Small and medium-size enterprises: Access to finance as a growth constraint

By Thorsten Beck, Asli Demirgüç-Kunt. 2006

2,659 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/858ad19a99418940228237929602a919fee24e16

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Citations in the corpus

Like milk or wine: Does firm performance improve with age? (2013, background): “The link between financial structure and firm size has been analyzed exhaustively (Beck et al., 2005; Beck and Demirguc-Kunt, 2006; Oliveira and Fortunato, 2006), but the analysis between financial structure and firm age are more scarce.”
Economic growth and development with low‐carbon energy (2017, background): “For example, low-carbon finance is a particularly severe barrier for market participants that already suffer from limited access to finance, such as small and mediumsized enterprises (Beck and Demirguc-Kunt 2006).”
Inside the Black Box: Bank Credit Allocation in China’s Private Sector (2009, background): “However, international evidence has shown that the support of formal financing to private firms determines the sustainability of this sector (Beck and Demirgüç-Kunt, 2006) and informal financing based on relationships is detrimental to business exchange, competition and innovation (Biggs and Shah,…”
Innovation, SMEs and the liability of distance: the demand and supply of bank funding in UK peripheral regions (2016, background): “Lending technologies such as computerised credit scoring and other automated systems may make face-to-face contact a less significant part of the financing decision (Beck and Demirguc-Kunt, 2006; Berger and Udell, 2006).”
Is green the new gold? Venture capital and green entrepreneurship (2016, positive): “As highlighted by the extant literature (Beck and Demirguc-Kunt 2006), business size is negatively correlated with obstacles to venture growth and access to external finance.”
Financial Decision Making in Family Firms (2014, background): “…of the most critical resources for firm growth and subsequent survival, as it influences a firm’s ability to realize investment projects and reduces its cost of capital (e.g., Beck & Demirguc-Kunt, 2006; Chua, Chrisman, Kellermanns, & Wu, 2011; Hutchinson, 1995; Molly, Laveren, & Jorissen, 2012).”
Access to finance for innovative SMEs since the financial crisis (2015, background): “External finance may be particularly important for innovative small firms, as they can lack the internal resources to succesfully commercialise innovations (Beck and Demirguc-Kunt, 2006; Schneider and Veugelers, 2010).”
What really happens to small and medium-sized enterprises in a global economic recession? UK evidence on sales and job dynamics (2015, positive): “The availability of credit to entrepreneurs with good investment opportunities is one of the key drivers of economic growth and competition (Beck & Demirguc-Kunt, 2006; Marlow & Patton, 2005; Cassar, 2007).”