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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
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
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
The aim of this paper is to present how we can approach and explore the field of entrepreneurship phenomenon in an … management research. We hope to outline how we can approach topic of entrepreneurship using alternative, not mainstream method … entrepreneurship was Baumol (1990) who analyzed perceptions of entrepreneurs from historical perspective. He has distinguished three …
Persistent link: https://www.econbiz.de/10011258249
capital. Other strands of literature stress that the supply of entrepreneurship is a fundamental ingredient of economic growth … opportunity driven entrepreneurship. For what regards institutional variables, three interesting and somehow non conventional … results emerge from the analysis. First, low start-up cost are particular favorable for necessity driven entrepreneurship but …
Persistent link: https://www.econbiz.de/10011258267
Using case study analysis based on in-depth interviews we aim to extend the entrepreneurship research in transition … context in Poland. Entrepreneurship models build in America and Western Europe do not picture the specifics of … entrepreneurship in transition economies. The author reviews concepts and theses on entrepreneurship in this context and argues that …
Persistent link: https://www.econbiz.de/10011259343
The global financial crisis of 2007-2008 changed the landscape of financing a business, affecting all projects that are looking for growth based on access to capital. Non-bank finance and new forms of equity access started to emerge not only for attractive born-global start-ups but also for...
Persistent link: https://www.econbiz.de/10011259491
The dilemmas that may encounter entrepreneurship result of an expected conflict between VCs and entrepreneur …
Persistent link: https://www.econbiz.de/10011260079
The objective of this paper is to examine and analyze the differences between Venture Capital development in Macedonia and several Central and Eastern Europe countries, to determine the reasons, and hence extract certain conclusions that will serve as a guideline in Macedonia’s venture capital...
Persistent link: https://www.econbiz.de/10011260084