Drivers of Entrepreneurship and Post-Entry Performance of Newborn Firms in Developing Countries

43 Pages Posted: 20 Apr 2016

See all articles by Francesco Quatraro

Francesco Quatraro

University of Torino - Department of Economics; Université de Nice Sophia Antipolis; BRICK - Collegio Carlo Alberto

Marco Vivarelli

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

Multiple version iconThere are 2 versions of this paper

Date Written: October 1, 2014

Abstract

The aim of this paper is to provide an updated survey of the "state of the art" in entrepreneurial studies with a particular focus on developing countries (DCs). In particular, the concept of "entrepreneurship" is critically discussed, followed by a discussion of the institutional, macroeconomic, and microeconomic conditions that affect the entry of new firms and the post-entry performance of newborn firms. The reviewed literature bears some policy implications for the support of the creation new firms, such as the targeting of policy measures to prospective entrepreneurs who possess high education levels, long previous job experience, and innovative skills. Specifically, for DCs, tailored subsidies and support should be coupled with framework and infrastructural policies that are able to improve the business environment such that new ventures can start and grow.

Keywords: Economic Forecasting, Macroeconomic Management, Technology Innovation, Technology Industry, Governance Diagnostic Capacity Building

Suggested Citation

Quatraro, Francesco and Vivarelli, Marco, Drivers of Entrepreneurship and Post-Entry Performance of Newborn Firms in Developing Countries (October 1, 2014). World Bank Policy Research Working Paper No. 7074. Available at SSRN: https://ssrn.com/abstract=2514116

Francesco Quatraro (Contact Author)

University of Torino - Department of Economics ( email )

Via Po 53
Torino, 10125
Italy

Université de Nice Sophia Antipolis ( email )

250 rue Albert Einstein
Valbonne, Nice 06560
France

BRICK - Collegio Carlo Alberto ( email )

via Real Collegio 30
Moncalieri, Torino 10024
Italy

Marco Vivarelli

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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