In many countries entrepreneurship is promoted through tax reductions for small businesses and by various government support schemes. We analyze the effects of such policies to subsidize small businesses in a setting where both the risk-return characteristics of the selected innovation project...

Recent empirical evidence has found that employment services and small-business assistance programmes are often successful at getting the unemployed back to work. One important concern of policy makers is to decide which of these two programmes is more effective and for whom. Using unusually...

The purpose of this paper is to explore the determinants of innovative capabilities in Turkish SMEs, with a particular emphasis on the impact of recent changes in science and technology policy. Two different analyses are conducted in order to evaluate both the decision to innovate and the...

Public policy is currently shifting from SME policy towards entrepreneurship policy, which supports entrepreneurship without directing attention to quantitative goals and specific firms or employment groups. The institutional framework set by public policy affects the prevalence and performance...

Many governments promote small businesses for the dual reasons of fostering 'breakthrough' innovations and employment growth. In this paper we study the effects of tax and subsidy policies on entrepreneurs' choice of riskiness of an innovation project and on their mode of commercializing the...

Economic and social transformation of post apartheid South Africa has been a central goal for the democratic regime but broad empowerment of the majority of black South Africans is yet to take place. Small, Medium and Micro Enterprises (SMMEs) have been recognized as central for economic growth...

Este estudio evalúa el impacto de asistencias técnicas a micro, pequeñas y medianas empresas (MiPyME) cofinanciadas por el Programa de Acceso al Crédito y Competitividad (PACC) en Argentina. El programa tiene como objetivo incrementar la competitividad de las MiPyME mediante aportes no...

The paper aims to deepen understanding of the design and implementation processes of public policies to promote the social and solidarity economy (SSE) in Mexico City (CDMX) during the period 2016-2019, and to propose general guidelines to improve and refine them. The paper is based on a review...