Start-up and entrepreneurship

Author:  

Publisher: OECD Publishing

ISSN: 1608-0203

Source: SourceOECD Industry, Services & Trade, Vol.2012, Iss.14, 2012-09, pp. : 156-159

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Abstract

Public support of entrepreneurship is often justified by perceived market failures that affect business creation and by the positive impact of business dynamics on economic growth and job creation. Public policies for entrepreneurship are often motivated by evidence demonstrating the impact of young innovative firms on economic growth and job creation. Policy makers also seek to address perceived market failures for start-ups, including information asymmetries and financing gaps.

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