The financing of small firms: Different continents, the same problems?

From: New England Journal of Entrepreneurship | Date: October 1, 2001| Author: | Copyright information

The importance of small firms for economic development has been recognized across the globe. Most governments are aware that smaller enterprises face problems not experienced by their larger counterparts, and have taken steps to provide financial assistance. This article compares the experiences of small firms in the United Kingdom and Malaysia, and assesses whether public and private sector financial initiatives in the two countries have reduced the existence of the "finance gap" thought to prevail in both countries. The research program conducted for this article suggests that, despite ...

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