Entrepreneurship and Development : The Role of Information Asymmetries

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...

Full description

Bibliographic Details
Main Authors: Klapper, Leora F., Love, Inessa
Format: Journal Article
Language:en_US
Published: World Bank 2013
Subjects:
Online Access:http://hdl.handle.net/10986/13485
Description
Summary: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.