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Full-Text Articles in Business
Encouraging Entrepreneurship: Microfinance, Knowledge Support, And The Costs Of Operating In Institutional Voids, Subrata Chakrabarty, A. Erin Bass
Encouraging Entrepreneurship: Microfinance, Knowledge Support, And The Costs Of Operating In Institutional Voids, Subrata Chakrabarty, A. Erin Bass
Marketing and Management Faculty Publications
This study focuses on the supplemented strategies of microfinance institutions (MFIs), in which the MFI offers nonfinancial services, such as entrepreneurship related knowledge, in addition to financial services to impoverished borrowers at the bottom of the pyramid (BoP). We examine two contextual factors–foreign direct investment (FDI) and loan defaults–to better understand the relationship between providing knowledge support to encourage entrepreneurship and costs of operating at the BoP for MFIs. In contexts where FDI is low and loan defaults are high, providing knowledge support to encourage entrepreneurship aggravates the MFI's costs of operating at the BoP. However, in contexts where FDI …
The Business Incubator: A Rural Economic Development Tool, Raymond A. Marquardt, Steven A. Schulz
The Business Incubator: A Rural Economic Development Tool, Raymond A. Marquardt, Steven A. Schulz
Marketing and Management Faculty Publications
In the 1980s universities and economic development agencies encouraged the establishment of business incubators to bolster economic development. Business incubators are designed to cultivate the formation of new business ventures in an environment conducive to success.