Foundations and Trends (R) in Entrepreneurship
3 total works
Entrepreneurship in Developing Countries surveys the literature on entrepreneurship in developing countries, which covers a wide range of issues from culture and values, institutional barriers such as financial sector development, governance and property rights, to the adequacy of education and technical skills. A broad literature has also developed on foreign direct investment and its positive and negative effects on technology transfer and entrepreneurship.
After the collapse of the Soviet Union, a number of studies examined the development of small and medium sized enterprises in transition economies. As these economies moved from centralized economies to market economies, enterprise and entrepreneurship became important. Other studies examine the effects infrastructural development and the macroeconomy on entrepreneurship.
With such a wide scope of issues, this book offers a framework for synthesizing this growing literature. This study offers that the identification of the externalities which affect entrepreneurship provides a useful framework to examine the literature on entrepreneurship in developing countries. It examines the evolution of development policy - beginning with the colonial period and the immediate post colonial era. In both of these periods there were strong government intervention and a heavy emphasis on government planning for development. An important cornerstone of the post colonial period was the use of import substitution programs.
Second, with the failure of import substitution, many developing countries then switched to export promotion. Third, we set out a framework to explore the literature on entrepreneurship in developing countries based on the existence of network, knowledge and demonstration and failure externalities. Fourth, the authors identify the core policy issues to address these externalities and argue that internalizing these externalities by finding mechanisms to reward and encourage the firms and people which produce them, should increase the level of productive entrepreneurship in developing countries.
This book surveys the literature on entrepreneurship in developing countries, which covers a wide range of issues from culture and values, institutional barriers such as financial sector development, governance and property rights, to the adequacy of education and technical skills.
After the collapse of the Soviet Union, a number of studies examined the development of small and medium sized enterprises in transition economies. As these economies moved from centralized economies to market economies, enterprise and entrepreneurship became important. Other studies examine the effects infrastructural development and the macroeconomy on entrepreneurship.
With such a wide scope of issues, this book offers a framework for synthesizing this growing literature. This study offers that the identification of the externalities which affect entrepreneurship provides a useful framework to examine the literature on entrepreneurship in developing countries. It examines the evolution of development policy - beginning with the colonial period and the immediate post colonial era. In both of these periods there were strong government intervention and a heavy emphasis on government planning for development. An important cornerstone of the post colonial period was the use of import substitution programs.
Second, with the failure of import substitution, many developing countries then switched to export promotion. Third, we set out a framework to explore the literature on entrepreneurship in developing countries based on the existence of network, knowledge and demonstration and failure externalities. Fourth, the authors identify the core policy issues to address these externalities and argue that internalizing these externalities by finding mechanisms to reward and encourage the firms and people which produce them, should increase the level of productive entrepreneurship in developing countries.
This book surveys the literature on entrepreneurship in developing countries, which covers a wide range of issues from culture and values, institutional barriers such as financial sector development, governance and property rights, to the adequacy of education and technical skills.
High impact entrepreneurship studies the actions of individuals who respond to market opportunities by bringing inventions to market that create wealth and growth. Foundations of High Impact Entrepreneurship is the first survey of the theoretical literature on high impact entrepreneurship. It examines the question ""why do people choose to become entrepreneurs"" from the perspective oflabour market theories on occupational choice; the role of entrepreneurship and innovation, paying particular attention to the various modes of available entrepreneurial activity; the financing of entrepreneurial firms: the resources to them and the issues and limitations associated with various financing options.
Foundations of High Impact Entrepreneurship closes with a discussion of the policies that theory suggests will enhance entrepreneurial activity and where researchers should focus their efforts.
Foundations of High Impact Entrepreneurship closes with a discussion of the policies that theory suggests will enhance entrepreneurial activity and where researchers should focus their efforts.
Three major international research projects that track data on global institutions in most countries do not track the firm formation process and do not correlate with measures of the firm formation process. For example, the self employment rate published by the OECD correlates negatively with the Global Competitiveness Index, the Index of Economic Freedom and the Ease of Doing Business. What does this negative relationship mean? Does less economic freedom mean more entrepreneurship? What about the difficulty of starting a business?
The Global Entrepreneurship Index (GEINDEX) addresses this paradox in the economic development literature. Building on previous measures of entrepreneurship, the authors define the basic requirements for construction of an entrepreneurship index. The index should be sufficiently complex to capture the multidimensional feature of entrepreneurship. There should be indicators referring to quality-related differences. The index should incorporate individual level as well as institutional variables.
The Global Entrepreneurship Index contributes to our understanding of economic development by constructing an index (GEINDEX) that examines the essence of the contextual features of entrepreneurship and fills a gap in the measure of development. The authors develop a Global Entrepreneurship Index that offers a measure of the quality and quantity of the business formation process in 65 of the most important countries in the world. The GEINDEX captures the contextual feature of entrepreneurship by focusing on entrepreneurial attitudes, entrepreneurial activity and entrepreneurial aspirations.
The Global Entrepreneurship Index (GEINDEX) addresses this paradox in the economic development literature. Building on previous measures of entrepreneurship, the authors define the basic requirements for construction of an entrepreneurship index. The index should be sufficiently complex to capture the multidimensional feature of entrepreneurship. There should be indicators referring to quality-related differences. The index should incorporate individual level as well as institutional variables.
The Global Entrepreneurship Index contributes to our understanding of economic development by constructing an index (GEINDEX) that examines the essence of the contextual features of entrepreneurship and fills a gap in the measure of development. The authors develop a Global Entrepreneurship Index that offers a measure of the quality and quantity of the business formation process in 65 of the most important countries in the world. The GEINDEX captures the contextual feature of entrepreneurship by focusing on entrepreneurial attitudes, entrepreneurial activity and entrepreneurial aspirations.