Dynamics of New Firm Formation: Impacts of Economic and Technology Policy
Publication Type
Conference Proceeding Article
Publication Date
10-2004
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.
Discipline
Business Law, Public Responsibility, and Ethics | Corporate Finance | Entrepreneurial and Small Business Operations
Research Areas
Finance
Publication
Proceedings: IEEE 2004 International Engineering Management Conference: Innovation and Entrepreneurship for Sustainable Development, 18-21 October 2004, Singapore
First Page
703
Last Page
707
ISBN
9780780385191
Identifier
10.1109/IEMC.2004.1407470
Publisher
IEEE
City or Country
Singapore
Citation
CHOI, Young Rok and PHAN, Phillip.
Dynamics of New Firm Formation: Impacts of Economic and Technology Policy. (2004). Proceedings: IEEE 2004 International Engineering Management Conference: Innovation and Entrepreneurship for Sustainable Development, 18-21 October 2004, Singapore. 703-707.
Available at: https://ink.library.smu.edu.sg/lkcsb_research/576