Entrepreneurship is a critical part of economic development and growth and important for the continued dynamism of the modern economy. The work program includes studies that document entry rates of firms across countries and industries; identify country, firm and owner characteristics related to greater entrepreneurship; and study the effect of entrepreneurship on industry performance.
New Business Formation
Entrepreneurial activity is a pillar of economic growth. For evidence of the economic power of entrepreneurship, we need look no further than the United States, where young firms have been shown to be a more important source of net job creation than incumbent firms. The Entrepreneurship Database is a critical source of data that facilitates the measurement of entrepreneurial activity across countries and over time. The data also allows for a deeper understanding of the relationship between new firm registration, the regulatory environment, and economic growth. This ongoing work produces Entrepreneurship Snapshots on various theme which continue to illustrate the importance of entrepreneurship for the dynamism of the modern economy. This project is joint effort by the Kauffman Foundation, World Bank Development Research Group, and the International Finance Corporation.
Contact: Leora Klapper
This research includes randomized experiments designed to identify the constraints to small-scale microenterprise growth in a number of countries. A number of studies in Sri Lanka have looked at the long-term impacts of access to capital on microenterprise growth, and whether one can identify more entrepreneurial individuals from among the vast pool of the self-employed. Other projects look at the role of business training and whether entrepreneurship is something that can be taught, which involves a number of ongoing impact evaluations that examine the roles of labor assistance, business plans, and other interventions in identifying and growing entrepreneurial businesses.
Private Sector Development (PSD) Policy Innovation Lab (October 29, 2014)
Contact: David McKenzie
Policy Research Working Papers
For more policy research working papers from the World Bank's institutional archives, search here using author’s last name, title or working paper number (“wpsxxxx”).
|WPS6507||Entry regulation and formalization of microenterprises in developing countries||Bruhn, Miriam; McKenzie, David||2013/06|
|WPS6296||Learning from the experiments that never happened : lessons from trying to conduct randomized evaluations of matching grant programs in Africa||Campos, Francisco; Coville, Aidan; Fernandes, Ana M.; Goldstein, Markus; McKenzie, David||2012/12|
|WPS6202||What are we learning from business training and entrepreneurship evaluations around the developing world ?||McKenzie, David; Woodruff, Christopher||2012/09|
|WPS6145||Business training and female enterprise start-up, growth, and dynamics : experimental evidence from Sri Lanka||de Mel, Suresh; McKenzie, David; Woodruff, Christopher||2012/07|
|WPS5971||A tale of two species : revisiting the effect of registration reform on informal business owners in Mexico||Bruhn, Miriam||2012/02|
|WPS5828||Patterns of business creation, survival and growth : evidence from Africa||Klapper, Leora; Richmond, Christine||2011/10|
|WPS5706||When is capital enough to get female enterprises growing ? evidence from a randomized experiment in Ghana||Fafchamps, Marcel; McKenzie, David; McKenzie, David; Quinn, Simon; Woodruff, Christopher||2011/06|
|WPS5642||Stimulating managerial capital in emerging markets : the impact of business and financial literacy for young entrepreneurs||Bruhn, Miriam; Zia, Bilal||2011/04|
|WPS5444||The impact of the financial crisis on new firm registration||Klapper, Leora; Love, Inessa||2010/10|
|WPS5322||The impact of the business environment on young firm financing||Chavis, Larry W.; Klapper, Leora F.; Love, Inessa||2010/05|
|WPS4981||The economic impact of banking the unbanked : evidence from Mexico||Bruhn, Miriam; Love, Inessa||2009/06|
|WPS4935||Entrepreneurship in post-conflict transition : the role of informality and access to finance||Demirguc-Kunt, Asli; Klapper, Leora F.; Panos, Georgios A.||2009/05|
|WPS4934||Innovative firms or innovative owners ? determinants of innovation in micro, small, and medium enterprises||de Mel, Suresh; McKenzie, David; Woodruff, Christopher||2009/05|
|WPS4937||The impact of the business environment on the business creation process||Klapper, Leora; Lewin, Anat; Delgado, Juan Manuel Quesada||2009/05|
|WPS4746||Are women more credit constrained ? experimental evidence on gender and microenterprise returns||de Mel, Suresh; McKenzie, David; Woodruff, Christopher||2008/10|