Hardback
Entrepreneurial Financial Resilience and Financial Innovation in a Turbulent Era
This cutting-edge book explores the impact of pandemic shocks and other crises on businesses. Focusing on growing threats to business resilience, it offers innovative strategies to manage financial change and reposition small and medium-sized enterprises (SMEs) and entrepreneurs for success.
More Information
Critical Acclaim
Contributors
Contents
More Information
This cutting-edge book explores the impact of pandemic shocks and other crises on businesses. Focusing on growing threats to business resilience, it offers innovative strategies to manage financial change and reposition small and medium-sized enterprises (SMEs) and entrepreneurs for success.
The expert team of contributors provide multi-dimensional perspectives on how to support businesses to access finance. Focusing on SMEs, the book analyses the diverse coping strategies adopted by firms to resolve entrepreneurial issues. Chapters evaluate the impact of crises on SMEs’ finances; the latest developments in debt, equity and asset-based finance; and recent global inflationary pressures. Ultimately, the book argues that SME resilience is central to a strong economy, and swift action from governments, financial institutions, and other stakeholders is needed to curb the liquidity trap faced by businesses.
Tackling theoretical, practical and policy issues, this book will be a useful resource for students and researchers of entrepreneurship, financial regulation and the economics of innovation. It will also be an invaluable guide for policymakers and practitioners seeking to boost SME resilience and control economic shocks.
The expert team of contributors provide multi-dimensional perspectives on how to support businesses to access finance. Focusing on SMEs, the book analyses the diverse coping strategies adopted by firms to resolve entrepreneurial issues. Chapters evaluate the impact of crises on SMEs’ finances; the latest developments in debt, equity and asset-based finance; and recent global inflationary pressures. Ultimately, the book argues that SME resilience is central to a strong economy, and swift action from governments, financial institutions, and other stakeholders is needed to curb the liquidity trap faced by businesses.
Tackling theoretical, practical and policy issues, this book will be a useful resource for students and researchers of entrepreneurship, financial regulation and the economics of innovation. It will also be an invaluable guide for policymakers and practitioners seeking to boost SME resilience and control economic shocks.
Critical Acclaim
‘With significant focus on the impact of the Covid pandemic on SMEs, this book has considerable contemporary relevance. But as the editors emphasise, the Covid pandemic is just one of several sources of turbulence and disruption that are currently impacting SMEs across the globe. Moreover, as they go on to note, turbulence and disruption are recurring events, giving the book ongoing relevance beyond the pandemic.’
– Colin Mason, University of Glasgow, Scotland, UK
‘The editors have assembled a distinguished and diverse collection of contributors who are able to offer real insights into the marketplace for entrepreneurial finance. Although these marketplaces differ massively between countries, they are united in the common theme that participants lack power. They are constantly subject to shocks from which some, but not all, survive. Who does, who does not, and why, are therefore key questions addressed in the volume.’
– David Storey, University of Sussex Business School, UK
– Colin Mason, University of Glasgow, Scotland, UK
‘The editors have assembled a distinguished and diverse collection of contributors who are able to offer real insights into the marketplace for entrepreneurial finance. Although these marketplaces differ massively between countries, they are united in the common theme that participants lack power. They are constantly subject to shocks from which some, but not all, survive. Who does, who does not, and why, are therefore key questions addressed in the volume.’
– David Storey, University of Sussex Business School, UK
Contributors
Contributors: Senyo Agbanyo, Johnson Ameh, Prathivadi Anand, Rashmi Arora, Victor Atiase, David Bennett, Sanjay Bhowmick, Joseph Kwadwo Danquah, David Deakins, Dilek Demirbaş, Prasoom Dwivedi, Patrick Elf, Kathleen Flynn, Patronella Ganza, Javed G. Hussain, Seun Kolade, Harry Matlay, Francis Zana Naab, Gilbert Zana Naab, Adekunle I. Ogunsade, Oyerinmade R. Oladejo, Robyn Owen, Samuel Salia, Robert Sambian, Jonathan M. Scott, Pattanapong Tiwasing, Li Xiao
Contents
Contents:
1 Entrepreneurial financial resilience and financial
innovation in a turbulent era 1
Jonathan M. Scott, Javed G. Hussain, Samuel Salia and David Deakins
2 The impact of the Covid-19 global pandemic upon the
entrepreneurial financial resilience of SMEs 22
Harry Matlay
3 Chinese ventures’ strategic choices and recurring
disruptions in the entrepreneurial process 36
Li Xiao
4 Evaluation of an enterprise resource planning system in
turbulent times: a case study of the SMEs of the United
Kingdom and Australia 46
Dilek Demirbaş, Kathleen Flynn and David Bennett
5 Collective resilience in constrained environments:
entrepreneurship in a sub-Himalayan community and the
COVID-19 pandemic 65
Sanjay Bhowmick and Prasoom Dwivedi
6 Crowdfunding and traditional finance: the prospects and
challenges for SMEs in Nigeria 86
Oyerinmade R. Oladejo, Adekunle I. Ogunsade, Seun
Kolade and Victor Atiase
7 Understanding SME financial resilience and survivability
in Africa 107
Victor Atiase, Senyo Agbanyo, Patronella Ganza, Johnson
Ameh and Robert Sambian
8 Seeding the green recovery: an assessment of the roles of
UK government venture capital funds 134
Robyn Owen
9 Designing financial products that support rural
livelihoods: making microfinance work for the poor 155
Gilbert Zana Naab, Rashmi Arora, Prathivadi Anand,
Francis Zana Naab, Pattanapong Tiwasing and Joseph
Kwadwo Danquah
10 Developing Brazil’s sustainable finance entrepreneurship
ecosystem: the role of keystone actors and institutional logics 190
Patrick Elf and Robyn Owen
Index
1 Entrepreneurial financial resilience and financial
innovation in a turbulent era 1
Jonathan M. Scott, Javed G. Hussain, Samuel Salia and David Deakins
2 The impact of the Covid-19 global pandemic upon the
entrepreneurial financial resilience of SMEs 22
Harry Matlay
3 Chinese ventures’ strategic choices and recurring
disruptions in the entrepreneurial process 36
Li Xiao
4 Evaluation of an enterprise resource planning system in
turbulent times: a case study of the SMEs of the United
Kingdom and Australia 46
Dilek Demirbaş, Kathleen Flynn and David Bennett
5 Collective resilience in constrained environments:
entrepreneurship in a sub-Himalayan community and the
COVID-19 pandemic 65
Sanjay Bhowmick and Prasoom Dwivedi
6 Crowdfunding and traditional finance: the prospects and
challenges for SMEs in Nigeria 86
Oyerinmade R. Oladejo, Adekunle I. Ogunsade, Seun
Kolade and Victor Atiase
7 Understanding SME financial resilience and survivability
in Africa 107
Victor Atiase, Senyo Agbanyo, Patronella Ganza, Johnson
Ameh and Robert Sambian
8 Seeding the green recovery: an assessment of the roles of
UK government venture capital funds 134
Robyn Owen
9 Designing financial products that support rural
livelihoods: making microfinance work for the poor 155
Gilbert Zana Naab, Rashmi Arora, Prathivadi Anand,
Francis Zana Naab, Pattanapong Tiwasing and Joseph
Kwadwo Danquah
10 Developing Brazil’s sustainable finance entrepreneurship
ecosystem: the role of keystone actors and institutional logics 190
Patrick Elf and Robyn Owen
Index
