of financing sources may be limited by the supply-side financial endowment of the region. Small firms are known to be …

This paper examines the financing structure of small and medium-sized enterprises (SMEs) in Germany and questions … whether an equity gap - or, more generally, a financing gap -exists. Reviewing the literature and available data sources, we … find that financing constraints seem to affect, if at all, only a very small subgroup among highly growth-oriented firms …

This paper investigates how entrepreneur’s characteristics determine debt financing of small manufacturing firms. In … entrepreneur’s educational level on small firm debt financing. Research results show that small firm debt financing is determined …

importance of SMEs for national economies will be shown. After that the financing of SMEs in selected countries will be analysed …