The following paper investigates how capital structure differs across countries, specifically the difference or lack thereof between leverage and capital structure determinants between developed and developing countries. A cross section of 1198 firms across 8 countries are investigated and I find that there are no significant differences to determinants of capital structure between countries that … Read More»

The research method used in this bachelor thesis will be a literature review of the world’s leading journals in the field of entrepreneurship, small business management and others. As stated earlier the literature will come from the world’s top rated journals, journals that have an impact factor larger than 1. These journals will be gathered … Read More»

This chapter can be seen as an introductory part of this bachelor thesis, since this chapter introduces the topic of this thesis: innovation. Innovation is an important issue for firm’s growth and competitiveness, and the aim of this thesis is to relates innovation to financial crisis and to discuss how to manage innovation strategy during … Read More»

Executive Summary Franchising is a form of cooperation between entrepreneurs that originates from the United States and now is also growing rapidly in the Netherlands. Franchising provides the opportunity for rapid expansion with many advantages: the franchise organization can grow with a minimum equity investment, while the self-employed franchisee directly has a famous name, a … Read More»