We thank the ewing marion kauffman foundation, the development research group at the world bank, and. Leora klapper senior economist, responsible for chapter 4s attitudes section, marjan ehsassi consultant, francesca lamanna consultant, talajeh livani consultant, silvia muzi consultant, seemeen saadat consultant, federica saliola consultant, and neda semnani consultant. The impact of the financial crisis on new firm creation leora klapper and inessa love this draft. Entrepreneurship, business statistics, economic development, business registries. Leora klapper how digital payments can benefit entrepreneurs. The global entrepreneurship monitor dataset captures earlystage entrepreneurial activity. Pdf the world bank group entrepreneurship survey measures entrepreneurial activity around the world. The world bank group entrepreneurship survey measures. The berkley center for entrepreneurial studies fellowship, 19961998. Financing constraints of smes in developing countries. This paper compares two datasets designed to measure entrepreneurship. We use panel data on the number of new firm registrations in 95 countries to study the impact of the business environment and 2008 financial crisis on new firm creation. Entrepreneurship and firm formation across countries081407. Leora klapper, wim naude, roger stough and terrence lyons for insight on various topics included in this paper.
Using a comprehensive database of european firms, we study how the business environment in a country drives the creation of new firms. Entrepreneurship and firm formation across countries by leora f. The database includes crosscountry, timeseries data on the number of total and newly registered businesses for 84 countries. Sep 30, 2011 leora klapper corresponding author is lead economist in the development research group at the world bank inessa love is senior economist in the development research group at the world bank. Leora klapper corresponding author is lead economist in the development research group at the world bank inessa love is senior economist in the development research group at the world bank. The concept of entrepreneurship was first established in the 1700s, and the meaning has evolved ever since. The aim of the genderglobal entrepreneurship and development index gendergedi is to identify the entrepreneurial north star, the destination on the economic growth horizon fostering high potential female entrepreneurship. Entrepreneurship and firm formation across countries knowledge.
Digital payments can increase firms profits by allowing more efficient and costeffective financial transactions. Understanding ownership and use of formal accounts with franklin allen, asli demirguckunt, and sole martinez peria, journal of. Entrepreneurship, both formal and informal, is a critical source of labor force participation and income. Presentation prepared by leora klapper, senior economist. The role of individual characteristics and regulatory constraints silvia ardagna and annamaria lusardi nber working paper no. Pdf entrepreneurship and firm formation across countries. Using data from the world banks women, business and the law database, we show that in countries where women face legal discrimination in the ability to work, head a household, choose where to live, inherit property or are required by law to obey their. This cited by count includes citations to the following articles in scholar. How digital payments can benefit entrepreneurs iza world of labor. Economic association special session on entrepreneurship, innovation and growth, january 2006 and at the centre for new and emerging markets seminar at london business school. A comparison of the global entrepreneurship monitor and.
Policymakers need to know how new firms get started and what financial and institutional factors promote entrepreneurial activity. This article is published with open access at abstract in this paper, we compare two datasets designed to measure entrepreneurship. Panos world bank, george washington university department of accountancy and university of glasgow adam smith business school downloads 261 124,229. Digital payments can increase firms profits by allowing more efficient. Womens economic empowerment through financial inclusion. Her publications focus on corporate and household finance, banking, entrepreneurship, and risk management. Institutions and entrepreneurship development in russia.
Using data from the world bank s women, business and the law database, we show that in countries where women face legal discrimination in the ability to work, head a household, choose where to live, inherit property or are required by law to obey their. Entrepreneurship open knowledge repository world bank group. Leora klapper, harini parthasarathy and dorothe singer, journal of corporate finance. Tugela ridley innovations for poverty action ipa is a research and policy nonprofit that discovers. Entrepreneurship and firm formation across countries by leora. Research indicates entrepreneurship is the best solution for economic development acs and storey, 2004. The impact of the financial crisis on new firm creation. Entrepreneurship and firm formation across countries leora klapper, raphael amit, mauro f.
