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Published in:
2017 | OriginalPaper | Chapter
5. Enhancing Entrepreneurial Ecosystems: A GEI Approach to Entrepreneurship Policy
Authors : Zoltan Acs, László Szerb, Erkko Autio
Published in: Global Entrepreneurship and Development Index 2016
Publisher: Springer International Publishing
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Abstract
Facilitating entrepreneurship is high on many government policy agendas. Policies that support entrepreneurship have become increasingly sophisticated over time, as governments have moved from facilitating the creation of new firms toward supporting high-growth businesses. Many governments currently talk about support ecosystems that cover the entire life cycle of a new venture, from inception to early survival and growth to international expansion. Many governments have adopted a focus on high-growth firms, having learned that only a small fraction of all new firms end up creating the bulk of new jobs.