Unleashing entrepreneurial potential in transition economies: a comparative analysis of the impact of macro and micro policies
This study investigates the relationship between macroeconomic and microeconomic policies and entrepreneurial dynamics in two economies transitioning from planned economies to free markets, comparing them to a developed economy. Macroeconomic policies, despite not directly targeting entrepreneurshi...
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| Format: | Article |
| Language: | English |
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University of A Coruna
2023-12-01
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| Series: | European Journal of Government and Economics |
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| Online Access: | https://revistas.udc.es/index.php/ejge/article/view/9600 |
| _version_ | 1797404124781740032 |
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| author | Fadil Sahiti |
| author_facet | Fadil Sahiti |
| author_sort | Fadil Sahiti |
| collection | DOAJ |
| description |
This study investigates the relationship between macroeconomic and microeconomic policies and entrepreneurial dynamics in two economies transitioning from planned economies to free markets, comparing them to a developed economy. Macroeconomic policies, despite not directly targeting entrepreneurship, significantly impact entrepreneurial dynamics. Conversely, microeconomic policies specifically aim to promote and enhance entrepreneurial activity. The analysis links policy quality to key entrepreneurial indicators: new firm creation, incumbent firm survival, and overall firm stock. Findings reveal that while transition economies often adopt entrepreneurship policies similar to developed nations, some remain country-specific. These policy variations manifest in distinct entrepreneurial dynamics across the economies.
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| first_indexed | 2024-03-09T02:50:27Z |
| format | Article |
| id | doaj.art-8aaa4cc0e7c744d9926c2261ec9a9b82 |
| institution | Directory Open Access Journal |
| issn | 2254-7088 |
| language | English |
| last_indexed | 2024-03-09T02:50:27Z |
| publishDate | 2023-12-01 |
| publisher | University of A Coruna |
| record_format | Article |
| series | European Journal of Government and Economics |
| spelling | doaj.art-8aaa4cc0e7c744d9926c2261ec9a9b822023-12-05T13:29:34ZengUniversity of A CorunaEuropean Journal of Government and Economics2254-70882023-12-0112210.17979/ejge.2023.12.2.9600Unleashing entrepreneurial potential in transition economies: a comparative analysis of the impact of macro and micro policiesFadil Sahiti0RIT Kosovo (AUK), Rochester Institute of Technology, Pristina, Republic of Kosovo This study investigates the relationship between macroeconomic and microeconomic policies and entrepreneurial dynamics in two economies transitioning from planned economies to free markets, comparing them to a developed economy. Macroeconomic policies, despite not directly targeting entrepreneurship, significantly impact entrepreneurial dynamics. Conversely, microeconomic policies specifically aim to promote and enhance entrepreneurial activity. The analysis links policy quality to key entrepreneurial indicators: new firm creation, incumbent firm survival, and overall firm stock. Findings reveal that while transition economies often adopt entrepreneurship policies similar to developed nations, some remain country-specific. These policy variations manifest in distinct entrepreneurial dynamics across the economies. https://revistas.udc.es/index.php/ejge/article/view/9600entrepreneurship policytransition economiesstart-up |
| spellingShingle | Fadil Sahiti Unleashing entrepreneurial potential in transition economies: a comparative analysis of the impact of macro and micro policies European Journal of Government and Economics entrepreneurship policy transition economies start-up |
| title | Unleashing entrepreneurial potential in transition economies: a comparative analysis of the impact of macro and micro policies |
| title_full | Unleashing entrepreneurial potential in transition economies: a comparative analysis of the impact of macro and micro policies |
| title_fullStr | Unleashing entrepreneurial potential in transition economies: a comparative analysis of the impact of macro and micro policies |
| title_full_unstemmed | Unleashing entrepreneurial potential in transition economies: a comparative analysis of the impact of macro and micro policies |
| title_short | Unleashing entrepreneurial potential in transition economies: a comparative analysis of the impact of macro and micro policies |
| title_sort | unleashing entrepreneurial potential in transition economies a comparative analysis of the impact of macro and micro policies |
| topic | entrepreneurship policy transition economies start-up |
| url | https://revistas.udc.es/index.php/ejge/article/view/9600 |
| work_keys_str_mv | AT fadilsahiti unleashingentrepreneurialpotentialintransitioneconomiesacomparativeanalysisoftheimpactofmacroandmicropolicies |