Language
English

This content is also available in: Español, Português, Français

"A broad literature has found that the misallocation of entrepreneurial talent has strong effects on productivity. To investigate whether the government can improve entrepreneurial activity, we analyze a policy aimed at promoting innovative startups through the provision of funding and technical assistance to potential entrepreneurs in Buenos Aires, Argentina. We conduct a survey and use regression discontinuity methods to identify the effects of the policy. We find significant effects on enterprise creation and survival as well as on employment. Overall, we show that small-scale public policy can help entrepreneurs overcome a wide variety of barriers to firm entry and improve the allocation of their entrepreneurial talent."

READ MORE

"Given the mixed evidence for the impact of various publicly funded initiatives that aim to foster entrepreneurial activity, this paper empirically examines the efficacy of publicly funded business advisory services in relation to entrepreneurial outcomes. Based on a sample of 228 early-stage firms, of which 101 used business advisory services focused on helping companies secure 1st rounds of financing and start generating revenues, we examine the firm-level impact such services can have on sales growth, innovation, finance and alliances. We find services are positively associated with firms' sales growth, patents, finance and alliances. We assess statistical and economic significance, and assess robustness to controls for the non-randomness of the firm's using business advisory service program, as well as endogeneity of advisors' hours spent with firms. Other robustness checks are also included. We find significant robustness of hours spent on sales and finance, but sensitivity of the effect of hours on patents and alliances after controlling for endogeneity."

READ MORE

"This research aims to quantify the importance of a country's entrepreneurship level in terms of its competitiveness rates. Our hypothesis is that those countries entrepreneurship growth rates increase their competitiveness indicators and that this entrepreneurial improvement could be a key factor in reaching the next stage of development. Our results suggest that Latin American countries need to gain entrepreneurial dynamics and economic (and competitiveness) development by transforming their typical self-employment or low value-added new ventures for local markets into strong, innovative networked firms competing globally. Some management and policy implications are also discussed."

READ MORE

"The idea that start-ups and young firms (hereafter entrepreneurial firms) create jobs is very popular among policy-makers and has led to a large number of studies investigating the effect of entrepreneurship on job creation. Recently, however, society and many players in the political arena have begun to care not only about job quantity and quantitative employment levels, but also about the quality of the jobs created. This study provides the first systematic literature review of research on the quantity and quality of jobs created by entrepreneurial firms. The review concludes with policy implications and avenues for future research."

READ MORE

"Enterprises seeking to achieve both impact and financial returns have worked hard for many years to deliver critical goods and services to those living at the bottom of the pyramid (BOP). While these efforts have clearly had tremendous impact helping large numbers of very poor people, it remains unclear how deeply down into the BOP we as a field are reaching.

Are these enterprises consistently reaching people living on $8 a day? How about $4, or $2, or less? Given the lack of good data, we really do not know. And yet we need to. In order to understand how to reach deeply down the pyramid, we need to understand who is successfully doing so. In order to know when we should subsidize for-profit enterprises to get them to reach lower, we need a better understanding of the “natural” limits to their current reach.

This report was developed jointly by Monitor Deloitte, the MacArthur Foundation, the Omidyar Network, and the Rockefeller Foundation to help provide transparency and guidance to advance the broader field of funding for businesses serving the deep BOP."

READ MORE

"Produced by Vital Voices Global Partnership in cooperation with IFC and the MENA Businesswomen’s Network, this report surveyed 431 women business owners across 8 economies in the Middle East and North Africa to understand their needs, the critical obstacles they face in accessing finance, and identify real solutions to increase the economic contributions of women-owned SMEs."

READ MORE

"This document answers questions through a practical self-assessment tool built from the collective knowledge of practitioners who have been engaged in scaling social businesses. It is a simple checklist that enables practitioners to quickly assess their organization's readiness for scale and to clearly identify areas for improvement in four distinct areas: Social Impact, Financial Viability, Internal Capacity, and External Enablers.

The tool also offers a collection of best practices gathered from the experiences of social enterprises who are presently scaling inclusive business solutions in nutrition, water, health, agriculture, and energy. The best practices are illustrated by concrete lessons learned from these organizations along their scaling journeys."

READ MORE

"In March of 2020, the world was hit by COVID-19, and nearly every country and society around the world is practicing social distancing and placing restrictions on travel and face-to-face interaction. One of the countless impacts of these changes is that nearly all face-to-face research has been temporarily suspended, and many of the organizations conducting this research are exploring shifting some or all of their work to phone-based surveys. We want to help make this transition as seamless as possible and have put together this free guide to help. It captures many of the most important lessons we’ve learned in conducting phone-based surveys since 2014. While it is neither complete nor exhaustive, we hope that it serves as a useful resource to those who need it."

READ MORE

"The Guide was developed by CDC and IFC with support from the Government of Canada. It is a practical "how to" step by step guide for fund managers on how to strengthen gender diversity within their own firms and incorporate a gender focus into investment operations. It combines learnings from CDC and IFC's experience with over 160 Fund Managers and draws on best practices with a series of case studies from stakeholders across the industry."

READ MORE

"This report sheds light on the opportunity for inclusive business leaders to leverage partnerships to overcome the challenges they face in seeking sustainability at scale. Findings are based on interviews with both entrepreneurial and corporate-led enterprises engaging with smallholder farmers in Kenya and South Africa."

READ MORE