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It is a widely held perception, although empirically contentious, that credit rationing is an important phenomenon in the UK small business sector. In response to this perception the UK government initiated a loan guarantee scheme (SFLGS) in 1981. In this paper we use a unique dataset comprised...
Persistent link: https://www.econbiz.de/10005835669
Employing a large dataset regarding venture capital investments in US Internet firms, we analyze the effect of the current financial crisis on the venture capital market. Using regression analysis, we find that the financial crisis led to a 20% decrease in the average amount of funds raised per...
Persistent link: https://www.econbiz.de/10005836075
of the innovation and entrepreneurship in Latin-American Countries. …
Persistent link: https://www.econbiz.de/10005836495
One of the structural problems in Latin-American has been the lower innovative capacity and lower generation of economically exploitable knowledge. This phenomenon has been produced by the absence of government’s incentives and strategies in order to be competitive inside the Knowledge Based...
Persistent link: https://www.econbiz.de/10005836574
In countries with relatively small firms, entrepreneurial morality is determined by the influences that shape the values, the personality and the character of entrepreneurs as owners and managers of their enterprises. To shed some light on the processes involved we estimate an ordered probit...
Persistent link: https://www.econbiz.de/10005836792
taking the relevant risky decisions. Discovery and exploitation are separate but interlinked features of entrepreneurship … studies on entrepreneurship do not offer a neat picture of the actual contribution of education to entrepreneurial human … depth analysis of the determinants of entrepreneurship in Italy, thus accounting for the role that variables like the …
Persistent link: https://www.econbiz.de/10005836859
: traditional activities and tourism; and entrepreneurship and innovation. In terms of future research, the same analytical tool …
Persistent link: https://www.econbiz.de/10005837290
The main task of this article is to explore the entrepreneurship policy in Estonia. The idea proceeds from the book by … Lundström and Stevenson (2001), in which the authors describe, analyse and discuss the development of entrepreneurship policy in … chapter” in the aforementioned book concerning entrepreneurship policy in Estonia. It should be considered as an attempt to …
Persistent link: https://www.econbiz.de/10005837427
The paper presents the analysis of recent developments of Schumpeterian theory of entrepreneurship and innovation in …
Persistent link: https://www.econbiz.de/10011212782
Economic growth and unemployment exhibit an ambiguous relationship – according to empirical studies. This ambiguity can be investigated by observing the role of the underground economy in shaping the productivity of firms. Indeed, unemployment may be absorbed by underground firms, which adopt...
Persistent link: https://www.econbiz.de/10011212957