TY  - JOUR
AU  - Kerr,William
AU  - Nanda,Ramana
TI  - Financing Constraints and Entrepreneurship
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 15498
PY  - 2009
Y2  - November 2009
UR  - http://www.nber.org/papers/w15498
L1  - http://www.nber.org/papers/w15498.pdf
N1  - Author contact info:
William R. Kerr
Harvard Business School
Rock Center 212
Soldiers Field
Boston, MA 02163
Tel: 617/496-7021
E-Mail: wkerr@hbs.edu

Ramana Nanda
Harvard Business School
Rock Center 221
Boston
MA 02163
E-Mail: rnanda@hbs.edu
AB  - Financing constraints are one of the biggest concerns impacting potential entrepreneurs around the world. Given the important role that entrepreneurship is believed to play in the process of economic growth, alleviating financing constraints for would-be entrepreneurs is also an important goal for policymakers worldwide. We review two major streams of research examining the relevance of financing constraints for entrepreneurship. We then introduce a framework that provides a unified perspective on these research streams, thereby highlighting some important areas for future research and policy analysis in entrepreneurial finance.
ER  -