Small and medium sized enterprises (SMEs) account for about 99% of all enterprises in Croatia as well as in the EU economy. In most industries, SMEs attribute to much of the capital stock, employment, and a significant fraction of innovations. Among all SMEs, those that are growth-oriented make...

This paper analyses the role that institutional factors play in explaining differences in the capital structure of small and medium-sized enterprises (SMEs) across regions belonging to a single country. Specifically, it studies the effect of the development of the financial sector and of the...

The Netherlands like most western countries has witnessed a strong rise in small businesses of non-western migrants in recent years. This phenomenon has been particularly observable in disadvantaged multicultural neighbourhoods of the major cities of Amsterdam, Rotterdam, The Hague and Utrecht....