Abstract

Studying the urban entrepreneurship environment has guiding significance for the development of urban economy and employment. Based on the PSR (Pressure-State-Response) model framework, this paper constructs an index system for evaluation of urban entrepreneurship environment, and uses the multi-factor weighted method to systematically quantitatively analyze and comprehensively evaluate the state of entrepreneurship policies, service systems, and hardware facilities, and use GM(1, 1) model to predict the development trend of urban entrepreneurship environment in Guangzhou. The study shows that the policy measures to optimize the entrepreneurship environment have effectiveness, time lag and accumulation effect, and the government’s response measures are the core factors for the stable development of the urban entrepreneurship environment. It is expected that the entrepreneurship environment in Guangzhou will continue to improve in the future. Finally, it is pointed out that optimizing the urban entrepreneurship environment should start from innovation, attracting talents, increasing financial support, and highlighting regional industrial characteristics to form an entrepreneurship economy.

Highlights

  • The study shows that the policy measures to optimize the entrepreneurship environment have effectiveness, time lag and accumulation effect, and the government’s response measures are the core factors for the stable development of the urban entrepreneurship environment

  • It is expected that the entrepreneurship environment in Guangzhou will continue to improve in the future

  • It is pointed out that optimizing the urban entrepreneurship environment should start from innovation, attracting talents, increasing financial support, and highlighting regional industrial characteristics to form an entrepreneurship economy

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Summary

Introduction

The entrepreneurship environment refers to the sum of the elements that directly or indirectly affect the entrepreneurship activities of the entrepreneurship entity and their mutual relations. The various types of science and technology industrial parks at all levels make it necessary to create an entrepreneurship environment around the needs of innovative entrepreneurship activities in a limited area (usually within a city). It gives a quantitative evaluation of the pressure, state and response measures faced by the urban entrepreneurship environment, which has reference value for urban economic development and the construction of entrepreneurship environment. (pressure-state-response) model is proposed to construct the urban entrepreneurship environment evaluation index system, and the applicability of the PSR model is analyzed. The conclusions of this paper and the policy recommendations for the development of urban entrepreneurship environment in Guangzhou are given

Literature Review
Overview of the Entrepreneurship Environment in Guangzhou1
PSR Model
Multi-Factor Comprehensive Weighting Method
Evaluation target Criteria
Evaluation of Guangzhou Entrepreneurship Environmental
Prediction of Guangzhou Entrepreneurship Environment
Conclusions
Policy Recommendation

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