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By employing a sample of 20,956 observations of non-financial SMEs headquartered in the Euro area, between 2009 and 2015, we test whether young businesses are more likely to face credit rejections from lenders than their older peers. Our findings appear to confirm our suspicions that new...
Persistent link: https://www.econbiz.de/10011845249
Finance for micro, small, and medium-sized enterprises (MSMEs) has been a concern for all stakeholders including entrepreneurs, financial institutions, and government organizations. The key objective of the study was to identify various challenges faced by MSMEs in sourcing of finance during...
Persistent link: https://www.econbiz.de/10011522010
as capitalists in the banking sector, since it is shown that entrepreneurship has a positive impact on banking …
Persistent link: https://www.econbiz.de/10013153485
We study the importance of information technology (IT) in banking for entrepreneurship. Guided by a parsimonious model …. We present evidence consistent with banks’ IT adoption spurring entrepreneurship through a collateral channel …: entrepreneurship increases by more in IT-exposed counties when house prices rise. Further analysis suggests that IT improves banks …
Persistent link: https://www.econbiz.de/10015048384
How does lending-market competitiveness affect new firms' financing? Using a unique US representative panel of new firms, we document that in more concentrated local lending markets: (i) new firms are less likely to access credit; (ii) new firms have lower leverage; and (iii) the best performing...
Persistent link: https://www.econbiz.de/10013219271
Individual financial systems can be understood as very specific configurations of certain keyelements. Often these configurations remain unchanged for decades. We hypothesize that thereis a specific relationship between key elements, namely that of complementarity. Thus,complementarity seems to...
Persistent link: https://www.econbiz.de/10005840402
access in promoting entrepreneurship among informal sector firms in India. Our results are robust to alternative …
Persistent link: https://www.econbiz.de/10012309064
access in promoting entrepreneurship among informal sector firms in India. Our results are robust to alternative …
Persistent link: https://www.econbiz.de/10012311032
access in promoting entrepreneurship among informal sector firms in India. Our results are robust to alternative …
Persistent link: https://www.econbiz.de/10012314972
Entrepreneurial competencies are capabilities that the business mind people possess to create a new business idea or improve the existing one. Though the direct effect of entrepreneurs' competence on the performance of MSMEs was relatively researched, its mediating effect was not studied well....
Persistent link: https://www.econbiz.de/10012307934