Banking Finance and Entrepreneurship
Contents: Preface. 1. Introduction. 2. Growth oriented entrepreneurship in developing countries. 3. Changing role of banks in entrepreneurship development in India. 4. Banking on social entrepreneurship: the commercialization of micro finance. 5. Entrepreneurship and bank credit availability. 6. Free banking and financial entrepreneurship in financial liberalization. 7. Start-up financing: from banks to venture capital. 8. factors affecting to entrepreneurship in banking sector. 9. Entrepreneurship and the deregulation of banking. 10. Finance for the poor: micro finance development strategy. 11. Micro finance operations of other multilateral development banks. 12. Global financial crisis and its effect on entrepreneurship. 13. Tax and entrepreneurship: how the tax system impedes the creation of new firms. 14. Bankruptcy law, entrepreneurship and economic performance. 15. Finance entrepreneurship and growth theory and evidence. 16. International financial integration and entrepreneurship. 17. Entrepreneurship and the discipline of external finance. Bibliography. Index.
Metrics of financial market development quantify the ease with which individuals in need of external finance can access the required capital and the premium they pay for these funds. The role entrepreneurship plays in liking a country\'s financial market development to its subsequent economic growth is highlighted by King and Levine and Levine. Their work brought prominence to the role of finance in Schumpeter\'s creative destruction, whereby entrepreneurs with new ideas and technologies displace incumbents with old technologies, leading to a continued increase in productivity and economic growth. (jacket)