we show that organizational sociology can contribute to a more nuanced perspective on “algorithmic decision-making.” Drawing on the...
Persistent link: https://www.econbiz.de/10013272123
, countries seeking to identify finance for nature-based solutions must navigate complex fragmented terms and language, as well as … a wide array of public and private finance actors. Such fragmentation has practical implications. African countries face …. Adding to the complexity, finance for nature-based solutions often combines public and private financing. So far, blended …
Persistent link: https://www.econbiz.de/10014435485
The Bolivian evidence shows that microfinance lending technologies are well designed to cope with different kinds of risk. The innovations provided in this financial sector show more strengths than weaknesses to overcome information asymmetries. Furthermore, group and individual loans are...
Persistent link: https://www.econbiz.de/10010294115
Microborrowers may take usurious loans to repay a loan taken from a micro nance institution because of having neglected the time inconsistency of optimal plans or having discounted future payoffs too strongly from the ex-post perspective. Microfinance programs should strive at preventing such...
Persistent link: https://www.econbiz.de/10010294724