Entrepreneurship and Development: The Role of Information Asymmetries

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January 2011, Volume25(Issue3) Page448To455

This article reviews the literature on the relationship between entrepreneurship and economic development and introduces four symposium articles. A common thread is that information asymmetries are important determinants of access to finance in young entrepreneurial firms. Policy recommendations are proposed that would increase the positive role of entrepreneurship in economic development.

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doi: 10.1093/wber/lhr044