Entrepreneurship policy measures aim to support entrepreneurs at three stages: pre-start, start-up, and post-start. The policies are designed to increase motivation, opportunity, and skills with the goal of increasing the number of entrepreneurs and new businesses. The document discusses frameworks for formulating national entrepreneurship strategy and lists interventions like optimizing regulations, enhancing entrepreneurship education, improving access to finance, and promoting networking. Models of entrepreneurship and the entrepreneurship system are also briefly mentioned.
2. ENTREPRENEURSHIP POLICY
Entrepreneurship Policy
measures are aimed at the
pre-start, the start-up and
post-start stages of the
entrepreneurial process.
It is designed and
delivered to address the
areas of motivation,
opportunity and skill, with
the primary objective of
increasing the supply of
entrepreneurs and new
firms.
19. Models of Entrepreneurship
Profits
Barriers to
entry
Concentration
Competence
Education
Role models
Work
experience
Dissatisfaction
Growth
Innovation
Level of capital investment
Regulations
Economies of scale
Degree of
competition
Personal networks
Tacit knowledge
Job training
Exposure to
entrepreneurship education
Level of education
Close role models
Awards
Media
Work position and
situation
Number of
years
Team experience
experience
Unemployment
Need for independence/control
Market potential
Price and cost structure
Future prospects
Tax structure
Level of
Entrepreneurial
Activity
Conceptual Model Approach
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20. Models of Entrepreneurship
Regulatory
bodies
Regional
Local
Tech transfer offices
Parents
School administrators
Nascent
Growth firms
Enterprise centres
Economic development offices
Venture
capitalists
Banks
Angels
Reporters
Broadcasters
Entrepreneurs’ associations
Trade and employer associations
Counsellors,
advisors, mentors
Accountants, lawyers,
consultants
Chambers of Commerce
National
Governments
Universities
and colleges
School
system
Entrepreneurs
Community
organizations
Capital
providers
The media
Business
associations
Service
providers
Level of
entrepreneurship
Researchers
Instructors
Guidance counsellors
Teachers
SMEs
Chambers of Commerce
The Entrepreneurship System
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