MODERN PRACTICE OF INNOVATIVE PROJECTS TO SELECT THE TYPE OF BUSINESS FINANCING
Abstract
The type of financing has a significant impact on the ability of an innovative project in entrepreneurship. However, the need for structuring risks differentiation within the responsibility of the parties to fulfill credit obligations creates additional difficulties in the practice of assessing business innovation projects.
About the Author
B. R. Shakirthanov
Russian Academy of Entrepreneurship, Moscow
Russian Federation
Candidate of Economic Sciences
Russian Federation
Candidate of Economic Sciences
References
1. Banerjee A., Duflo E. Do firms want to borrow more? Testing credit constraints using a directed lending program / / Working Paper. – 2008
2. Cole S. Fixing market failures or fixing elections? Elections, banks and agricultural lending in India / / American Economic Journals: Applied Economics. – 2009. – 1 (1), 219-50.
3. Cetorelli N., Strahan P. Finance as a barrier to entry: Bank competition and industry structure in local U.S. markets // Journal of Finance. – 2006. – 61 (1), 437-61.
4. Kerr W., Nanda R. Democratizing entry: Banking deregulation, financing constraints, and entrepreneurship / / Journal of Financial Economics, forthcoming. – 2009.
5. Petersen M. A., Rajan R. G. The effect of credit market competition on lending relationships / / Quarterly Journal of Economics. – 1995. – 110 (2), 407-43.
6. Stiglitz J. E., Weiss A. Credit rationing in markets with imperfect information / / American Economic Review. – 1991. – 71 (3), 393-410.
7. Berger A. N., Klapper L. F., Udell G. F. The ability of banks to lend to informationally opaque small businesses / / Journal of Banking & Finance. – 2001. – 25 (12), 2127-67.
8. Cabral L. M. B., Mata J. On the evolution of the firm size distribution: Facts and theory / / American Economic Review. – 2003. – 93 (4), 1075-90.
9. Bozkaya A., Kerr W. Labor regulations and European industrial specialization: Evidence from private equity investments / / HBS Working Paper. – 2007. – 08-043.
Review
For citations:
Shakirthanov B.R. MODERN PRACTICE OF INNOVATIVE PROJECTS TO SELECT THE TYPE OF BUSINESS FINANCING. MIR (Modernization. Innovation. Research). 2014;5(2(18)):67-72. (In Russ.)
Views:
527
Email this article 