Entrepreneurial Finance, Innovation and Development: A Research Companion

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.
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