Work

Financing pro-poor entrepreneur-based innovation : a review of existing literature

Year: 2010

Type: preprint

Abstract: That innovation and entrepreneurship are important for poverty alleviation and development is well established. However, despite a general agreement that finance affects growth and development by supporting innovative activities in the economy, little has been written specifically on how pro-poor entrepreneur-based innovation in rural areas should be financed. This review explores the literature relevant to understanding financing of pro-poor innovation and entrepreneurship, and shows that financial theories are moving from linear supply-led subsidised credit approaches towards new, more systemic perspectives. These include theories on financial systems theories, microfinance, and financial access and inclusion. This review notes that a theoretical and policy gap exists as regards financing of pro-poor entrepreneur-based innovation in rural areas.

Source: RePEc: Research Papers in Economics

Author: Lina Sonne

Language: English

Topic: Microfinance and Financial Inclusion

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: No poverty, Decent work and economic growth, Industry, innovation and infrastructure, Reduced inequalities

Open Access status: green

Funder: Maastricht Economic and Social Research Institute on Innovation and Technology, United Nations University

OpenAlex ID: W7099030739

Cites: 54

Cited by: 8

Related to: 10