Do entry regulations deter entrepreneurship and job creation? evidence from recent reforms in Portugal by Lee Branstetter

Cover of: Do entry regulations deter entrepreneurship and job creation? | Lee Branstetter

Published by National Bureau of Economic Research in Cambridge, MA .

Written in English

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StatementLee G. Branstetter ... [et al.].
SeriesNBER working paper series -- working paper 16473, Working paper series (National Bureau of Economic Research : Online) -- working paper no. 16473.
ContributionsNational Bureau of Economic Research
Classifications
LC ClassificationsHB1
The Physical Object
FormatElectronic resource
ID Numbers
Open LibraryOL24834968M
LC Control Number2011655673

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Lee Branstetter, Francisco Lima, Lowell J. Taylor, Ana Venâncio, Do Entry Regulations Deter Entrepreneurship and Job Creation. Evidence from Recent Reforms in Portugal, The Economic Journal, VolumeIssue1 JunePages –, by:   Do Entry Regulations Deter Entrepreneurship and Job Creation.

Evidence from Recent Reforms in Portugal of Registration and Notarisation (Instituto dos Registos e do Notariado), for data on one‐shop stops. We thank Maria do Céu, Gabriela Isidro and Ana Sommer for research assistance. but mostly among ‘marginal firms’ that would Cited by: Do Entry Regulations Deter Entrepreneurship and Job Creation.

Evidence from Recent Reforms in Portugal Lee G. Branstetter, Francisco Lima, Lowell J. Taylor, Ana Venâncio. NBER Working Paper No. Issued in October NBER Program(s):International Trade and Investment, Productivity, Innovation, and Entrepreneurship. Get this from a library. Do entry regulations deter entrepreneurship and job creation?: evidence from recent reforms in portugal.

[Lee Branstetter; National Bureau of Economic Research.;] -- Recent research has suggested that the reduction of entry regulation can promote firm entry and job creation, but little is known about the quality of firms and jobs created through these reforms.

Lee Branstetter & Francisco Lima & Lowell J. Taylor & Ana Venâncio, "Do Entry Regulations Deter Entrepreneurship and Job Creation. Evidence from Recent Reforms in Portugal," Economic Journal, Royal Economic Society, vol.

(), pagesJune. BibTeX @MISC{Branstetter10doentry, author = {Lee Branstetter and Francisco Lima and Lowell J. Taylor and Ana Venâncio}, title = {Do Entry Regulations Deter Entrepreneurship and Job Creation.

Evidence from Recent Reforms in Portugal,” NBER Working Paper }, year = {}}. Downloadable. Recent research has suggested that the reduction of entry regulation can promote firm entry and job creation, but little is known about the quality of firms and jobs created through these reforms.

To shed light on this question, we employ data from Portugal, a country which implemented one of the most dramatic and thorough policies of entry deregulation in the industrialized world. Do Entry Regulations Deter Entrepreneurship and Job Creation. Evidence from Recent Reforms () by Lee G Branstetter, Francisco Lima, Lowell J Taylor, Ana Venâncio.

Branstetter LG, Lima F, Taylor LJ, Venâncio A () Do entry regulations deter entrepreneurship and job creation. Evidence from recent reforms in Portugal.

Econ J. doi: /ecoj   Entrepreneur and investor John Chisholm writes of regulations’ deterrent effects at key stages of entrepreneurship and job-creation.

Get this from a library. Do Entry Regulations Deter Entrepreneurship and Job Creation. Evidence from Recent Reforms in Portugal. [Lee G Branstetter; Francisco Lima; Lowell J Taylor; Ana Venâncio] -- Recent research has suggested that the reduction of entry regulation can promote firm entry and job creation, but little is known about the quality of firms and jobs created through these reforms.

The social impact of entry deregulation may be limited by the quality of the firms it creates. Suggested Citation: Suggested Citation Branstetter, Lee and Lima, Francisco and Taylor, Lowell J. and Venâncio, Ana, Do Entry Regulations Deter Entrepreneurship and Job Creation.

Many scholars have worried that regulation deters entrepreneurship because it increases the cost of entry, reduces innovation in the regulated industry, and benefits large firms because they can overcome the costs of complying with regulations more easily than smaller firms.

We find that costly regulations hamper the creation of new firms, especially in industries that should naturally have high entry. These regulations also force new entrants to be larger and cause incumbent firms in naturally high-entry industries to grow more slowly.

1. Introduction. Entrepreneurship is a critical part of the process of creative destruction that Joseph Schumpeter () argued is so important for the continued dynamism of the modern economy. That it helps economic growth has been documented in previous work (e.g., Hause and Du Rietz, ; Black and Strahan, ).Yet a number of countries put in place regulations that make it.

The Role of Entrepreneurship in Job Creation and Economic Growth. 11/15/ am ET Updated In the United States, small businesses are often called the backbone of the economy. Policies that encourage the growth of small businesses and the role of entrepreneurship in the market are considered to be healthy for the economy at.

Barriers to entry are the obstacles or hindrances that make it difficult for new companies to enter a given market. These may include technology challenges, government regulations, patents, start-up costs, or education and licensing requirements. Regulatory restrictions and entrepreneurship.

Most empirical analyses confirm the existence of a negative relationship between regulatory restrictions (particularly, entry regulation) and entrepreneurship.

Inparticular, regulations that hinder business operation or creation are found to have a negative and significant relationship. Do Entry Regulations Deter Entrepreneurship and Job Creation. Evidence from Recent Reforms in Portugal NBER Working Papers, National Bureau of Economic Research, Inc View citations (27) See also Journal Article in Economic Journal () The Careers of Top Managers and Firm Openness: Internal Versus External Labour Markets.

