Entrepreneurial Finance, Innovation and Development (Routledge Research Companions in Business and Economics)

Entrepreneurship is now unanimously considered 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 (DETEs) 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 DETEs 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 DETEs.

This book provides a systematic and profound understanding of how finance, entrepreneurship, innovation, and their interactions contribute to economic development in DETEs, which cover a large number of countries in Asia, Central and Eastern Europe, Latin America, and Africa. The book mainly includes empirical studies and is divided into four parts. Part A includes four chapters which adopt a multinational approach to examine different sources and types of finance for entrepreneurship and small business in different groups of countries classified as DETEs. Part B also includes four chapters and focuses on entrepreneurial finance in specific countries belonging to the DETEs. Part C goes beyond the business scope of entrepreneurial finance and includes three chapters concerned with the relationship between finance, women's entrepreneurship, and poverty. Part D includes three chapters focusing on the comparison within developing countries as well as between developing and developed countries.

This essential and comprehensive resource will find an audience amongst academics, students, educators, and practitioners, as well as policymakers and regulators.

Vi Dung Ngo is a Lecturer in Strategic Entrepreneurship and Innovation at the Faculty of Business and Economics, Phenikaa University, Hanoi, Vietnam. He is a Humboldt’s research fellow at Trier University, Germany, and an affiliate research fellow at the IPAG Business School, France: https://www.ipag.edu/en

Duc Khuong Nguyen is Professor of Finance and Deputy Dean for Research at IPAG Business School (France) https://www.ipag.edu/en. He is also a visiting professor at International School, Vietnam National University (Hanoi, Vietnam). He is the Co-Founder of the Paris Financial Management Conference (PFMC) and Vietnam Symposium in Banking and Finance (VSBF).

Ngoc Thang Nguyen is an currently Associate Professor of Human Resource Management and Vice Dean at Hanoi School of Business and Management, Vietnam National University, Hanoi. He is also an affiliate research fellow at the IPAG Business School, France: https://www.ipag.edu/en