This article examines to what extent recent empirical evidence can collectively and
systematically substantiate the claim that entrepreneurship has important economic value …

This paper is a survey of recent empirical work on financial constraints faced by firms. It is
organized as a series of stylized results which mirror what is generally understood about the …

Transition economies are often characterized by underdeveloped formal institutions, often
resulting in an unstable environment and creating a void usually filled by informal ones …

The purpose of this article is to develop an integrative model of small business growth that is
both broad in scope and parsimonious in nature. Such a “big picture” model provides an …

Growing financial failure at firm-level can have serious consequences for banks in terms of
rising non-performing assets, in the absence of a strong bankruptcy system. Such a scenario …

This research examines the influence of government financial support on new firms'
performance. Extant empirical research on the topic has found mixed results, which warrants …

Purpose–The present study aims at a deeper understanding of the performance outcomes of
the alignment between the e‐business capabilities of manufacturing small‐and medium …

Many studies in the entrepreneurship literature are motivated by the statement that
entrepreneurship has important economic value, for instance, in terms of productivity and …

This article analyzes the importance of equity finance for the R&D activity of small-and
medium-sized enterprises. We use information on almost 6,000 German SMEs from a …

This paper investigates the relationship between green/non-green technologies and firm
growth. By combining the literature on eco-innovations, industrial organisation and …