Entrepreneurship and Development : The Role of Information Asymmetries

• Tác giả: Leora F Klapper
• Ngôn ngữ: eng
• Ký hiệu phân loại: 338.64 Size of enterprises
• Thông tin xuất bản: World Bank, 2013
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 321877
• Chủ đề: 1. access to finance; 2. bank financing; 3. banking relationships; 4. economic development; 5. economic growth

Tóm tắt

This article reviews the literature on the relationship between entrepreneurship and economic development and introduces four symposium articles. A common thread is that information asymmetries are important determinants of access to finance in young entrepreneurial firms. Policy recommendations are proposed that would increase the positive role of entrepreneurship in economic development.