Entrepreneurial Finance, Innovation and Development: A Research Companion

Description

Entrepreneurship is now unanimously considered to be a major engine for socio-economic development, mainly because it creates jobs and innovation. Governments around the world pay special attention to removing entrepreneurial barriers in order to support development via different policies, especially entrepreneurial finance. Developing, Emerging and Transition Economies (DETE) significantly differ from industrialized countries because of their specific conditions: institutions, infrastructure facilities and bureaucratic procedures within the administrative system. Thus, firms and their entrepreneurs in and from DETE may behave differently, particularly in terms of their financial strategies. Therefore, contextualizing is critical to better understand the relationship between entrepreneurial finance, innovation and development in DETE. This Companion provides a systematic and profound understanding of how finance, entrepreneurship, innovation, and their interactions contribute to economic development in DETE, which cover a large number of countries in Asia, Central and Eastern Europe, Latin America, and Africa. The book mainly includes empirical studies that are divided into four parts. Part A includes four chapters which adopt a multinational approach to examine different sources and types of finance for entrepreneurship and small business in different groups of countries classified as DETE. Part B also includes four chapters and focuses on entrepreneurial finance in a specific country belonging to DETE. Part C goes beyond the business scope of entrepreneurial finance and includes three chapters which are concerned with the relationship that involves finance, women entrepreneurship, and poverty. Part D includes three chapters focusing on the comparison within developing countries as well as between developing and developed countries. This essential and comprehensive resource will find an audience amongst academics, students, educators, practitioners, as well as policymakers and regulators. Contents List of figures List of tables Acknowledgments Editors’ biographies Authors’ biographies Preface Part A: Entrepreneurial finance in DETEs: regional approach 1 Digital finance and SMEs in Southeast Asia: an overview • Nhung Nguyen and Vi Dung Ngo 2 Crowdfunding in DETEs: a literature review • Sayema Sultana and Fiza Qureshi 3 Crowdfunding and entrepreneurship in the Western Balkans • Luca Sabia, Robin Bell and David Bozward 4 Foreign portfolio investment: opportunities or challenges for transition countries? • Cesario Mateus and Trung Bao Hoang Part B: Entrepreneurial finance in DETEs: country approach 5 Peer-to-peer lending in Malaysia • Yong Chin Lee and Hooi Hooi Lean 6 An institutional perspective on the development of the venture capital market in Brazil • Irineu de Souza Lima Júnior, Nicholas Spyridon Vonortas and Sérgio Robles Reis de Queiroz 7 Bilateral relations and venture capital financing in India • Nivedita Sinha and Shreya Biswas 8 Asymmetric impact of financial market development on entrepreneurship in Nigeria • Hyeladi Stanley Dibal, Akuraun Shadrach Iyortsuun and Habila Abel Haruna Part C: Entrepreneurial finance, gender, and poverty 9 Finance and women’s entrepreneurship in DETEs: a literature review • Erum Shaikh, Muhammad Nawaz Tunio and Fiza Qureshi 10 Emergence of women’s entrepreneurship in rural local development processes: insights from Gadouan, Ivory Cost • Ayi Gavriel Ayayi, Chantale Dali and Théophile Serge Nomo 11 The potential of zakat productive assistance programme involving agricultural activities in Brunei Darussalamh • Zaki Zaini and Khairul Hidayatullah Basir Part D: International comparisons and lessons 12 Growth, financial development and nascent entrepreneurship: does the level of development matter? • Harshana Kasseeah 13 Are family firms more efficient? Evidence from developing, emerging and transition economies • Mariarosaria Agostino and Sabrina Ruberto 14 Financial capabilities, entrepreneurial self-belief and motivations among Israeli female and male entrepreneurs • Dafna Kariv, Dikla Elisha and Dafna Schwartz Index