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National Systems of Entrepreneurship: Measurement issues and policy implications

TLDR
In this paper, the authors introduce the concept of National Systems of Entrepreneurship and provide an approach to characterizing them, which are fundamentally resource allocation systems that are driven by individual-level opportunity pursuit, through the creation of new ventures, with this activity and its outcomes regulated by country-specific institutional characteristics.
Abstract
We introduce a novel concept of National Systems of Entrepreneurship and provide an approach to characterizing them. National Systems of Entrepreneurship are fundamentally resource allocation systems that are driven by individual-level opportunity pursuit, through the creation of new ventures, with this activity and its outcomes regulated by country-specific institutional characteristics. In contrast with the institutional emphasis of the National Systems of Innovation frameworks, where institutions engender and regulate action, National Systems of Entrepreneurship are driven by individuals, with institutions regulating who acts and the outcomes of individual action. Building on these principles, we also introduce a novel index methodology to characterizing National Systems of Entrepreneurship. The distinctive features of the methodology are: (1) systemic approach, which allows interactions between components of National Systems of Entrepreneurship; (2) the Penalty for Bottleneck feature, which identifies bottleneck factors that hold back system performance; (3) contextualization, which recognizes that national entrepreneurship processes are always embedded in a given country’s institutional framework.

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DissertationDOI

The effect of entrepreneurial ecosystems on performance of SMEs in low middle income countries with a particular focus on Pakistan

Sami Ullah
TL;DR: In this paper, the authors used a cluster analysis and canonical discriminant analysis (CDA) to identify the composition of the entrepreneurial ecosystem existing in Pakistan and compared the firm performance of the most corrupt and least corrupt LMICs through the use of propensity score matching (PSM) methods.
Posted Content

The Demography of Enterprises and Employment in the European Union Countries

TL;DR: In this article, a typology of European entrepreneurship countries with respect to variables related to entrepreneurial activity and economic development is established, using a combined use of multidimensional data analyses.

Entrepreneurship Education Questions and Good Practices in Hungary and Central and Eastern European Countries

TL;DR: In this paper, the authors focus on the need for reconstructing entrepreneurship education at higher education institutions, based on the findings of an international research on the economic awareness and entrepreneurial attitudes of university students in Hungary and other CEE countries.
Journal ArticleDOI

Pulling from the front or pushing from behind: how competency prioritisation should differ to optimise firm competitiveness

TL;DR: In this article, the authors compare the disparities in optimal competitiveness configurations across international economies and analyse the competitive efficiency across firms of different performance endowments to identify distinctions and determine whether standardised or customised competitiveness configurations are optimal.
References
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Journal ArticleDOI

The Promise of Entrepreneurship as a Field of Research

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Trending Questions (1)
What are national business systems?

National Systems of Entrepreneurship are resource allocation systems driven by individual opportunity pursuit in creating ventures, regulated by country-specific institutions, distinct from National Systems of Innovation.