AN ANALYSIS OF SMALL BUSINESS LOAN GUARANTEE FUNDS

Small businesses are considered important engines for job growth and economic development by policy makers worldwide. One of the most commonly cited constraints of small businesses is a lack of access to capital. To address this constraint, small business loan guarantee programs have been established in over 100 countries. There are a variety of types of guarantee funds, with the most significant differences being which borrowers are eligible for guarantees, and how borrowers are approved for guarantees. There is currently no clear delineation between types of programs and the economic conditions they operate in, though some trends are becoming apparent. However, these trends may not be leading to the best economic outcomes possible. By better matching the structure of the guarantee fund to the economic conditions it operates in, the program’s success in meeting economic development goals may be greatly improved. Many programs in developing countries may not be taking advantage of bank expertise and may be limiting the scope of their effectiveness. At the same time, programs in developed countries may be wasting resources by scattering their efforts too thinly and subsidizing less competitive firms to the detriment of local economic development.

Platforms, network effects and small business dynamics in China : case study of the Shanzhai cell phone industry

This paper seeks to argue the significance of platforms on emerging markets through a case study of the Shanzhai cell phone industry in Shenzhen, China. In this industry, value chains are being driven by both the technology platforms and the market platforms. The former include MTK baseband chipset, and so-called Shared PCBA and Shared Mould. The latter include the North Huaqiang Market and the Purchasing and Money Platform. Technology platforms greatly reduced the technological barriers to entry for independent design houses and system integrators, while market platforms markedly improved their poor marketing and purchasing abilities. Due to factors such as social networks, supporting industries, informality and platform governance, strong network effects have been exhibited in the two types of platforms, which have not only fostered numerous start-ups, but have also led to effective exploitation of emerging markets.

Minority ownership of small business: instructional handbook.

"Produced by the Office of Education in cooperation with the Dept. of Commerce, the Dept. o Housing and Urban Development, and the Office of Economic Opportunity."

President's Private Sector Survey on Cost Control : report on the Environmental Protection Agency, the Small Business Administration and the Federal Emergency Management Agency.

J. Peter Grace, Executive Committee Chairman.

To identify prospects for economic development in rural America [microform] : hearings before the Subcommittee on Rural Economy and Family Farming of the Committee on Small Business, United States Senate, One Hundredth Congress, second session ... June 29, 1988, July 13, 1988.

CIS Microfiche Accession Numbers: CIS 89 S721-4

Flexible manufacturing networks [microform] : hearing before the Subcommittee on Regulation and Business Opportunities of the Committee on Small Business, House of Representatives, One Hundredth Congress, second session, Washington, DC, September 13, 1988.

"Serial no. 100-74."

Minority Business Development Act of 1988--H.R. 1769 [microform] : hearing before the Subcommittee on Procurement, Innovation, and Minority Enterprise Development of the Committee on Small Business, House of Representatives, One Hundredth Congress, second session, Washington, DC, June 30, 1988.

"Serial no. 100-54."

Potential health hazards of cosmetic products [microform] : hearings before the Subcommittee on Regulation and Business Opportunities of the Committee on Small Business, House of Representatives, One Hundredth Congress, second session, Washington, DC, July 14 and September 15, 1988.

"Serial no. 100-67."

Unfair franchise practices [microform] : hearing before the Subcommittee on Antitrust, Impact of Deregulation, and Privatization of the Committee on Small Business, House of Representatives, One Hundredth Congress, second session, Washington, DC, August 4, 1988.

"Serial no. 100-72."

New economic realities [microform] : the role of women entrepreneurs : hearings before the Committee on Small Business, House of Representatives, One Hundredth Congress, second session, Washington, DC, April 26 and 27; May 10, 11, 17, and 19, 1988.

"Serial no. 100-53."

Day care [microform] : its importance to small business : hearing before the Subcommittee on Exports, Tourism, and Special Problems of the Committee on Small Business, House of Representatives, One Hundredth Congress, second session, Washington, DC, June 8, 1988.

"Serial no. 100-66."

Report with recommendations [of the] Subcommittee on Small Business.

At head of title: Committee print. 81st Cong., 2d sess. Senate.

Organization and operation of the Small Business Administration. A report of the Select Committee on Small Business, House of Representatives, Eighty-seventh Congress, second session, pursuant to H. Res. 46.

Mode of access: Internet.