The Theoretical Models of Financial Acceleration in Entrepreneurship Development

Russell Olukayode Christopher Somoye

Business & Entrepreneurship Journal, 2013, vol. 2, issue 2, 1

Abstract: The paper postulates Two (2) financial acceleration models: Entrepreneurship Structural Financial Model (ESFM) and Entrepreneurship Acceleration Financial Model (EAFM) to estimate entrepreneurship development in the context of acceleration principles in financial economics. The assumptions underlying the models are that there exists efficient interaction between the financial sector and that of entrepreneurship to accelerate economy growth. To attain this, the paper recommends for deliberate financial policies to support entrepreneurship development for sustainable development and shifting the focus of investment into entrepreneurship development. The paper therefore, suggests a paradigm shift in the literature to this important area of investment analysis and expects it to provoke new knowledge in entrepreneurship financing and development.

Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spt:busent:v:2:y:2013:i:2:f:2_2_1

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