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....

This study aimed at assessing entrepreneurial orientation (EO) and its impact on organizational performance. The study measure EO using innovativeness, proactiveness, and risk-taking which are key dimensions of EO. This researcher adopted a descriptive and casual research design for the study...

This paper questions the stereotypical image of migrant-led companies as being less successful than native-led businesses. While facing similar framework conditions, migrant-led businesses are supposed to differ from native-led businesses in terms of their social capital endowment. In its...

Banks finance newly-founded firms extensively despite severe asymmetric information. Whereas the demand for credit usually follows from entrepreneurs' lack of liquidity, we ask why and how banks supply credit to new firms of unknown value. We propose a model of credit allocation in which, due to...

The main strategic objective of bank-affiliated venture capital funds (BVCs) is to enhance demand of debt capital from portfolio companies. This paper investigates the channels through which banks pursue such a strategy. Using detailed data from seven Western European countries in the period...

Small and Medium Enterprises (SMEs) have differential preference of various funding sources depending on the stage of growth cycle they are in. Quite a few researches have been carried out to decode the link between various funding sources and performance. This study differs from existing...

This study investigates the effects of human capital, social capital and their interaction on the performance of 1,398 Vietnamese new-born firms. Operating profit is used as the measure of success. Human capital is captured by individual-level professional education, start-up experience, and...

Innovation is key to technology adoption and creation, and to explaining the vast differences in productivity across and within countries. Despite the central role of the entrepreneur in the innovation process, data limitations have restricted standard analysis of the determinants of innovation...