2003
DOI: 10.1016/s0305-750x(03)00112-8
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Microenterprise Development Programs in the United States and in the Developing World

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Cited by 113 publications
(87 citation statements)
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References 31 publications
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“…For this reason, Sonne (2012) stated that business incubation and venture capital are alternative financing initiatives that can effectively support innovation and entrepreneurship in developing countries. Schreiner & Woller (2003) found that financial programs that concentrate on micro-financing rather than public bids are more effective in encouraging entrepreneurial activity. A detailed review of these two alternatives will be presented in addition to some recent trends such as training and business formation, crowd-funding and networking events.…”
Section: Initiatives Aimed At Supporting Entrepreneurship In Developimentioning
confidence: 99%
See 1 more Smart Citation
“…For this reason, Sonne (2012) stated that business incubation and venture capital are alternative financing initiatives that can effectively support innovation and entrepreneurship in developing countries. Schreiner & Woller (2003) found that financial programs that concentrate on micro-financing rather than public bids are more effective in encouraging entrepreneurial activity. A detailed review of these two alternatives will be presented in addition to some recent trends such as training and business formation, crowd-funding and networking events.…”
Section: Initiatives Aimed At Supporting Entrepreneurship In Developimentioning
confidence: 99%
“…Since then, this form of financing has proved to be useful in encouraging women to start micro businesses in unprivileged areas of the world (GEM, 2014). Usually microfinance projects provide financial services coupled with basic business literacy, to groups of aspiring entrepreneurs (Morduch, 1999;Schreiner & Woller, 2003). The financed venture normally takes the form of a microenterprise; a tiny business initiative with mostly one employee, i.e.…”
Section: Initiatives Aimed At Supporting Entrepreneurship In Developimentioning
confidence: 99%
“…According to our knowledge, this is the fi rst empirical study of the determinants of competitiveness and innovations of the rural food processing enterprises in any of the European post-socialist countries. Our research therefore fi lls in the gap in the prevailing literature dealing predominantly either with the trade with agricultural products (Bielik et al 2013), or the fi rst world or the third world (Schreiner and Woller 2003;or Anik et al 2013).…”
mentioning
confidence: 94%
“…Even though formal MSEs may enjoy the benefits associated with contracts enforcement by the government (Schreiner & Woller, 2003), when the procedures to join the formal sector are cumbersome, costly, or when the country's legal framework is de facto ineffective, people will have fewer incentives to opt joining the formal economic sector (de Soto, 1987;Johnson, Kaufmann, Shleifer, Goldman & Weitzman, 1997;Friedman, Johnson, Kaufmann, & Zoido-Lobaton, 2000;Djankov, La Porta, Lopez-de-Silanes & Shleifer, 2002). Therefore, informal MSEs avoid formal requirements like official registration and bear the cost of informality such as exclusion from accessing government programs or formal funding sources.…”
Section: Informal Economy: Micro and Small Enterprisesmentioning
confidence: 99%