The small and medium enterprise ecosystem in Ethiopia : the impact of innovative finance for improvement of the manufacturing sector

"In this book the authors have designed comprehensive empirical studies and identified the impacts of access to finance on the Small and Micro Enterprises (SMEs) performance. The authors applied a mix of different methodologies ranging from developing a conceptual framework to an empirical study to investigate how, and to what extent, access to finance influences Small and Micro Enterprises (SMEs) performance. The motivation for the study was that the link between SMEs performance and use of bank credit is inconclusive. The study helps to understand the developed world financial theory and developing countries actual situation; thus, it helps to bridge the gap between theory and practices and strategically inform business decisions. It also helps to micro business owners to think and choose whether to engage in borrowing from the bank or not; and to choose the right financing sources for their micro firms by considering the risk of borrowing from banks ahead. Furthermore, the study could be an important source of scientific evidence to stakeholders and policy makers. It will be also a basis for future studies on understanding SMEs and financing dynamics."