dc.creatorAlvarado,Marco
dc.creatorMora-Esquivel,Ronald
dc.date2020-04-01
dc.date.accessioned2023-09-25T14:20:35Z
dc.date.available2023-09-25T14:20:35Z
dc.identifierhttp://www.scielo.sa.cr/scielo.php?script=sci_arttext&pid=S1659-33592020000100001
dc.identifier.urihttps://repositorioslatinoamericanos.uchile.cl/handle/2250/8817957
dc.descriptionABSTRACT This study identiftes and analyzes the ftnancial bootstrapping techniques commonly used by small businesses in Costa Rica. The empirical application uses a unique sample of 161 Costa Rican SMEs for 2017. The results of the parallel factor analysis reveal that the analyzed SMEs adopt different types of bootstrappingtechniques primarily related to the owners, customers, and alliances that facilitate the joint utilization of facilities and other assets. Entrepreneurs bootstrap their businesses to reduce the reliance on external ftnancing. In this sense, the results of this study show that, rather than simply using what entrepreneurs are familiar with (e.g., credit from family or friends), Costa Rican small business managers are exploring and actively using a wide array of alternative methods in order to access ftnancial resources.
dc.formattext/html
dc.languageen
dc.publisherInstituto Tecnológico de Costa Rica
dc.relation10.18845/te.v14i1.4951
dc.rightsinfo:eu-repo/semantics/openAccess
dc.sourceTec Empresarial v.14 n.1 2020
dc.subjectFinancial bootstrapping
dc.subjectsmall business finance
dc.subjectCosta Rica
dc.titleFinancial bootstrapping among Costa rican small businesses: An exploratory study
dc.typeinfo:eu-repo/semantics/article


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