Dynamics of new firm formation: Impacts of economic and technology policy

Y. R. Choi, P. H. Phan

Research output: Contribution to conferencePaperpeer-review

Abstract

This study investigates how entrepreneurial policies that encompass opportunity, individual, and resource aspects of entrepreneurship explain dynamics of new firm formation in a country. We rely on the Schumpeterian, industrial organization economics, and organizational ecology traditions, and performed an exploratory test with a longitudinal U.S. data (1968-1993). The results of this study suggest that technological knowledge capital, economic opportunity structure, labor mobility, and a nation's carrying capacity for entrepreneurial activities are important areas in which government policy can positively influence the intensity of new firm formation.

Original languageEnglish (US)
Pages703-707
Number of pages5
StatePublished - Dec 1 2004
Externally publishedYes
EventProceedings - 2004 IEEE International Engineering Management Conference: Innovation and Entrepreneurship for Sustainable Development, IEMC 2004 - , Singapore
Duration: Oct 18 2004Oct 21 2004

Other

OtherProceedings - 2004 IEEE International Engineering Management Conference: Innovation and Entrepreneurship for Sustainable Development, IEMC 2004
CountrySingapore
Period10/18/0410/21/04

Keywords

  • Entrepreneurship
  • New firm
  • Policy

ASJC Scopus subject areas

  • Engineering(all)
  • Management Science and Operations Research

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