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Financing Constraints and EntrepreneurshipWilliam R. KerrHarvard University - Entrepreneurial Management Unit Ramana NandaHarvard 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.
Number of Pages in PDF File: 21 working papers seriesDate posted: August 20, 2009 ; Last revised: January 20, 2010Suggested CitationContact Information
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