Does the Regional Dimension Matter As Regards Finance and Entrepreneurship?

Jean BONNET, Sylvie CIEPLY, Marcus Dejardin

Résultats de recherche: Contribution dans un livre/un catalogue/un rapport/dans les actes d'une conférenceChapitre (revu par des pairs)

Résumé

This article investigates the interrelationships between finance and entrepreneurship by exploring regional discrepancies in France. The focus is (1) on regional differences in financial relationships, (2) on the way these relations influence financial constraints on new firms and (3) on the complementary/substitutable effects between funds. No path of exclusion is identified. Rather, firms that are self-constraining or suffer from a weak credit rationing are the ones that later on develop intensive relationships with banks. Substitution exists in almost all the French regions. Results suggest the departure point of an original pecking order theory according to the entrepreneurial intensity of regions.
langue originaleAnglais
titreThe Shift to the Entrepreneurial Society: A Built Economy in Education, Sustainability and Regulation
rédacteurs en chefJean BONNET, Marcus DEJARDIN, Antonia MADRID-GUIJARRO
Lieu de publicationCheltenham
EditeurEdward Elgar Publishing
ISBN (imprimé)9780857938930
Les DOIs
Etat de la publicationPublié - 2012

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Contient cette citation

BONNET, J., CIEPLY, S., & Dejardin, M. (2012). Does the Regional Dimension Matter As Regards Finance and Entrepreneurship? Dans J. BONNET, M. DEJARDIN, & A. MADRID-GUIJARRO (eds.), The Shift to the Entrepreneurial Society: A Built Economy in Education, Sustainability and Regulation Edward Elgar Publishing. https://doi.org/10.4337/9780857938930.00020