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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.read more
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The creation of high-tech ventures in entrepreneurial ecosystems: exploring the interactions among university knowledge, cooperative banks, and individual attitudes
TL;DR: In this paper, the authors investigate how the local availability of university knowledge interacts with the relative presence of cooperative banks in the local banking industry and with the residents' tendency to behave opportunistically to determine the creation of high-tech ventures in a territory.
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Innovation, Entrepreneurship, and Metropolitan Economic Performance Empirical Test of Recent Theoretical Propositions
TL;DR: The literature suggests that technological advance is the major driver of economic growth, yet how new knowledge translates into superior economic performance is not described by the growth theory as mentioned in this paper, which is not explained by the authors of this paper.
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You can lead a firm to R&D but can you make it innovate? UK evidence from SMEs
TL;DR: In this article, the authors use the National Systems of Entrepreneurship as a conceptual framework in which to question whether SMEs take-up of tax credits has actually led to an increase in product, service, or process innovations.
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Entrepreneurship and country-level innovation: investigating the role of entrepreneurial opportunities
Matthias Mrożewski,Jan Kratzer +1 more
TL;DR: In this paper, the authors investigate the influence of both types of entrepreneurship on country-level innovation, and furthermore, pay particular attention to the interaction between opportunity entrepreneurship and the amount of opportunities available.
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The role of innovative entrepreneurship within Colombian business cycle scenarios : a system dynamics approach.
TL;DR: In this paper, the authors identify the role of innovative entrepreneurship in Colombian business cycle scenarios using system dynamics (SD) modelling and show how this type of entrepreneurship contributes to sustainable economic growth during the simulation period (2003-2032).
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