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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
I show that disruptions to personal sources of financing, aside from commercial lending supply shocks, impair the survival and growth of small businesses. Entrepreneurs holding deposit accounts at retail banking institutions that defaulted following the financial crisis reduce personal borrowing...
Persistent link: https://www.econbiz.de/10011575129
% increase in home equity raises the probability of transition into entrepreneurship by up to 14%. Our results persist when we …
Persistent link: https://www.econbiz.de/10011605589
This paper examines the relationship between gender, social capital, and access to finance of micro, small, and medium enterprises in the manufacturing sector in Viet Nam. Our dataset is from the 2011, 2013, and 2015 waves of the Micro, Small, and Medium Enterprise Survey in Viet Nam. Using the...
Persistent link: https://www.econbiz.de/10011688562
Financing is key to entrepreneurship, especially in crisis period, when financial markets restriction hinders access to … guaranteed long term loans. This paper analyzes banking entrepreneurship financing to micro-enterprises (less than 10 employees …
Persistent link: https://www.econbiz.de/10012115906
This paper reviews the literature on the role of public equity markets in the innovation ecosystem. The review highlights the importance of public equity markets in funding the research and development activities of young and high growth firms. It also illustrates the dependence of venture...
Persistent link: https://www.econbiz.de/10011853002
Using a monthly panel dataset of individuals' debt composition including mortgage and nonmortgage consumer credit, we show that house price changes can explain a significant fraction of personal debt composition dynamics. We exploit the variation in local house price growth as shocks to...
Persistent link: https://www.econbiz.de/10011943313
This paper studies gender discrimination against entrepreneurs by financial institutions. Based on the Business Environment and Enterprise Performance Survey (BEEPS) that covers firms in several countries of Western Europe as well as in the transition countries of Eastern Europe, our analysis...
Persistent link: https://www.econbiz.de/10010265690
This paper contrasts the determinants of entrepreneurial entry and high-growth aspiration entrepreneurship. Using the … Global Entrepreneurship Monitor (GEM) surveys for 42 countries over the period 1998-2005, we analyse how institutional … entrepreneurship, but has less pronounced effects for entrepreneurial entry. The availability of finance and the fiscal burden matter …
Persistent link: https://www.econbiz.de/10010271286
impacted selection into entrepreneurship. We find that increased entry was concentrated among entrepreneurs whose firms were …
Persistent link: https://www.econbiz.de/10013202284