Entrepreneurship Development. Is Financial Literacy Matter? A Literature Review

Please use this identifier to cite or link to this item: http://hdl.handle.net/11144/6689

Title:	Entrepreneurship Development. Is Financial Literacy Matter? A Literature Review
Authors:	Khyareh, Mohsen Mohammadi Zivari, Amineh
Keywords:	Entrepreneurship financial literacy small and medium enterprises financial behavior
Issue Date:	Nov-2023
Publisher:	OBSERVARE. Universidade Autónoma de Lisboa
Abstract:	This paper investigates the role of financial literacy in entrepreneurship development. A comprehensive review of 79 articles reveals that financial literacy positively influences entrepreneurs' financial behavior. Proficiency in financial concepts enables better decision-making, essential for activities like cost tracking, revenue management, and investment assessment. The paper also offers recommendations for future research and suggests enhancing entrepreneurs' knowledge and financial literacy through school education as a means to foster entrepreneurship.
Peer Reviewed:	yes
URI:	http://hdl.handle.net/11144/6689
metadata.dc.identifier.doi:	https://doi.org/10.26619/1647-7251.14.2.11
ISSN:	1647-7251
Appears in Collections:	OBSERVARE - JANUS.NET e-journal of International Relations. Vol.14, n.2 (November 2023 - April 2024)