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
Citations
More filters
Journal ArticleDOI
Public policy’s role and capability in fostering the emergence and evolution of entrepreneurial ecosystems: A case of ecosystem-based policy in Finland:
TL;DR: In this article, the authors explore public policy's role and capability in fostering the emergence and evolution of entrepreneurial ecosystems, while the entrepreneurial ecosystem approach has focused on the ingrege...
Journal ArticleDOI
Characteristics and effectiveness of university spin‐off support programmes
TL;DR: The authors found one that appears to be the most effective model and noted the importance the literature places on university R&D activity and the existence of a favorable environment for the performance of spin‐off programs.
Journal ArticleDOI
Regional innovation systems in emerging economies: evidence of system failures for innovation
TL;DR: In this paper, the authors evaluate the role of science, technology and innovation (STI) policy when some types of system failures appear in emerging economies as a consequence of immature innovation systems characterising these countries.
Dissertation
Implementation challenge of smart specialisation innovation strategies in catch-up regions : the role of institutions, governance and capacity building
TL;DR: In this article, the authors examined public policy implementation in catch-up regions through the analytical lens of Smart Specialisation Strategies (S3), which is a regional innovation strategy, introduced in 2010 as the main European cohesion policy to promote economic convergence.
Journal ArticleDOI
The Role of Research Universities in U.S. College-Town Entrepreneurial Ecosystems
Haifeng Qian,Xin Yao +1 more
TL;DR: In this article, the role of research universities in U.S. college-town entrepreneurial ecosystems was evaluated using regression analysis and in-depth interviews, and the following practices emerged as desirable ways that research universities can effectively participate in an entrepreneurial ecosystem of a college town: (1) Cultivate the talent pipeline (2) Utilize nationwide resources and best practices in entrepreneurship support (3) Serve as brokers/connectors (4) Raise awareness and change mindsets by building an on-campus entrepreneurial ecosystem embedded in the regional entrepreneurial ecosystem (5) Market both university entrepreneurship
References
More filters
Journal ArticleDOI
The theory of planned behavior
TL;DR: Ajzen, 1985, 1987, this article reviewed the theory of planned behavior and some unresolved issues and concluded that the theory is well supported by empirical evidence and that intention to perform behaviors of different kinds can be predicted with high accuracy from attitudes toward the behavior, subjective norms, and perceived behavioral control; and these intentions, together with perceptions of behavioral control, account for considerable variance in actual behavior.
Book
Institutions, Institutional Change and Economic Performance
TL;DR: Douglass C. North as discussed by the authors developed an analytical framework for explaining the ways in which institutions and institutional change affect the performance of economies, both at a given time and over time.
Book
The theory of economic development
TL;DR: Buku ini memberikan infmasi tentang aliran melingkar kehidupan ekonomi sebagaimana dikondisikan oleh keadaan tertentu, fenomena fundamental dari pembangunan EKonomi, kredit, laba wirausaha, bunga atas modal, and siklus bisnis as mentioned in this paper.
Journal ArticleDOI
The Promise of Entrepreneurship as a Field of Research
TL;DR: In this article, the authors draw upon previous research conducted in the different social science disciplines and applied fields of business to create a conceptual framework for the field of entrepreneurship, and predict a set of outcomes not explained or predicted by conceptual frameworks already in existence in other fields.
Book
Theory of Economic Development
TL;DR: The theory of economic development was first published in 1911 by Schumpeter as discussed by the authors, who argued that economics is a natural self-regulating mechanism when undisturbed by "social and other meddlers." In his preface he argues that despite weaknesses, theories are based on logic and provide structure for understanding fact.