Behavioral and Financial Determinants of Innovation Financing: in Moroccan SMEs - Softcover

Hammani, Safae

Softcover

ISBN 10: 6209888895 ISBN 13: 9786209888892

Publisher: GlobeEdit, 2026

Synopsis

Innovation financing represents a critical challenge for small and medium-sized enterprises (SMEs), particularly in developing economies where structural, financial, and behavioral constraints persist. This chapter explores the behavioral and financial determinants influencing access to innovation financing in Moroccan SMEs. Drawing on an extensive review of the literature, the chapter highlights the role of entrepreneurial behavior, managerial cognition, risk perception, and information asymmetry in shaping financing decisions. In addition, it examines structural financial constraints related to banking practices, collateral requirements, and public support mechanisms. By adopting a conceptual and analytical perspective, this chapter contributes to a deeper understanding of the interaction between behavioral factors and financial structures in the context of innovation. The findings provide theoretical insights and practical implications for policymakers, financial institutions, and SME managers seeking to foster innovation-driven growth in Morocco.

Edition details

• Publisher: GlobeEdit
• Publication date: 2026
• Language: English
• ISBN 10: 6209888895
• ISBN 13: 9786209888892
• Binding: Paperback
• Number of pages: 64