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Emerging Economies and Financing of SMEs

Emerging Economies and Financing of SMEs

Liang Han, Xin Xiang, Xingquan Yang
Copyright: © 2018 |Pages: 24
ISBN13: 9781522527008|ISBN10: 1522527001|EISBN13: 9781522527015
DOI: 10.4018/978-1-5225-2700-8.ch002
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MLA

Han, Liang, et al. "Emerging Economies and Financing of SMEs." Financial Entrepreneurship for Economic Growth in Emerging Nations, edited by Atsede Woldie and Brychan Thomas, IGI Global, 2018, pp. 22-45. https://doi.org/10.4018/978-1-5225-2700-8.ch002

APA

Han, L., Xiang, X., & Yang, X. (2018). Emerging Economies and Financing of SMEs. In A. Woldie & B. Thomas (Eds.), Financial Entrepreneurship for Economic Growth in Emerging Nations (pp. 22-45). IGI Global. https://doi.org/10.4018/978-1-5225-2700-8.ch002

Chicago

Han, Liang, Xin Xiang, and Xingquan Yang. "Emerging Economies and Financing of SMEs." In Financial Entrepreneurship for Economic Growth in Emerging Nations, edited by Atsede Woldie and Brychan Thomas, 22-45. Hershey, PA: IGI Global, 2018. https://doi.org/10.4018/978-1-5225-2700-8.ch002

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Abstract

Existing evidence has shown that SMEs make great contributions to innovation, job creation and economic growth. This chapter reviews recent literature on (1) the important roles played by SMEs in emerging markets and (2) the impacts of financial development on SME finance in such markets. It also uses a unique database form World Bank Enterprise Survey (WBES) to document the financing patterns, constraints and other financial issues of SMEs in emerging markets. The descriptive statistics derived from WBES show clear variations of SME financing patterns between emerging and developed markets and shed light on the important role played by financial development in financing SMEs.

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