Book Review of “Entrepreneurial Finance for MSMEs: A Managerial Approach for Developing Markets” by Joshua Yindenaba Abor

Abstract

Entrepreneurial finance is a specialized field within finance that focuses on the unique financial aspects of startups, small businesses, and entrepreneurial ventures. It encompasses the financial activities, strategies, and decisions involved in starting, managing, and growing a business. Entrepreneurial finance is essential for driving economic growth and fostering innovation by providing funding and expertise to startups and small businesses, leading to the creation of new ventures, job opportunities, and wealth generation. These ventures introduce innovative products, services, and business models, contributing to increased productivity, competitiveness, and market dynamism. Additionally, entrepreneurial finance encourages risk-taking and experimentation, crucial for sustained economic development, ultimately enhancing overall economic resilience and prosperity.