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Entrepreneurship

Entrepreneurship is important for the continued dynamism of modern economies and for job creation. Policymakers need to know how new firms get started and what financial and institutional factors promote entrepreneurial activity. A new cross-countr...

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Bibliographic Details
Main Author: Klapper, Leora
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
BUSINESS ENVIRONMENT
BUSINESS OPPORTUNITIES
CONTRACT ENFORCEMENT
CREDIT INFORMATION
ENTREPRENEURSHIP
ENTRY BARRIERS
FINANCE MINISTRIES
FINANCIAL DEVELOPMENT
FINANCIAL STATEMENTS
INFORMAL ECONOMY
INFORMAL SECTOR
LAWS
MEDIUM ENTERPRISE DEPARTMENT
MIDDLE EAST
PRIVATE CREDIT
PRIVATE SECTOR
PRIVATE SECTOR DEVELOPMENT
PUBLIC POLICY
REGULATION OF ENTRY
SMALL AND MEDIUM ENTERPRISE
TRANSITION ECONOMIES
Online Access:http://documents.worldbank.org/curated/en/2006/11/7386486/entrepreneurship
http://hdl.handle.net/10986/11174
Description
Summary:Entrepreneurship is important for the continued dynamism of modern economies and for job creation. Policymakers need to know how new firms get started and what financial and institutional factors promote entrepreneurial activity. A new cross-country, time-series data set shows a strong correlation between entrepreneurship and the quality of the legal and regulatory environment, ease of access to finance, and prevalence of informality. This finding tells policymakers what they can do to promote entrepreneurship.

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