There has been a growing literature over the last several years on a possible decline in US entrepreneurship and the reasons for it. US small business formation and the jobs created by small businesses are supposed to be key elements in US economic growth. Many claim that without growth in small...

Recent decades have witnessed the thriving of platform economics. More small-and-medium-sized enterprises (SMEs) are selling products via these E-platforms, e.g., Amazon and Alibaba. These SMEs are usually short of funds and the E-platforms can step up to offer financing services due to...