The paper discusses the role of government policies and related support services in the formation of start-up businesses in South Korea. Start-ups can infuse an economy with renewed vigor, but it is questionable how Korea, an economy that has been dependent on a few large conglomerates in the...

As the global economic environment is evolving amid the protracted COVID-19 pandemic, minimizing the pandemic’s impact on the sluggish economy and boosting economic sustainability will require yet another boom of corporate spinoffs in Korea. This was the case in the early 2000s, when many...

This work investigates the variety of development processes of start up firms in a regional setting. The existing literature on entrepreneurship lacks accurate analysis of the processes that lead an idea of business to become an established firm. The present paper moves one step towards filling...

About half of all new business activity in Finland can be categorized as being entrepreneurial. The number of this kind of new businesses has not increased dramatically during the last ten years. However, the characteristics of these businesses have changed. Nowadays, new entrepreneurs have...

Crowdfunding remains a bit of an unknown in business finance. Securities crowdfunding, as a subset of that financing market, is no more familiar. Diverse investors and risks make for a complex regulatory puzzle.Investor protection regulation has begun to develop in a path-dependent manner....

This paper reviews recent academic work on the spatial concentration of entrepreneurship and innovation in the United States. We discuss rationales for the agglomeration of these activities and the economic consequences of clusters. We identify and discuss policies that are being pursued in the...

Promoting Business Incubators (BI) in Universities can go a long way in promoting entrepreneurial opportunities for students, graduates, faculty members and researchers. Also, this may give an opportunity for other private enterprises/ entrepreneurs to set up an enterprise utilising patented...

Cooperation between incubators and clusters can be used as an instrument of institutional support aimed at enhancing SMEs competitiveness and establishment of innovative entrepreneurial ventures. Creating conditions for such cooperation serve as a strategy platform for incubators and clusters...

What factors predict firm creation in rural America? Policymakers asking this question face two obstacles. First, research on firm creation centers on high-tech, urban firms. Second, entrepreneurship research stretches across disciplines, often using econometric methods to identify the effect of...

A nascent body of research suggests that economic freedom is positively associated with entrepreneurial activity. Most of this literature is based on cross-countries analyses, although there is significant regional heterogeneity in entrepreneurial activity and the institutional and policy...