Showing 1 - 10 of 6,640
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
We examine the effect of US branch banking deregulations on the entry size of new firms using micro-data from the US Census Bureau. We find that the average entry size for startups did not change following the deregulations. However, among firms that survived at least four years, a greater...
Persistent link: https://www.econbiz.de/10013039398
This paper studies how bank market power affects firm creation in innovative industries. Theoretically, I show that the … effect of bank market power is ambiguous. I exploit a 2012 policy intervention in Italy, designed to foster firm creation in … innovative industries through public bank guarantees. The policy increased firm creation in innovative industries by 50%, but the …
Persistent link: https://www.econbiz.de/10013251566
In this study, we aim to assess the relevance of credit composition to entrepreneurship empirically in light of the Schumpeterian perspective. The results of such an analysis can imply whether central banks should continue with the so-called neutrality principle or undertake an active credit...
Persistent link: https://www.econbiz.de/10014496880
how the take-up of FinTech credit varies with the entrepreneur’s bank distance. Proximity to the branches of the five …
Persistent link: https://www.econbiz.de/10012612853
firm-bank match-level dataset of more than 3,000 unlisted small and medium-sized enterprises (SMEs) incorporated in Japan …
Persistent link: https://www.econbiz.de/10012909062
weaker credit markets ex ante and consistent with local bank branches using cheap targeted credit lines to expand lending …
Persistent link: https://www.econbiz.de/10014391287
Persistent link: https://www.econbiz.de/10012257459
Using a survey based on 1,965 enterprise initiations in China, we provide causal evidence that businesses launched in credit-ease years are 7.29% more likely to fail. The result is unlikely to be driven by the “imprinting effect” or the “cohort effect”. Nevertheless, we find the effect...
Persistent link: https://www.econbiz.de/10013240415
Purpose: This contribution evaluates key theoretical bases that were used in previous research, to investigate the use of crowdfunding platforms by small businesses and startups. It presents the findings from a systematic review to better explain the pros and cons of utilizing these disruptive...
Persistent link: https://www.econbiz.de/10013403761