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Financing Constraints and Entrepreneurship

William R. Kerr
Harvard University - Entrepreneurial Management Unit

Ramana Nanda
Harvard University - Entrepreneurial Management Unit

August 11, 2009

Harvard Business School Entrepreneurial Management Working Paper No. 10-013

Abstract:
Financing constraints are one of the biggest concerns impacting potential entrepreneurs around the world. Given the important role that entrepreneurship is believed to play in the process of economic growth, alleviating financing constraints for would-be entrepreneurs is also an important goal for policymakers worldwide. We review two major streams of research examining the relevance of financing constraints for entrepreneurship. We then introduce a framework that provides a unified perspective on these research streams, thereby highlighting some important areas for future research and policy analysis in entrepreneurial finance.

Working Paper Series

Date posted: August 20, 2009 ; Last revised: January 20, 2010

Suggested Citation

Kerr, William R. and Nanda, Ramana, Financing Constraints and Entrepreneurship (August 11, 2009). Harvard Business School Entrepreneurial Management Working Paper No. 10-013. Available at SSRN: http://ssrn.com/abstract=1447503

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Contact Information

William R. Kerr (Contact Author) Harvard University - Entrepreneurial Management Unit ( email ) Soldiers Field Road Morgan 270C Boston, MA 02163 United States
Ramana Nanda Harvard University - Entrepreneurial Management Unit ( email ) Boston, MA 02163 United States HOME PAGE: http://www.people.hbs.edu/rnanda