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Capital and the promotion of entrepreneurship in the rural United States

, : Capital and the promotion of entrepreneurship in the rural United States. Businesses and jobs in the rural world: 75-84

A persistent problem for those who focus on the relationship between rural entrepreneurship and capital markets is to explain why entrepreneurship has failed to flourish in relatively poor rural areas. The lack of capital in rural areas is a major source of the problem, as the flow of capital plays an important role in entrepreneurship. This paper proposes a model which provides a useful way to think about the role of credit.

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