Skip to main content

Public Policies to Promote Entrepreneurship

  • Chapter
Entrepreneurial Economics

Abstract

The aim of this chapter is to consider government policies to encourage entrepreneurial activity. Generally such policies have focused upon aiding new and small businesses, although as discussed in Chapter 8 various policies have tried to increase entrepreneurial behaviour in the government and ‘not-for-profit’ sectors. The first question is why should governments intervene in the market to support new or small firms? The importance of entrepreneurship generally, and of new and small firms in terms of employment in particular, was discussed in Chapter 2. As was seen in earlier chapters some theories suggest that a rise in entrepreneurship will help the economy move towards equilibrium. Alternatively other writers argue that entrepreneurship may result in greater disequilibrium forces (Chapters 3–4).

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 84.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Hardcover Book
USD 109.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References and further reading

  • Birley, S. and P. Westhead (1993) ‘A comparison of new businesses established by “novice” and “habitual” founders in Great Britain’, International Small Business Journal, Vol. 12, pp. 38–60.

    Article  Google Scholar 

  • Blair, J.P. (1996) Local Economic Development, Thousand Oaks, Calif., Sage Publications.

    Google Scholar 

  • CEC (Commission of the European Communities) (1995) The European Employment Strategy: Recent Progress and Prospects for the Future, COM (95) 465 Final, Luxembourg, OOPEC.

    Google Scholar 

  • CEC (1996) Enterprises in Europe, 4th report, Luxembourg, Office for Official Publications of the European Communities.

    Google Scholar 

  • CEC (1998) Fostering Entrepreneurship in Europe: Priorities for the Future, COM (198) 222 Final, Luxembourg, OOPEC.

    Google Scholar 

  • Coase, R.H. (1960) ‘The problem of social cost’, Journal of Law and Economics, Vol. 3, pp. 1–44.

    Article  Google Scholar 

  • Curran, J. (1990) Bolton Twenty Years On, London, Small Business Research Trust.

    Google Scholar 

  • Curran, J. and R. Blackburn (1994) Small Firms and Local Economic Networks: The Death of the Local Economy, London, Chapman Paul.

    Google Scholar 

  • DTI Department of Trade and Industry (1995) Small Firms in Britain1995, London, HMSO.

    Google Scholar 

  • DTI (1998) Our Competitive Future: Building the Knowledge Driven Economy, Cmnd 4176, London, HMSO.

    Google Scholar 

  • Hall, P., M. Breheny, R. McQuaid and D. Hart (1987) Western Sunrise: Britain’s High-Tech Corridor, London, Routledge.

    Google Scholar 

  • Harrison, J., B. Taylor, A. Todd and M. Tampoe (1986) Supergrowth Companies — Entrepreneurs in Action, London, Butterworth Heinemann.

    Google Scholar 

  • Keeble, D., P. Tyler, G. Broom and J. Lewis, (1992) Business Success in the Countryside: The Performance of Rural Enterprise, London, HMSO.

    Google Scholar 

  • McQuaid, R.W. (1996) ‘Social Networks, Entrepreneurship and Regional Development’, in M. Danson (ed.), Small Firm Formation and Regional Economic Development, pp. 118–31, London, Routledge.

    Google Scholar 

  • OECD (1992) Employment Outlook, July 1992.

    Google Scholar 

  • OECD (1996) SMEs and Employment Creation: Overview of Selected Quantitative Studies in OECD Member Countries, OECD Working Paper IV, Paris, OECD.

    Google Scholar 

  • OECD (1997) New Directions for Industrial Policy, Policy Brief No. 3, Paris, OECD.

    Google Scholar 

  • OECD (1998) Fostering Entrepreneurship: A Thematic Review, Paris, OECD.

    Book  Google Scholar 

  • Saxenian, A. (1994) Regional Advantage: Culture and Competition in Silicon Valley and Route, 128, Cambridge, Harvard University Press.

    Google Scholar 

  • Scase, R. and R. Goffee, (1987) The Real World of the Small Business Owner, 2nd edn, London, Croom Helm.

    Google Scholar 

  • Scottish Enterprise (1993) Improving the Business Birthrate — A Strategy for Scotland, Glasgow, Scottish Enterprise.

    Google Scholar 

  • Scottish Enterprise (1996) The Business Birthrate Strategy — Update, Glasgow, Scottish Enterprise.

    Google Scholar 

  • Sengenberger, W., G.W. Loveman and M.J. Piore (1990) The Re-emergence of Small Enterprises: Industrial Restructuring in Industrial Countries, Geneva, International Institute for Labour Studies.

    Google Scholar 

  • Smallbone, D. (1995) ‘Targeting established SMEs: Does Age Matter’, International Small Business Journal, Vol. 13, pp. 47–64.

    Article  Google Scholar 

  • Smallbone, D., D. North and R. Leigh (1995) ‘Characteristics and Strategies of Groups of High Growth SMEs in the UK 1979–1990’, International Journal of Entrepreneurial Behaviour and Research, Vol. 1, pp. 44–62.

    Article  Google Scholar 

  • Storey, D.J. (1990) ‘Entrepreneurship and the New Firm’, in J. Curran, M.J.K. Stanworth and D. Watkins (eds), The Survival of the Small firm: The Economics of Survival and Entrepreneurship, Vol. 1, Aldershot, Gower.

    Google Scholar 

  • Storey, D.J. (1994) Understanding the Small Business Sector, London, Routledge.

    Google Scholar 

  • Storey, D.J., K. Keasey, R. Watson and P. Wynarczyk (1987) The Performance of Small Firms: Profits, Jobs and Failures, London, Croom Helm.

    Google Scholar 

  • UK Treasury (1997) Appraisal and Evaluation in Central Government, London, HMSO.

    Google Scholar 

  • Wilson Committee (1979) The Financing of Small Firms: Interim Report of the Committee to Review the Functioning of Financial Institutions, London, HMSO.

    Google Scholar 

Download references

Authors

Editor information

Jo Campling

Copyright information

© 2000 Keith S. Glancey and Ronald W. McQuaid

About this chapter

Cite this chapter

Glancey, K.S., McQuaid, R.W. (2000). Public Policies to Promote Entrepreneurship. In: Campling, J. (eds) Entrepreneurial Economics. Palgrave Macmillan, London. https://doi.org/10.1057/9780333981245_9

Download citation

Publish with us

Policies and ethics