We review the literature on financial constraints and the performance of small and medium
enterprises (SMEs). We consider the important role that SMEs play in the economies of …

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 …

Financial literature discusses the motives for trade credit provision by suppliers in depth.
However, there is no empirical evidence of the effect of granting trade credit on the …

Access to finance has become increasingly difficult, particularly for new and service-based
industries without tangible assets to use as security. Globally, credit guarantee schemes …

We explore the role of government initiatives fostering entrepreneurship—in the form of tax
advantages and government support—in influencing the probability that entrepreneurial …

The study contributes to underdeveloped knowledge on effects of SME policies in Central
and Eastern Europe. We evaluate two Czech credit guarantee schemes funded from EU …

This paper analyses the effects that public credit guarantees have on SME business activity
and investment. We focus the study on the main regional mutual guarantee institution in the …

Purpose Innovation in financing processes, enabled by the advent of new technologies, has
supported the development of alternative finance funding tools. In this context, the study …

The purpose of this article was to conduct an empirical evaluation of the Czech public
programme START, which was funded from the European Regional Development Fund. The …

Purpose The economic situation in Europe is improving, nevertheless in Central and
Eastern Europe (CEE) entrepreneurs and small and medium enterprises (SMEs) are still …