Drivers of Entrepreneurship and Post-Entry Performance [electronic resource] : Microeconomic Evidence from Advanced and Developing Countries / Marco Vivarelli

By: Vivarelli, MarcoContributor(s): Vivarelli, MarcoMaterial type: TextTextPublication details: Washington, D.C., The World Bank, 2012Description: 1 online resource (48 p.)Subject(s): Access to Finance | Banks & Banking Reform | Development | Entrepreneurship | Environmental Economics & Policies | Innovation | Macroeconomics and Economic Growth | Microfinance | New firm | Private Sector Development | Small Scale EnterpriseAdditional physical formats: Vivarelli, Marco: Drivers of Entrepreneurship and Post-Entry Performance.Online resources: Click here to access online Abstract: The aim of this study is to provide a microeconomic investigation of the concept of entrepreneurship; in particular, it discusses the following issues: 1) the alternative ways of looking at entrepreneurship, distinguishing "creative destruction" from simple "turbulence"; 2) the different microeconomic determinants of new firm formation, distinguishing "progressive" from "regressive" drivers; 3) the relationship between ex-ante characteristics (of the founder) and post-entry performance (of the new firm); and 4) the possible scope for an economic policy aimed at maximizing the impact of entrepreneurship on economic growth. Where possible and appropriate, the paper devotes particular attention to the specific features characterizing entrepreneurship in developing countries.
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The aim of this study is to provide a microeconomic investigation of the concept of entrepreneurship; in particular, it discusses the following issues: 1) the alternative ways of looking at entrepreneurship, distinguishing "creative destruction" from simple "turbulence"; 2) the different microeconomic determinants of new firm formation, distinguishing "progressive" from "regressive" drivers; 3) the relationship between ex-ante characteristics (of the founder) and post-entry performance (of the new firm); and 4) the possible scope for an economic policy aimed at maximizing the impact of entrepreneurship on economic growth. Where possible and appropriate, the paper devotes particular attention to the specific features characterizing entrepreneurship in developing countries.

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