2018
DOI: 10.1108/jepp-d-18-00034
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Visions of entrepreneurship policy

Abstract: Purpose The purpose of this paper is to present and compare alternative theoretical frameworks for understanding entrepreneurship policy: targeted interventions to increase venture creation and/or performance. The authors contrast the Standard view of the state as a coherent entity willing and able to rectify market failures with an Individualistic view that treats policymakers as self-interested individuals with limited knowledge. Design/methodology/approach The authors draw on the perspective of “politics … Show more

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Cited by 36 publications
(34 citation statements)
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References 54 publications
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“…Devolving disaster recovery activity to the community is, arguably, another way of saying that government should restrict their own activities or restrain from policy interventions. This is consistent with other studies on entrepreneurship and public policy, such as Lucas et al (2018), and may help remedy public deficits and other political challenges (Kucher, 2012).…”
Section: Implications For Public Policysupporting
confidence: 91%
“…Devolving disaster recovery activity to the community is, arguably, another way of saying that government should restrict their own activities or restrain from policy interventions. This is consistent with other studies on entrepreneurship and public policy, such as Lucas et al (2018), and may help remedy public deficits and other political challenges (Kucher, 2012).…”
Section: Implications For Public Policysupporting
confidence: 91%
“…Policy typically includes the organising and mobilisation or the provision of resources and can be considered an output in the form of providing direct benefits, the provision of services to the public or a particular service provided by government (Lucas et al , 2018). Entrepreneurship policy scholars seem to have reached a general consensus that since “sources of market failure [are] a pervasive phenomenon,” the case for government intervention is valid particularly “in areas such as venture capital markets, knowledge commercialization, R&D and skill-upgrading efforts, and clustering” (Audretsch et al , 2007, p. 9).…”
Section: Literature Reviewmentioning
confidence: 99%
“…As Hölzl (2010, p. 188) summarises, "different conceptions and definitions of entrepreneurship lead to different entrepreneurship policies". In fact, while it is commonly accepted that public policy can influence entrepreneurship (Acs and Szerb, 2007;Verheul et al, 2002;Wennekers and Thurik, 1999), the need of a broad and horizontal orientation (Hölzl, 2010) and there is no one-size-fits-all strategy to stimulate entrepreneurial activity (Minniti, 2008), debates have appeared about almost everything else related to entrepreneurship and policy initiatives at all levels of governance (Lucas et al, 2018;O'Connor, 2013;Stam, 2014).…”
Section: Themes Geographies and Evolutionmentioning
confidence: 99%