Interventions to support entrepreneurship: evidence from a local public policy (MIP, Piedmont Region)

Journal title RIV Rassegna Italiana di Valutazione
Author/s Samuele Poy
Publishing Year 2019 Issue 2018/71-72 Language Italian
Pages 26 P. 56-81 File size 524 KB
DOI 10.3280/RIV2018-071004
DOI is like a bar code for intellectual property: to have more infomation click here

Below, you can see the article first page

If you want to buy this article in PDF format, you can do it, following the instructions to buy download credits

Article preview

FrancoAngeli is member of Publishers International Linking Association, Inc (PILA), a not-for-profit association which run the CrossRef service enabling links to and from online scholarly content.

Less than one company out of two, in Italy, 5 years after birth is still active. The low survival rate of companies suggests the existence of a public problem that, at least partially, concern the entrepreneurial culture. This article, after having introduced the main reference literature, presents a selection of stylized facts useful to characterize the attitudes and profile of the new Italian entrepreneurs, or aspirant ones, even in comparison with other countries. Therefore, we consider a public policy implemented in the Piedmont Region ("Mettersi in Proprio" - MIP). Results from a counterfactual approach suggest the effectiveness of the intervention in terms of increasing the survival rate of beneficiary firms.

Keywords: Entrepreneurship; Business Survival; Evaluation; Public Policies.

