Quantity Of Entrepreneurship Research Articles

Regulating entrepreneurship quality and quantity

How does regulation affect entrepreneurship outcomes? We examine the effect of two regulatory policy mechanisms—costs and procedures—on entrepreneurship quality and quantity. Based on the national systems of entrepreneurship perspective, we apply public interest and public choice theories to hypothesize how regulatory costs and regulatory procedures can affect entrepreneurship quality and quantity differently. Using a multi-level approach, we test the direction, size, and shape of these effects with data on 51,330 innovation-oriented entrepreneurs (reflecting quality) and 871,241 entrepreneurs who started new ventures (reflecting quantity) across 76 countries during 2008–2017. We find that regulatory procedures in a country often have an inverted U-shaped relationship with entrepreneurship quality, suggesting that both too few and too many procedures might be detrimental when policymakers target innovation. We find that regulatory costs tend to have negative or inverted U-shaped effects on entrepreneurship quality and quantity. Our findings show that the way regulations are administered—by imposing financial costs or administrative requirements—is a boundary condition for entrepreneurship that affects the overall quantity of entrepreneurship and the innovation-centered quality of entrepreneurship.

The Impact of Human Capital on Entrepreneurship Quality and Quantity at the Aggregate Level

Based on human capital theory and entrepreneurship literature, we propose that a country’s capital profiles including education level, industry experience, entrepreneurial experience, and immigration experience are positively related to its entrepreneurship quality. On the contrary, we hypothesize that these four dimensions are negatively associated with the quantity of entrepreneurship. These hypotheses are empirically examined on a sample of 86 countries obtained from Global Entrepreneurship Monitor (GEM) and 1,858,444 participants in a 10-year period, from 2007 to 2016. We utilize the Generalized Estimating Equations (GEEs) for the main hypothesis testing and the Random Effects Model for robustness analysis. The findings support most of the hypotheses. We then discuss theoretical implications drawn from the study and provide suggestions for policy makers. Our paper emphasizes that the investment in human capital may not simultaneously result in both high entrepreneurship quality and high entrepreneurship quantity at the aggregate level.

The Digital Credit Divide: Marketplace Lending and Entrepreneurship

AbstractWe conjecture that marketplace lending provokes an increase in the quantity of entrepreneurship, particularly in more regionally disadvantaged areas, albeit at lower average quality. Using a fuzzy regression discontinuity design that exploits exogenous variation in borrowers’ access to marketplace loans along U.S. state borders, we estimate a 10% increase in marketplace lending causes a 0.44% increase in business establishments per capita. The effects are more pronounced for less experienced entrepreneurs, for small and less profitable firms, firms more dependent upon external finance, in industries with lower sunk costs of entry, and for low-income regions with inferior access to financial institutions.

Institutions and Entrepreneurship Quality

Entrepreneurship contributes importantly to the economy. However, differences in the quality and quantity of entrepreneurship vary significantly across developing and developed countries. We use a sample of 70 countries over the period of 2005–2015 to examine how formal and informal institutional dimensions (availability of debt and venture capital, regulatory business environment, entrepreneurial cognition and human capital, corruption, government size, government support) affect the quality and quantity of entrepreneurship between developed and developing countries. Our results demonstrate that institutions are important for both the quality and quantity of entrepreneurship. However, not all institutions play a similar role; rather, there is a dynamic relationship between institutions and economic development.

Entrepreneurship, Entrepreneurial Values, and Public Policy in Argentina

This paper uses datasets from six surveys to describe entrepreneurship in Argentina. While the quantity of entrepreneurship in Argentina is high, its quality is low, given the high proportion of informal and necessity entrepreneurs. Income is found to play a greater role in determining probability of becoming an entrepreneur than parental wealth; entrepreneurship is, however, transmitted inter- generationally. Although it is found that Argentina promotes entrepreneurial values more than most Latin American countries, entrepreneurs face several obstacles. Finally, using panel data based on household surveys, the paper estimates the short and long-run effects of an increase in public employment on entrepreneurship, finding the effects to be negative and strong. Overall, the evidence suggests that changes in public policies and other areas are needed for Argentina to become an entrepreneurial economy.

Entrepreneurship and Economic Development in the Philippines

Research Article| June 01 1960 Entrepreneurship and Economic Development in the Philippines Frank H. Golay Frank H. Golay Search for other works by this author on: This Site PubMed Google Scholar Far Eastern Survey (1960) 29 (6): 81–86. https://doi.org/10.2307/3024566 Views Icon Views Article contents Figures & tables Video Audio Supplementary Data Peer Review Share Icon Share Twitter LinkedIn Tools Icon Tools Get Permissions Cite Icon Cite Search Site Citation Frank H. Golay; Entrepreneurship and Economic Development in the Philippines. Far Eastern Survey 1 June 1960; 29 (6): 81–86. doi: https://doi.org/10.2307/3024566 Download citation file: Ris (Zotero) Reference Manager EasyBib Bookends Mendeley Papers EndNote RefWorks BibTex toolbar search Search Dropdown Menu toolbar search search input Search input auto suggest filter your search All ContentAsian Survey Search This content is only available via PDF. Article PDF first page preview Close Modal You do not currently have access to this content.