Credit Constraints, Entrepreneurial Talent, and Economic Development
Milo Bianchi
No RP2009-20, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)
Abstract:
In this paper, we formalize the view that economic development requires high rates of productive entrepreneurship, and this requires an efficient matching between entrepreneurial talent and production technologies. We first explore the role of financial development in promoting such efficient allocation of talent, which results in higher production, job creation and social mobility.
Keywords: Credit; Economic development; Entrepreneurship; Human capital (search for similar items in EconPapers)
Date: 2009
New Economics Papers: this item is included in nep-dev, nep-ent, nep-hrm and nep-sbm
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Citations: View citations in EconPapers (2)
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Related works:
Journal Article: Credit constraints, entrepreneurial talent, and economic development (2010) 
Working Paper: Credit Constraints, Entrepreneurial Talent, and Economic Development (2010) 
Working Paper: Credit Constraints, Entrepreneurial Talent, and Economic Development (2010)
Working Paper: Credit Constraints, Entrepreneurial Talent, and Economic Development (2010)
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Persistent link: https://EconPapers.repec.org/RePEc:unu:wpaper:rp2009-20
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