Open AccessPosted Content
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
Institutional, economic, and socio-economic determinants of the entrepreneurial activity of nations
João Leitão,João Capucho +1 more
TL;DR: In this article, the effects of institutional, economic, and socio-economic determinants on total entrepreneurial activity in the contexts of developed and developing countries were analyzed using annual panel data for the 2003-2018 period, with a total sample of 21 countries, analyzed in a two-stage empirical application, including preliminary analysis and a quantile regression model.
Towards understanding entrepreneurship’s role in our common future: essays from the sustainability-entrepreneurship nexus
TL;DR: In this paper, the authors present three related essays that together provide both an evaluation and extension of research at the intersection of the entrepreneurship and sustainable development concepts referred to as the SustainabilityEntrepreneurship Nexus.
Posted Content
Measuring Entrepreneurship: Do Established Metrics Capture High-Impact Schumpeterian Entrepreneurship?
Magnus Henrekson,Tino Sanandaji +1 more
TL;DR: In this article, the authors compile four hand-collected measures of high-impact Schumpeterian entrepreneurship (VC-funded IPOs, self-made billionaire entrepreneurs, unicorn start-ups, and young top global firms founded by individual entrepreneurs) and six measures dominated by small business activity as well as institutional and economic variables for 64 countries.
Book ChapterDOI
Building ICT Entrepreneurship Ecosystems in Resource-Scarce Contexts: Learnings from Kenya’s “Silicon Savannah”
TL;DR: In 2016, numerous African countries are looking toward the continent's ICT vanguard, Kenya, and its gradually maturing "Silicon Savannah, asking themselves, "How did they do it?".
Book ChapterDOI
Institutional Antecedents of Entrepreneurship and Its Consequences on Economic Growth: A Systematic Literature Analysis
TL;DR: This article identified past and current research about the institutional context shaping entrepreneurial activity and its effect on economic growth through synthesizing disparate strands of literature over the period 1992-2016, and provided an analysis of the interaction between institutions, entrepreneurship and economic growth.
References
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