Deakin University
Browse

File(s) under permanent embargo

How does microfinance enhance entrepreneurial outcomes in emerging economies? The mediating mechanisms of psychological and social capital

Version 2 2024-06-13, 09:29
Version 1 2015-12-11, 14:21
journal contribution
posted on 2024-06-13, 09:29 authored by A Newman, S Schwarz, D Borgia
In this article, a conceptual framework and research propositions are developed to explain how microfinance provision can translate into new venture creation and existing venture growth in an emerging economy context by engendering higher levels of psychological and social capital in clients. In doing this, the extent to which microfinance institutions provide business support and opportunities for social interaction are identified as factors which may strengthen the impact of microfinance provision on psychological and social capital, especially for poor entrepreneurs in resource-constrained settings. The conceptual framework and research propositions developed will be of use to academics in designing an agenda for future empirical research. In addition, they will help policymakers and microfinance providers to better design microfinance initiatives that enhance the well-being of clients and maximise their entrepreneurial outcomes. © The Author(s) 2013.

History

Journal

International small business journal

Volume

32

Pagination

158-179

Location

Ann Arbor, Mich.

ISSN

0266-2426

eISSN

1741-2870

Language

eng

Publication classification

C1.1 Refereed article in a scholarly journal, C Journal article

Copyright notice

2014, Sage Publications

Issue

2

Publisher

Sage Publications