Financial System and Entrepreneurship: Institutions and Agents

  • Mónica Carmona
  • Mario Cerdán
  • José María Millán
Part of the International Studies In Entrepreneurship book series (ISEN, volume 16)


The availability or ability to access the capital necessary to start an entrepreneurial project has become one of the more deeply explored elements in the empirical research, as it is considered one of the factors that more frequently constitute an obstacle to the decision of becoming an entrepreneur. This chapter tries to contribute to the measurement of the level in which the financial system and the institutions that regulate them favours or hinders the access to the entrepreneurial function, going over the institutions and mechanisms through which the financial system has an influence.


Foreign Direct Investment Venture Capital Entrepreneurial Activity Capital Gain Liquidity Constraint 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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Copyright information

© Springer Science+Business Media, LLC 2008

Authors and Affiliations

  • Mónica Carmona
    • 1
  • Mario Cerdán
  • José María Millán
  1. 1.Department of Economics and StatisticsUniversity of HuelvaSpain

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