Entrepreneurship Small Business And Public Policy

Public policy interventions aimed at encouraging, supporting and developing small businesses are important for understanding entrepreneurship and small business management. This textbook is the first to provide teachers and students with a resource that gives an overview of how institutional and policy structures interact with small firm start-ups, continuation and succession/failures. Beginning with a brief introduction to policy processes, the text covers the main policy instruments for entrepreneurial market entry and start-up support, for on-going small business advice and financial support, and succession planning. It particularly focuses on policies that improve the Business Enabling Environment through macroeconomic policy, institutional reform, and deregulation of bureaucratic burdens. Theoretical rigour is complemented by detailed assessments of current policies around the world, including USA, advanced and emerging economies and Policy support from global institutions such as the World Bank and the ILO are included. Written by a pre-eminent scholar of public policy and entrepreneurship, this textbook provides a concise but thorough introduction to the subject for Master's students internationally. Policy recommendations in the author's conclusion also highlight the book's value to policy-makers as they adapt to the globalized, digital world. Review: 'This important book breaks new ground in making the case for the important role that public policy can and does play. The book explains not only why entrepreneurship policy matters but also provides a compelling blueprint for formulating and implementing policies promoting entrepreneurship and small business.' David B. Audretsch, Professor, Indiana University, USA 'The revival of entrepreneurship since the 1990s is perhaps the biggest and most unexpected change in the industrial structure of the last century. Policy makers were ahead of scholars to discover its pervasiveness and its opportunities. Their public policies have been well meant but highly intuitive, largely based upon nurturing irrespective of the cost, and neglecting specific situations. Bob Bennett's book is the first to unravel the why's and how's of public policy covering many periods and countries. It is a definitive must read for those who want to learn from past policies and prepare future ones.' Roy Thurik, Professor, Erasmus University Rotterdam, the Netherlands 'This highly readable book is the definitive guide to why entrepreneurship is important and the ways in which public policy intervention can assist or impede the small business sector. A model of clarity, this book is recommended reading for students - and should be on the desks of every politician and economic policy advisor.' Sara Carter, Professor, University of Strathclyde, UK 'Governments throughout the developed world spend huge sums in seeking to make their country more enterprising. It is therefore timely for Professor Robert Bennett, a long-term observer of such policies, to coolly review their effectiveness and provide twelve well-chosen recommendations for improvement.' David Storey, Professor, School of Business Management and Economics, University of Sussex, UK