Drivers of Entrepreneurship and Post-Entry Performance: Microeconomic Evidence from Advanced and Developing Countries

48 Pages Posted: 20 Apr 2016

See all articles by Marco Vivarelli

Marco Vivarelli

Universita Cattolica del Sacro Cuore, Milano; IZA Institute of Labor Economics

Date Written: October 1, 2012

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.

Keywords: Microfinance, Access to Finance, Environmental Economics & Policies, Small Scale Enterprise, Banks & Banking Reform

Suggested Citation

Vivarelli, Marco, Drivers of Entrepreneurship and Post-Entry Performance: Microeconomic Evidence from Advanced and Developing Countries (October 1, 2012). World Bank Policy Research Working Paper No. 6245. Available at SSRN: https://ssrn.com/abstract=2165683

Marco Vivarelli (Contact Author)

Universita Cattolica del Sacro Cuore, Milano ( email )

Largo Gemelli 1
Milano, 20123
Italy

IZA Institute of Labor Economics

P.O. Box 7240
Bonn, D-53072
Germany

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