search query: @indexterm DEBT FINANCING / total: 179
reference: 6 / 179
Author: | Ho, Y-P. Wong, P-K. |
Title: | Financing, regulatory costs and entrepreneurial propensity |
Journal: | Small business economics
2007 : FEB/MAR, VOL. 28:2-3, p. 187-204 |
Index terms: | entrepreneurship investments venture capital debt financing |
Language: | eng |
Abstract: | This article explores the relationship between capital availability and entrepreneurial propensity by comparing following financing sources; debt financing, venture capital financing, informal investments. Using data from the World Bank's Doing Business Database the influence of business costs is estimated by constructing a new composite index. The findings suggest that only informal investments have influence on entrepreneurial propensity, and that regulatory business costs hinder entrepreneurship driven by opportunity but not necessity entrepreneurship. |
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