The risk analysis of small business propositions is characterized by uncertainty and asymmetric information, producing problems of moral hazard and adverse selection for the banks and liquidity constraints for entrepreneurs. Decision making is based on information supplied and the application of...

There has been little research on the processes of providing support to new firm entrepreneurs, and little evaluation of the provision of support to existing small firm entrepreneurs through advice, counselling or consultancy. Despite this lack of research, support for new firm entrepreneurs has...

This paper draws on case and interview material, from research with entrepreneurs in small and medium‐sized enterprises (SMEs) to examine the process of entrepreneurship and entrepreneurial learning in SMEs. The cases have been drawn from different sectors including services, manufacturing and...