Small Business Access to Credit: Yesterday, Today and Tomorrow
- New Working Paper Series from Swedish Entrepreneurship Forum (f.k.a. FSF)
Small business access to credit has been turned upside down in the United States over the last 30 years. It has moved from a difficult problem for small business owners and managers as a
group to a relatively modest one. The transformation is largely due to financial servicesderegulation, information technology, and finance innovation. Prominent among the latter is credit scoring.
These developments raise policy issues that are relevant to all developed countries. Among them are: how does one measure and monitor small business credit access? What are the dimensions of a small business credit market? Within the bounds of safety and soundness, whatcan/should be done to promote de novo bank entry? And, what is the future of conventional small business loan-backed securitization in the light of the sub-prime debacle?
In, Small Business Access to Credit: Yesterday, Today and Tomorrow, the author William Dennis from NFIB Research Foundation, USA comments focus on the changes American small business experienced accessing credit over the last 30 years.
On April 27 FSF Co-arranged a worskhop aiming to present and discuss measures taken in European countries in the area of Entrepreneurship Policy. Special attention was given financing issues and what is done for entrepreneurship in the existing crisis, the work of rule simplification and experiences of entrepreneurship education.
Policymakers urged to “think and act small first” at Craft and SME Convention
The first Craft and SME Convention took place in Brussels on 27 April at the European Economic and Social Committee. Featuring Commissioners Neelie Kroes and Günter Verheugen. More than 100 delegates gathered to take stock of the recovery measures put in place so far and discuss what is missing from a small business perspective. The event was moderated by Ulrika Stuart Hamilton from the Swedish Foundation for Small Business Research.
– Documentation from the Brussels seminar February 19
The seminar, arranged by FSF, ITPS and NUTEK, focused on the book, How Unified Is the European Union? (Springer 2009)which brings together contributors from economics, political science and law to offer different perspectives on this larger issue. Many of the co-authors took part in the seminar.
Professor Scott A. Shane named the 2009 recipient of the Global Award for Entrepreneurship Research
The 2009 recipient of the world’s most prestigious award in entrepreneurship research, the Global Award for Entrepreneurship Research, was announced today. Scott A. Shane, professor of Economics at Waterhead School of Management, Case Western Reserve University, will receive 100.000 euros for his contributions to an increased understanding of the conditions under which the entrepreneur and the small business operate.