  1. Abburrà, L. (1994). Nuove imprese e nuovi imprenditori tra teoria e ricerca empirica, in Imprenditori si diventa, IRES Piemonte, Rosenberg & Sellier, Torino.
  2. Ács, Z. J., Audretsch, D. B., Strom, R. J., & Strom, R. (Eds.). (2009). Entrepreneurship, growth, and public policy. Cambridge University Press. Arrighetti, A., e Vivarelli, M. (1999). The role of innovation in the post-entry performance of new small firms: evidence from Italy. Southern Economic Journal, 65, 927–939
  3. ASVAPP (2014). Servizio di monitoraggio e valutazione del servizio di promozione dell’imprenditorialità attraverso la realizzazione di percorsi integrati per la creazione d’impresa, manoscritto.
  4. Autio, E., e Rannikko, H. (2016). Retaining winners: Can policy boost high-growth entrepreneurship?.Research policy, 45(1), 42-55.
  5. Baumol, W. J. (1990). Entrepreneurship: productive, unproductive and destructive. Journal of Political Economy, 98, 893–921.
  6. Cabral, L. (1997). Entry mistakes, centre for economic policy research. Discussion Paper No. 1729. CEPR: London
  7. Caliendo, M. e Künn, S. (2011). Start-up subsidies for the unemployed: Long-term evidence and effect heterogeneity. Journal of Public Economics, 95(3-4), 311-331.
  8. Camerer, C., e Lovallo, D. (1999). Overconfidence and excess entry: an experimental approach. American Economic Review, 89, 306–318
  9. Colombatto, E. (2001). Dall'impresa dei neoclassici all'imprenditore di Kirzner. Economia politica, 18(2), 157-180.
  10. Cooper, A. C., F. J. Gimeno-Gascon, e Woo, C. Y. (1994). Initial human capital and financial capital as predictors of new venture performance. Journal of Business Venturing, 9, 371–396.
  11. Cramer, J. S., Hartog, J., Jonker, N., e Van Praag, C. M. (2002). Low risk aversion encourages the choice for entrepreneurship: an empirical test of a truism. Journal of economic behavior & organization, 48(1), 29-36.
  12. Creedy, J., e Johnson, P. S. (1983). Firm formation in manufacturing industry. Applied Economics, 15, 177–185.
  13. Davidsson, P. (1995). Determinants of entrepreneurial intentions.
  14. De Blasio, G., De Paola, M., Poy, S., Scoppa, V. (2018). Risk aversion and entrepreneurship: new evidence exploiting exposure to massive earthquakes in Italy, IZA DP 12057.
  15. De Meza, D. (2002). Overlending?. Economic Journal, 112, F17–F31
  16. Fairlie, R. W., & Holleran, W. (2012). Entrepreneurship training, risk aversion and other personality traits: Evidence from a random experiment. Journal of Economic Psychology, 33(2), 366-378.
  17. Fotopoulos, G., e Storey, D. J. (2018). Public policies to enhance regional entrepreneurship: another programme failing to deliver?. Small Business Economics, 1-21.
  18. Fraser, S., e Greene, F. J. (2006). The effects of experience on entrepreneurial optimism and uncertainty. Economica, 73(290), 169-192.
  19. Gallo, M. C. e Lupo-Berghini, A. (1985). La nascita di nuove imprese: uno studio empirico. L'industria, 6(4), 597-620.
  20. Iacus, S. M., King, G., e Porro, G. (2012). Causal inference without balance checking: Coarsened exact matching. Political analysis, 20(1), 1-24.
  21. Lederman, D., Olarreaga, M., e Zavala, L. (2016). Export promotion and firm entry into and survival in export markets. Canadian Journal of Development Studies, 37(2), 142-158.
  22. Kaplan, E. L., e Meier, P. (1953). Nonparametric estimation from incomplete observations. Journal of the American Statistical Association, 53, 457–481.
  23. Kirzner, I. (1973). Competition and Entrepreneurship. University of Chicago Press: Chicago.
  24. Matthews, C. H., e Moser, S. B. (1996). A longitudinal investigation of the impact of family background and gender on interest in small firm ownership. Journal of small business management, 34(2), 29.
  25. Meager, N., Bates, P., e Cowling, M. (2003). An evaluation of business start-up support for young people. National Institute economic review, 186(1), 59-72. Michaelides, M. e Benus, J. (2012). Are self-employment training programs effective? Evidence from Project GATE. Labour Economics, 19(5), 695-705.
  26. Oosterbeek, H., Van Praag, M., e Ijsselstein, A. (2010). The impact of entrepreneurship education on entrepreneurship skills and motivation. European economic review, 54(3), 442-454.
  27. Parker, S. C. (2018). The economics of entrepreneurship. Cambridge University Press.
  28. Rigby, J., e Ramlogan, R. (2016). The impact and effectiveness of entrepreneurship policy, in Edler,
  29. J., Cunningham, P., e Gök, A. (Eds.), Handbook of innovation policy impact. Edward Elgar Publishing.
  30. Robinson, P. B., Stimpson, D. V., Huefner, J. C., e Hunt, H. K. (1991). An attitude approach to the prediction of entrepreneurship. Entrepreneurship theory and practice, 15(4), 13-32.
  31. Rotger, G. P., Gørtz, M., e Storey, D. J. (2012). Assessing the effectiveness of guided preparation for new venture creation and performance: Theory and practice. Journal of Business Venturing, 27(4), 506-521.
  32. Santarelli, E. (2006). Introduction, in E. Santarelli (ed.), Entrepreneurship, Growth, and Innovation: The Dynamics of Firms and Industries. Springer: New York, pp. 13-20.
  33. Schumpeter, J. A. (1934). The Theory of Economic Development. Harvard University Press: Cambridge, MA
  34. Storey, D. J. (1991). The birth of new firms-does unemployment matter? A review of the Evidence. Small Business Economics, 3, 167–178
  35. Van Praag, C. M., e Versloot, P. H. (2007). What is the value of entrepreneurship? A review of recent research. Small business economics, 29(4), 351-382
  36. Vivarelli, M. (2004). Are all the potential entrepreneurs so good?. Small Business Economics, 23, 41–49.
  37. Vivarelli, M. (2013). Is entrepreneurship necessarily good? Microeconomic evidence from developed and developing countries. Industrial and Corporate Change, 22(6), 1453-1495.

Samuele Poy, Misure a sostegno dell’imprenditorialità: evidenze da una politica pubblica locale (MIP, Regione Piemonte) in "RIV Rassegna Italiana di Valutazione" 71-72/2018, pp 56-81, DOI: 10.3280/RIV2018-071004