Arbeitspapier

Financial Constraints and Small and Medium Enterprises: A Review

We review the literature on financial constraints and the performance of small and medium enterprises (SMEs). We consider the important role that SMEs play in the economies of Australia and the Organisation for Economic Cooperation and Development. We examine the role of financial constraints in SME growth, with emphasis on business cycles and credit access. We discuss issues that SMEs face in accessing financial resources for expansion. We look at the literature that evaluates the impact of financial constraints on key outcomes: employment, productivity and wages. We review key policy debates and consider where government involvement might be appropriate.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 12936

Klassifikation
Wirtschaft
Firm Behavior: Empirical Analysis
Firm Performance: Size, Diversification, and Scope
Thema
small and medium enterprises (SME)
firm financial constraints
government business assistance
employment
wages
productivity
innovation

Ereignis
Geistige Schöpfung
(wer)
Bakhtiari, Sasan
Breunig, Robert
Magnani, Lisa
Zhang, Jacquelyn
Ereignis
Veröffentlichung
(wer)
Institute of Labor Economics (IZA)
(wo)
Bonn
(wann)
2020

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Bakhtiari, Sasan
  • Breunig, Robert
  • Magnani, Lisa
  • Zhang, Jacquelyn
  • Institute of Labor Economics (IZA)

Entstanden

  • 2020

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