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Based on automated credit lines to more than two million vendors trading on Alibaba’s online retail platform, we show … how the take-up of FinTech credit varies with the entrepreneur’s bank distance. Proximity to the branches of the five … largest stateowned banks correlates positively with the take-up of FinTech credit and suggests more severe credit frictions …
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This article adds to case studies documenting the collaboration of private and state institutions in the construction of key modern technologies. Specifically, we contribute to the body of literature on the entrepreneurial state by documenting how state intervention in developing economies is...
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