For me there is no doubt that entrepreneurship is key to job creation. What we need to facilitate is a culture of entrepreneurship – real, game-changing entrepreneurship.

This is not something that is achieved overnight. The NDP sees 90% of new employment coming from small, medium and micro enterprises (SMMEs) by Do Entry Regulations Deter Entrepreneurship and Job Creation.

Evidence from Recent Reforms in Portugal NBER Working Papers, National Bureau of Economic Research, Inc View citations (23) See also Journal Article in Economic Journal () Journal Articles The Roles of Innovation Agents in New Technology-Based Firms.

In this study, we examine the impact of each U.S. state’s score in technology use on the entrepreneurial activity in that state. We specifically focus on each state’s score on internet startup process, internet tax payment process, and internet licensing process to see how they impact the entrepreneurial activity in each state.

We also examine whether the characteristics of small. Branstetter, L, F Lima, L Taylor, and A Venancio (), “Do Entry Regulations Deter Entrepreneurship and Job Creation. Evidence from Recent Reforms in Portugal”, Economic Journal, vol.pp. entrepreneur's drive for innovation and improvement creates upheaval and change.

Schumpeter viewed entrepreneurship as a force of "creative destruction." The entrepreneur carries out "new combinations," thereby helping render old industries obsolete. Established ways of doing business are destroyed by the creation of new and better ways to do them. Entry of new firms, both in the form of entrepreneurs or corporations, fosters competition and productivity.

Both the entry of firms and productivity have been low in the Spanish economy over the recent years. This paper analyzes the determinants of entry focusing on the role of the design and efficacy of enforcement institutions (the judicial system), a traditionally overlooked aspect.

Do Entry Regulations Deter Entrepreneurship and Job Creation. Evidence from Recent Reforms in Portugal (). Economic Journal VolIssuepg (with Lee Branstetter, Francisco Lima and Lowell J. Taylor) [ pdf]. Discussions About Market Entry Strategies Daniel Spulber's book The Market Makers: How Leading Companies Create and Win Markets helped us understand the importance of this subject.

To quote him: Entry strategies take advantage of the company's ability to create and manage markets. This opens up a wide range of strategic alternatives and allows the company to. Book a Trip; Book Fine Hotels & Resorts® 8 Jobs You Can Get With An Entrepreneurship Degree 8 Jobs You Can Get With An Entrepreneurship Degree.

Mike Michalowicz. Author, Profit First. Summary. If you're not ready to start your own business, fret not. There are other ways to use your entrepreneurship degree.

If entrepreneurs are liquidity constrained and not able to borrow to operate on an efficient scale, economic theory predicts that entrepreneurs with more personal wealth should do better than those with less wealth.

We test this hypothesis using a novel data set covering a. Many regulations directly increase the cost of employing workers and thereby act like a hidden tax on job creation and employment. Among such regulations are minimum wage laws and federal labor laws.

The current state of entrepreneurship is receiving considerable attention as debate simmers around questions of business dynamism in the United States.

According to a. Ligthelm, ). Appropriate trade, labour, investment and tax policies and regulations can give an enabling environment that encourages investment and sustainability of entrepreneurs as the new source of wealth and job creation in the economy (Themba et al, ; Ahwireng-Obeng & Piaray, ; Henning, ).

Government regulations can protect consumers and help businesses thrive at the same time, but they can also reduce efficiency and limit innovation. Do entry regulations deter entrepreneurship and job creation. Evidence from recent reforms in Portugal. L Branstetter, F Lima, LJ Taylor, A Venâncio.

The Economic Journal (),The relevance of commuting zones for regional spending efficiency. A Afonso, A Venâncio. The Obama administration's record-setting pile-on of regulation after regulation surely hurts as well. Obamacare regulations deter many a business from creating job No.

Higher minimum wages. Working a steady job prior to becoming an entrepreneur gives you the skills, experiences, insights and money that you need in order to be successful. Do entry regulations deter entrepreneurship and job creation. Evidence from recent reforms in Portugal.

L Branstetter, F Lima, LJ Taylor, A Venâncio Job polarization, technological change and routinization: Evidence for Portugal. Frontiers of entrepreneurship research 27 (5), 1,   Obamacare regulations deter many a business from hiring a 50th full-time employee.

Higher minimum wages destroy jobs in which entry-level workers can develop skills and good work habits. Mandates for increased benefits and leave-time crowd out job creation. Artificial entry costs deter entrepreneurship at the margin; thus, reform, through the reduction of entry costs, is predicted to affect entrepreneurship and job formation positively.

Evidence shows that entrepreneurship is higher when fixed costs (e.g., entering the marketplace) are lower. Further, the impact of regulation on business entry. In factor-driven economies, R&D transfer, entrepreneurial finance and internal market burdens/entry regulations are highlighted as areas constraining entrepreneurship; in efficiency-driven.

A book scout for American publishers travels to book festivals around the world and works with foreign publishers or agents to find titles that are worth publishing in .The pace of job creation and entrepreneurship have also been constrained by huge distortions in factor markets-land, labour and capital.

Every enterprise needs access to these to produce output.Entrepreneurs in the U.S. have created an economic sector that is worth trillions.

More thansmall businesses are created each year—joining the some million that already exist. The total number of small businesses generated 60 to 80 percent of net new jobs annually over the last decade.

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