Open AccessEntrepreneurship and Development: The Role of Information Asymmetries
Author(s) -
Leora Klapper,
Inessa Love
Publication year - 2011
Publication title -
the world bank economic review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.542
H-Index - 89
eISSN - 1564-698X
pISSN - 0258-6770
DOI - 10.1093/wber/lhr044
Subject(s) - entrepreneurship , economics , information asymmetry , economic geography , microeconomics , finance
This article reviews the literature on the relationship between entrepreneurship and economic development and introduces four symposium articles. A common thread is that information asymmetries are important determinants of access to finance in young entrepreneurial firms. Policy recommendations are provided that will increase the positive role of entrepreneurship in economic development.
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