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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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Journal ArticleDOI
How do motivational factors influence entrepreneurs’ perception of business opportunities in different stages of entrepreneurship?
TL;DR: In this paper, the authors analyzed the relationship between optimism about the emergence of future entrepreneurial opportunities and the length of the entrepreneurial experience and identified the external factors that can moderate this relationship.
Assessing regional innovative entrepreneurship ecosystems with the global entrepreneurship and development index : the case of Scotland
Jonathan Levie,Erkko Autio +1 more
TL;DR: In this paper, the authors assess regional innovative entrepreneurship ecosystems with the global entrepreneurship and development index, and assess the performance of these ecosystems with respect to the Global Entrepreneurship and Development Index.
Dissertation
The interaction effect of formal and informal institutions on the development of entrepreneurial activity : a panel data analysis for emerging economies
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Macroeconomic Effects of Entrepreneurship: Evidences from Factor, Efficiency and Innovation Driven Countries
TL;DR: In this article, the authors investigate causal relationships between the conditions of economic efficiency ensuring framework and different macroeconomic effects of entrepreneurship, mediated by the entrepreneurial behavior, in the panel of 97 countries based on factor, efficiency and innovation driven countries during 2008-2017.
Journal ArticleDOI
Patterns of project-based organizing in new venture creation: Projectification of an entrepreneurial ecosystem
TL;DR: In this paper, the authors explore parallels between both streams of research and an increasing projectification of entrepreneurship and explore how institutional settings enforce projectification in the process of new venture creation and discuss implications for start-up ecosystems.
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