Investment in Startups and Small Business Financing

Successful startups and small businesses can play a significant role in economic growth and job creation. They also contribute to economic dynamism by spurring innovation and injecting competition. Startups are known to introduce new products and services that can create new value in the economy. It is notable that most startups exit within their first ten years, and most surviving young businesses do not grow but remain small. Startups and small businesses face several obstacles to their development. Accessing capital is a crucial constraint on their growth. Most startups and small businesses have difficulties getting the funds they need because of their lack of a performance track record and lack of collateral, making it difficult for lenders or investors to assess their risk. Besides, they are in the early stages of development and face a very high possibility of failure, which significantly raises financing and investment risk.Investment in Startups and Small Business Financing provides 12 thematic and case studies on new methods for bringing private investment (loans or equity) to startups and easing small businesses' access to finance (debt and capital). The contributors are senior-level policy experts and researchers from governments, think tanks, academia, and international organizations. The chapters are authored in a policy-oriented way to be understandable for the readers with a different background. This book is a precious source for the governments for adopting the right policies to develop small businesses and startups and valuable for the researchers in economics, business, and finance.Contents: About the EditorsIntroduction: Investment in Startups and Small Business Financing (Farhad Taghizadeh-Hesary, Naoyuki Yoshino, Chul Ju Kim, Peter J Morgan, and Daehee Yoon)Regulatory and Policy Framework:Comparative Study on Regulatory Frameworks for Promotion of Startup Businesses and SMEs in Japan, Republic of Korea, Malaysia, and Thailand (Pornchai Wisuttisak)Policy and Regulatory Changes for a Successful Startup Revolution: Experiences from the Startup Action Plan in India (Vijay Kumar Singh)Schemes for Fostering Investments in Startups:Measures to Enhance the Effectiveness of Startup Financing: Based on a Case Study of the Korea Credit Guarantee Fund (Jung-hwan Kim and Yong-min Jeon)Techno-Economic Feasibility Study Methods in Startup Financing (M Subramanian and Farhad Taghizadeh-Hesary)Role of Soft Infrastructure in Fostering Startup Businesses During a Lack of Finance (Yeganeh Eghbalnia)Funding Tech Startups in Selected Asian Countries (Paul Vandenberg, Aimee Hampel-Milagrosa, and Matthias Helble)The Startup Environment and Funding Activity in India (Dharish David, Sasidaran Gopalan, and Suma Ramachandran)Introduction of Entrepreneurship Development Fund for Startups and Small and Medium-sized Enterprises: Case of Kazakhstan (Keun Jung Lee)Solutions for Easing Small Businesses' Access to Finance:Credit Guarantee Scheme and Startup Businesses: Financial Pipelines and Successful Startups in South East Asiaa (Youngho Chang and Wai Mun Kock)Leveraging the Potential of Islamic Banking and Finance for Small Businesses (Mohamed Asmy Bin Mohd Thas Thaker, Hassanudin Bin Mohd Thas Thaker, Anwar Bin Allah Pitchay, Md Fouad Bin Amin, and Ahmad Bin Khaliq)Improving Financial Accessibility of Small and Medium-sized Enterprises Through Fintech (Hyojin Im and Taeho Yoon)The New Role of Guarantee Institutions in the Fourth Industrial Revolution and Era of Inclusive Growth (ChulJu Kim, Yoonha Ham, and Sangwon Cha)
Readership: Graduate students, Researchers of finance, banking, development economics and accounting; policy-makers, and government agencies.Small and Medium-Sized Enterprises;SMEs;Startups;Finance;SME Finance;Corporate Finance;Micro-Finance;Risky Businesses;Asymmetry of information;Investment;Venture Capital;Credit Guarantee;Credit Guarantee Fund;Credit Guarantee Corporation;Credit Guarantee Scheme;Korea Credit Guarantee Fund;KODIT;Small Businesses;Hometown Investment Trust Fund;HIT Funds Techno-Economic Feasibility Study;Tech Startup;Soft Infrastructure;Startup Ecosystem;Credit Guarantee Premium Rate;Regulatory Frameworks;Leveraging;Asia;East Asia;South East Asia;ASEAN;South Asia;Central Asia;Iran;Kazakhstan;Malaysia;Japan;Thailand;Naoyuki Yoshino;Farhad Taghizadeh-Hesary;Peter Morgan;Chul Ju Kim;Daehee Yoon;Islamic Banking;Islamic;Finance;The Fourth Industrial Revolution;Damu Fund;Inclusive Growth;Financial Inclusion0Key Features:Considers different aspects of the small businesses and start-ups financingEminent contributors from international organizations, academia, think-tanks, and government agencies