Financial System and Entrepreneurship: Institutions and Agents

Mónica Carmona (), Mario Cerdán and Jose Maria Millan
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Mónica Carmona: University of Huelva

Chapter Chapter 15 in Measuring Entrepreneurship, 2008, pp 297-306 from Springer

Abstract: Abstract The availability or ability to access the capital necessary to start an entrepreneurial project has become one of the more deeply explored elements in the empirical research, as it is considered one of the factors that more frequently constitute an obstacle to the decision of becoming an entrepreneur. This chapter tries to contribute to the measurement of the level in which the financial system and the institutions that regulate them favours or hinders the access to the entrepreneurial function, going over the institutions and mechanisms through which the financial system has an influence.

Keywords: Foreign Direct Investment; Venture Capital; Entrepreneurial Activity; Capital Gain; Liquidity Constraint (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:spr:inschp:978-0-387-72288-7_15

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DOI: 10.1007/978-0-387-72288-7_15

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