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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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Entrepreneurial profile of the UK in the light of the global entrepreneurship and development index

TL;DR: In this article, the authors provided a novel look into the entrepreneurial profile of the UK in an international context, using the Global Entrepreneurship and Development Index (GEDI) to identify the entrepreneurial strengths and weaknesses of UK economy, as well as to identify potential bottlenecks that hold back the performance of UK relative to other advanced economies.
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Entrepreneurship, economic development, and institutional environment: evidence from OECD countries

TL;DR: In this article, the authors draw a distinction between managerial and entrepreneurial economies, identify groups of countries with similar economic and entrepreneurial activity variables, and determine the economic and institutional drivers of entrepreneurial activities in each group.
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Assessment of framework conditions for the creation and growth of firms in Europe

TL;DR: In this article, the authors provide a better understanding of the framework conditions that are conducive to the emergence and the growth of entrepreneurial activities in Europe, including entrepreneurial culture, access to human capital, support initiatives for knowledge creation and networking, market conditions, availability of sufficient and appropriate finance, prevailing business regulations and the quality of the supporting infrastructure.
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The Continued Search for the Solow Residual: The Role of National Entrepreneurial Ecosystem

TL;DR: In this article, the authors introduce a new concept in addition to the traditional measures of stocks of capital, labor, human capital and knowledge, to understand the Solow Residual: National Entrepreneurial Ecosystem (NEE).
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Entrepreneurial ecosystems, knowledge spillovers, and their embeddedness in the sport field: a bibliometric and content analysis

TL;DR: In this paper, the authors review the emerging research on entrepreneurial ecosystems and knowledge spillovers in general, and in the sport field in particular through bibliometric and content-based approaches.
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.