Financial innovation is driving entrepreneurial growth in emerging markets from "summary" of Developments in Entrepreneurial Finance and Technology by Audretsch, David B.,Belitski, Maksim,Rejeb, Nada,Caiazza, Rosa
Financial innovation plays a crucial role in fostering entrepreneurial growth in emerging markets. This is because entrepreneurs in these markets often face various challenges, such as limited access to traditional sources of financing. In this context, financial innovation becomes a key enabler by providing new and alternative ways for entrepreneurs to raise capital and support their ventures. One of the main ways in which financial innovation drives entrepreneurial growth is by expanding the range of financing options available to entrepreneurs. For example, the emergence of crowdfunding platforms has revolutionized the way in which entrepreneurs can raise funds by allowing them to connect directly with a large number of potential investors. This not only helps entrepreneurs access much-needed capital but also enables them to tap into a wider pool of resources and expertise. Moreover, financi...
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