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Small firm finance and economic geography

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  • Jane S. Pollard

Abstract

This paper argues that firm finance is something of a 'black-box' in economic geography, a largely take-for-granted aspect of production. Focusing on small firms, the paper argues that firm finance warrants analysis, not simply to 'add' to knowledge and to form another sub-discipline of economic geography, but in order to further develop and refine our understanding of uneven development. The paper explores the neglect of firm finance in economic geography and highlights some of the contributions of literatures in eco-nomics and business. Finally, the paper outlines three points of intersection between these disparate, usually disciplinary-bound, literatures in business, economics, and economic geography: the place-bound nature of firms, the social character of economic relations, and third, the power relations and asymmetries inherent in financial relationships. These intersections are used to critique existing small firm finance literatures and to outline the contours of an emerging research agenda in economic geography. Copyright 2003, Oxford University Press.

Suggested Citation

  • Jane S. Pollard, 2003. "Small firm finance and economic geography," Journal of Economic Geography, Oxford University Press, vol. 3(4), pages 429-452, October.
  • Handle: RePEc:oup:jecgeo:v:3:y:2003:i:4:p:429-452
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    Cited by:

    1. Alessia Lo Turco & Daniela Maggioni, 2017. "“Glocal” ties: banking development and SEs’ export entry," Small Business Economics, Springer, vol. 48(4), pages 999-1020, April.
    2. Rita YI MAN LI, 2008. "Nature Of The Firm: A Study On Developers In China And Hong Kong," Journal of Applied Economic Sciences, Spiru Haret University, Faculty of Financial Management and Accounting Craiova, vol. 3(4(6)_Wint).
    3. José Corpataux & Olivier Crevoisier & Thierry Theurillat, 2009. "The Expansion of the Finance Industry and Its Impact on the Economy: A Territorial Approach Based on Swiss Pension Funds," Economic Geography, Clark University, vol. 85(3), pages 313-334, July.
    4. repec:oup:jecgeo:v:18:y:2018:i:1:p:35-57. is not listed on IDEAS
    5. Brown, Ross & Lee, Neil, 2014. "Funding issues confronting high growth SMEs in the UK," LSE Research Online Documents on Economics 57264, London School of Economics and Political Science, LSE Library.
    6. Jun Zhang, 2011. "Related Variety, Global Connectivity and Institutional Embeddedness: Internet Development in Beijing and Shanghai Compared," Papers in Evolutionary Economic Geography (PEEG) 1110, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Jun 2011.
    7. GAMAGE Pandula, 2015. "Bank Finance For Small And Medium-Sized Enterprises In Sri Lanka: Issues And Policy Reforms," Studies in Business and Economics, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 10(2), pages 32-43, August.
    8. Gärtner, Stefan & Flögel, Franz, 2014. "Call for a Spatial Classification of Banking Systems through the Lens of SME Finance - Decentralized versus Centralized Banking in Germany as an Example," IAT Discussion Papers 14/01, Institut Arbeit und Technik (IAT), Westfälische Hochschule, University of Applied Sciences.
    9. Gärtner, Stefan & Flögel, Franz, 2014. "Call for a Spatial Classification of Banking Systems through the Lens of SME Finance - Decentralized versus Centralized Banking in Germany as an Example," EconStor Preprints 97512, ZBW - German National Library of Economics.
    10. Backman, Mikaela, 2013. "Banks and New Firm Formation," Working Paper Series in Economics and Institutions of Innovation 301, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
    11. Andy Pike & Jane Pollard, 2010. "Economic Geographies of Financialization," Economic Geography, Clark University, vol. 86(1), pages 29-51, January.
    12. Reindolf Yao Nani Adzido & Emmanuel Kwame Ahiave & Victor Yao Kamasah & Vivian Akoto & Onesimus Kwashie Dorkpah, 2016. "Assessing Financial Openness and Access to Credit Facilities: The Case of Banks in Ho, Ghana," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 6(3), pages 47-57, July.
    13. Masagus M. Ridhwan & Henri L.F. de Groot & Piet Rietveld & Peter Nijkamp, 2012. "Regional Interest Rate Variations: Evidence from the Indonesian Credit Markets," Tinbergen Institute Discussion Papers 12-073/3, Tinbergen Institute.
    14. Anjali Kumar & Manuela Francisco, 2005. "Enterprise Size, Financing Patterns, and Credit Constraints in Brazil : Analysis of Data from the Investment Climate Assessment Survey," World Bank Publications, The World Bank, number 7330.
    15. Maurizio La Rocca & Tiziana La Rocca & Alfio Cariola, 2011. "Capital Structure Decisions During a Firm's Life Cycle," Small Business Economics, Springer, vol. 37(1), pages 107-130, July.
    16. José Ernesto Amorós & Miguel Atienza & Gianni Romaní, 2008. "Formal and Informal Equity Funding in Chile," Estudios de Economia, University of Chile, Department of Economics, vol. 35(2 Year 20), pages 179-194, December.

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