Natenapang Thongsri, Alex Kung-Hsiung Chang

(National Pingtung University of Science and Technology, Taiwan)

 

 

Abstract: The small and medium enterprises (SMEs) sector in creative business has been acknowledged as a key driver of economic growth in Thailand. Capital investment is a fundamental component to developing business in the creative business, however, SMEs have comparatively limited resources and greater difficulty in accessing to funding sources that means they are often vulnerable to barriers that may hamper their growth prospects. This study focused on creative business in SMEs of Thailand and study aim that is financial impediments of SMEs in creative business face from financial resource using questionnaires in surveyed data and study both demand side 400 SMEs and supply side 31 agencies. The results show many SMEs in creative business face more financing impediments form domestic investment than foreign investment, whether it is high collateral requirement and loan interest rate, the amount of the loan too small, and regulation of agency too. The financial impediments of supply side the finding are in line with those collected from the demand side.

 

 

Key words: creative business; SMEs; financial impediments; financial resource

 

JEL codes: G2, M1