Do experience, education and business plan influence SMEs start-up bank loan? the case of Libya

The financing of small and medium enterprises (SMEs) has been a topic of great interest among both policy-makers and researchers because of the growing importance of SMEs in the economic development around the world. There is also sizeable evidence that SMEs face large growth constraints and have le...

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Main Authors: K.H., Abdesamed,, K.A., Wahab,
Format: Article
Language:en_US
Published: 2015
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Online Access:http://ddms.usim.edu.my/handle/123456789/8781
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spelling my.usim-87812015-12-22T04:28:47Z Do experience, education and business plan influence SMEs start-up bank loan? the case of Libya K.H., Abdesamed, K.A., Wahab, Business plan Education Experience Libya SMEs start-up bank loan The financing of small and medium enterprises (SMEs) has been a topic of great interest among both policy-makers and researchers because of the growing importance of SMEs in the economic development around the world. There is also sizeable evidence that SMEs face large growth constraints and have less access to formal sources of external finance such as bank loans, which potentially explains the lack of SMEs' contribution to economic growth. Thus, to understand SMEs' startup financing, we rely on the human capital of owner-manager and SMEs' business strategy to investigate how human capital and business strategy influence SME startup with bank loans. Using survey data based on 76 SMEs in Tripoli and Sabha, the logit model is employed to examine the hypothesized factors. The results show that business plan and owner-manager experiences do influence SMEs' startup bank loan in Libya. 2015-07-13T06:35:56Z 2015-07-13T06:35:56Z 2012 Article 19918178 http://ddms.usim.edu.my/handle/123456789/8781 en_US
institution Universiti Sains Islam Malaysia
building USIM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universit Sains Islam i Malaysia
content_source USIM Institutional Repository
url_provider http://ddms.usim.edu.my/
language en_US
topic Business plan
Education
Experience
Libya
SMEs start-up bank loan
spellingShingle Business plan
Education
Experience
Libya
SMEs start-up bank loan
K.H., Abdesamed,
K.A., Wahab,
Do experience, education and business plan influence SMEs start-up bank loan? the case of Libya
description The financing of small and medium enterprises (SMEs) has been a topic of great interest among both policy-makers and researchers because of the growing importance of SMEs in the economic development around the world. There is also sizeable evidence that SMEs face large growth constraints and have less access to formal sources of external finance such as bank loans, which potentially explains the lack of SMEs' contribution to economic growth. Thus, to understand SMEs' startup financing, we rely on the human capital of owner-manager and SMEs' business strategy to investigate how human capital and business strategy influence SME startup with bank loans. Using survey data based on 76 SMEs in Tripoli and Sabha, the logit model is employed to examine the hypothesized factors. The results show that business plan and owner-manager experiences do influence SMEs' startup bank loan in Libya.
format Article
author K.H., Abdesamed,
K.A., Wahab,
author_facet K.H., Abdesamed,
K.A., Wahab,
author_sort K.H., Abdesamed,
title Do experience, education and business plan influence SMEs start-up bank loan? the case of Libya
title_short Do experience, education and business plan influence SMEs start-up bank loan? the case of Libya
title_full Do experience, education and business plan influence SMEs start-up bank loan? the case of Libya
title_fullStr Do experience, education and business plan influence SMEs start-up bank loan? the case of Libya
title_full_unstemmed Do experience, education and business plan influence SMEs start-up bank loan? the case of Libya
title_sort do experience, education and business plan influence smes start-up bank loan? the case of libya
publishDate 2015
url http://ddms.usim.edu.my/handle/123456789/8781
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score 13.214268