haku: @journal_id 550 / yhteensä: 339
viite: 194 / 339
Tekijä: | Ho, Y-P. Wong, P-K. |
Otsikko: | Financing, regulatory costs and entrepreneurial propensity |
Lehti: | Small business economics
2007 : FEB/MAR, VOL. 28:2-3, p. 187-204 |
Asiasana: | entrepreneurship investments venture capital debt financing |
Kieli: | eng |
Tiivistelmä: | 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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