We empirically examine a sample of over 350 entrepreneurial firms that successfully receive an SBA guaranteed loan. The first portion of the paper contains descriptive statistics that lend anecdotal evidence concerning the organization type of borrowers, the incidence of collateral, the reasons...

This paper empirically explores the impact of bank size, holding company affiliation and the degree of branching on small business and farm lending through a conceptual analysis encompassing private information asymmetries inherent in these bank dependent borrowers. The study expands the...

Trotz der Initiative zu Steigerung der Innovationskraft des Landes wird China nach einer Studie des ifo Instituts nicht innerhalb absehbarer Zeit zu einer »Wissensfabrik der Welt« avancieren, auch wenn der technologische Rückstand Chinas gegenüber den Industrieländern allmählich schrumpft....