Women, despite the fact that they make up around 50% of the world's population, own and
manage significantly fewer businesses than men worldwide. Previous empirical research …

Sufficient capital is the basic requirement necessary to operate the business, to fund
innovation, to drive growth and to successfully hand over the business to next generations …

Access to credit is key to succeed in business. Theoretical models of credit under
asymmetric information classify borrowers and grant or deny credit, typically based on …

The explanation of financing choices of family firms has been embedded in the traditional
capital structure theories (Frank and Goyal, 2009). They are, however, different in …

The purpose of this mixed methods study was to determine how entrepreneurs who start
new businesses can mitigate business decision risk while exploring how their business …

This thesis develops a new institutional economics of identity. It develops a clear and
consistent economic definition of identity, and demonstrates the ways identity overcomes …

The current credit rationing heavily influences entrepreneurship and, more dramatically, the
viability of innovation projects. In this context, mechanisms to screen successful projects are …

Banks often cannot observe ex ante failure probabilities of potential borrowers. To deal with
this informational asymmetry, banks offer incentive compatible contracts (with collateral) to …

The purpose of this paper is the analysis of subjects' attitude toward risk and ambiguity in a
financial game via a Bayesian network (BN), which have been proof to be a powerful tool in …