The impact of the business environment on the business. The gender global entrepreneurship and development index gedi a 30country analysis of the conditions that foster highpotential female entrepreneurship produced by the global entrepreneurship and development institute with the generous support of the dell womens entrepreneur network full report of findings. Work in progress and presented to an invited session in the second financial literacy and inclusion summit, bogazici university, istanbul, turkey, october 2014. Leora klapper and inessa love of the world bank 7 used world bank data on new incorporations to examine what happened to new business creation in 95 countries during the recent downturn. Acronyms gem global entrepreneurship monitor llcs limited liability companies wbges world bank group entrepreneurship survey. This papers findings, interpretations, and conclusions are entirely those of the author and do. From the perspective of kirzner 1997, the entrepreneur is an individual who is alert to opportunities for trade. Entrepreneurship and firm formation across countries. Entrepreneurship and firm formation across countries leora klapper, raphael amit, and mauro f.
Belayachi, entrepreneurship in the wake of the crisis leora klapper, and douglas randall karim o. Panos world bank, george washington university department of accountancy and university of glasgow adam. Digital payments can also be more secure for employees than manual cash payments. The impact of business environment reforms on new firm registration leora klapper and inessa love june, 2011 abstract. The world bank group entrepreneurship survey measures entrepreneurial. The gender global entrepreneurship and development index gedi. Leora klapper, harini parthasarathy and dorothe singer, journal of corporate finance 45, 2017 the foundations of financial inclusion. Amit, raffi, mauro guillen and leora klapper 2007, entrepreneurship and economic development, department of economics, university of pennsylvania, working paper. The world bank group entrepreneurship survey measures entrepreneurial activity around the world. Like the global findex database, this database was founded by leora klapper in 2004. There is a growing understanding among policy makers, entrepreneurship support organizations and. A comparison of the global entrepreneurship monitor and world bank group datasets zoltan j. Leora klapper is a lead economist in the finance and private sector research team of the development research group at the world bank. New data on business creation and how to promote it.
Understanding ownership and use of formal accounts with franklin allen, asli demirguckunt, and sole martinez peria, journal of financial intermediation 27, 2016 lead article. They found that the rate of formation of new corporations dropped during the great recession in the united states and elsewhere, concluding that nearly all. Delgado, juan manuel quesada 200708 the world bank group entrepreneurship survey continues to extend our knowledge of the importance of entrepreneurship for a dynamic economy. The authors would like to thank our discussant, luc laevan, and participants in the sessions, especially william baumol, leora klapper and daniel shapiro for comments. Invited papers and work in progress annamaria lusardi. More information on the entrepreneurship database, as well as. Wbges 2010 1 presentation prepared by leora klapper, senior economist, world bank.
The research for this article was financed by the ewing marion kauffman foundation and the world bank group. Explaining international differences in entrepreneurship. I would like to thank conference participants and leora klapper for helpful comments and suggestions and edward elhussainy for excellent research assistance. Barriers to entrepreneurship leora klapper world bank luc laeven world bank and cepr raghuram rajan university of chicago, imf and nber november 2004 abstract. Download pdf financial literacy and entrepreneurship, with leora klapper and and georgios panos. Many simply equate it with starting ones own business. Frontiers of entrepreneurship thursdayfriday, january 1819, 2018 the breakers west palm beach, florida this invitationonly conference will convene 100 thoughtleaders from academics, industry and government to debate the most challenging current issues in the field of entrepreneurship and set the agenda for future research and policy. The impact of business environment reforms on new firm. Klapper the world bank development research group finance and private sector team july 2008 wps4667 public disclosure authorized public disclosure authorized public. Guillen and juan manuel quesada jel classification.
Jenny aker, emily breza, leora klapper, natalia rigol, and simone schaner. M,m38 abstract we use a micro dataset that collects information across individuals, countries, and time to investigate. Entrepreneurship is important for the continued dynamism of modern economies and for job creation. The gender global entrepreneurship and development index. This paper uses panel data on the number of new firm registrations in 92 countries to study how the ease of registering a business and the magnitude of. There are a number of important differences when the data are compared.
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