From Ideals to Institutions: Institutional Entrepreneurship in Mexican Small Business Finance

Institutional Obstacles to Entrepreneurship

Small business activity does not measure entrepreneurship.

Entrepreneurship policy mainly aims to promote innovative Schumpeterian entrepreneurship. However, the rate of entrepreneurship is commonly proxied using quantity-based metrics, such as small business activity, the self-employment rate, or the number of startups. We argue that those metrics give rise to misleading inferences regarding high-impact Schumpeterian entrepreneurship. To unambiguously...

Entrepreneurship and Institutions Magnus Henrekson Entrepreneurship and Institutions

In this paper entrepreneurs are defined as agents who bring about economic change by combining their own effort with other factors of production in search of economic rents. The institutional setup is argued to determine both the supply and direction of entrepreneurial activity. Four key institutions are explored more closely: property rights protection, savings policies, taxation and the regul...

Small Business Finance Roundtable - 22 May 2012

Explanation of entrepreneurship small business challenges in rural area, The case of study: Bijar, Iran

The migration of young people and the aging of rural communities, for reasons such as poverty and unemployment, will create a lot of need for identifying new approaches to the survival of rural communities. Small business entrepreneurship has an important role in reducing poverty and, ultimately, rural development. However, this kind of entrepreneurship faces many challenges in terms of environ...