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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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Citations
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One size does not fit all: revisiting regional entrepreneurship policy for enhanced entrepreneurial ecosystems

TL;DR: The White Rose Research Online Record (WROOR) as discussed by the authors is a record for the use of fulltext items with all rights reserved under the Copyright, Designs and Patents Act 1988.
Journal ArticleDOI

Reglugerðarumhverfi frumkvöðla á Íslandi: Greining á stöðu og tækifærum til úrbóta

TL;DR: In this paper, a comparison of the Icelandic regulatory environment to that of other countries where this environment has been subject to international analysis is presented, and the results indicate that the regulatory environment of Icelandic entrepreneurs is in many respects more beneficial than that of the comparison countries, although there is still room for improvement.
Book ChapterDOI

Is Entrepreneurship a Bio-Social Phenomenon?: The Role of Non-Cognitive Skills and Education

TL;DR: In this article, an exploratory approach supported by a literature review and contacts with the Portuguese educational system was used to understand which skills are critical, the way they are acquired and developed, and the role the educational system plays in their development, concluding that entrepreneurial activity implies cognitive and non-cognitive skills which the system must deliver provided the teachers' training in advance.
Journal ArticleDOI

Covid-19 economic response measures and entrepreneurial activities: a study of micro-enterprises in nigeria

TL;DR: In this paper, the authors examined the relationship between COVID-19 ERM and the Entrepreneurial Activity (EA) of micro business in Nigeria and found empirically that the ERM does not have a significantly positive relationship with the EA of micro-businesses in Nigeria.
Proceedings ArticleDOI

An Assessment of Entrepreneurial Ecosystem: The case of Saudi Arabia

TL;DR: In this article, a quantitative survey based on a literature review has been conducted on fifty Saudi entrepreneurs and decision-makers to assess some aspects of the entrepreneurial ecosystem in the kingdom of Saudi Arabia.
References
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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.