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
Does public sector crowd out entrepreneurship? Evidence from the EU regions
TL;DR: In this article, the authors investigated the relation between diversity and entrepreneurship at regional level and found that there is a negative correlation between public sector share and regional entrepreneurship, and that the increase in the role of the public sector in the regional economic system crowds out regional entrepreneurship.
Book ChapterDOI
Ecosystems Perspective on Entrepreneurship
TL;DR: Ahokangas et al. as discussed by the authors provide an overview and critical discussion on key issues of research on entrepreneurial ecosystems, their characteristics, and definitions, as well as what is required to create, foster, support, and orchestrate entrepreneurial resource base, potential, activity, start-ups/spin-offs, and entire entrepreneurial ecosystems in practice.
Dissertation
Localism, regeneration and renaissance : an exploration of the factors that enable and inhibit place-based partnerships
TL;DR: In this article, the authors propose a conceptual model of place-based partnerships comprising six factors that enable (and inhibit) LEPs to provide the vision and strategic leadership to drive sustainable private sector-led growth and job creation.
Measuring Entrepreneurial Ecosystems: The Regional Entrepreneurship and Development Index (REDI)
TL;DR: In this article, a Regional Entrepreneurship and Development Index (REDI) has been constructed for capturing the contextual features of entrepreneurship across EU regions, and the REDI method builds on the National Systems of entrepreneurship Theory and provides a way to profile regional systems of entrepreneurship.
Book ChapterDOI
Private Equity in Clean Technology: An Exploratory Study of the Finance-Innovation-Policy Nexus
TL;DR: In this article, a comparative case study of private equity and venture capital for clean technologies in the United States and Germany is presented, where the authors find that systemic interdependencies between institutional investors, PE/VC and policy makers influence the conditions for innovation.
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.