Measures for youth entrepreneurship development in Umbria. Evaluation of the Regional Law No 12/1995 to help new businesses

Journal title RIV Rassegna Italiana di Valutazione
Author/s Caterina Stortini
Publishing Year 2019 Issue 2018/71-72 Language Italian
Pages 20 P. 82-101 File size 483 KB
DOI 10.3280/RIV2018-071005
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.

This paper proposes an evaluation study related to one of the most used instruments in the field of active labour policies: public incentives for the creation and start-up of new youth enterprises. The case study analysed refers to a specific law of the Umbria Region in support of youth entrepreneurship (Regional Law No 12/1995), with the aim of providing an overall picture of the main results achieved, both from an implementation point of view and in terms of effectiveness on its recipients. Through a reporting approach, regional policy is examined from the point of view of the operation of the instruments implemented. In this case, the analysis is aimed at verifying the extent to which potential recipients have recourse to regional funding and what are the main critical issues that emerged during the implementation of the intervention. With the counterfactual evaluation, we try to judge the ability of the policy to influence the survival of the companies financed, identifying the type of companies in which the major effects of the law are displayed.

Keywords: Youth Entrepreneurship; Active Labour Policies; Creation and Start-up of New Youth Enterprises; Effects Analysis; Counterfactual Impact Evaluation.

  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. Bellini O. (2012). Quindici anni di legge regionale sull’imprenditoria giovanile. Semestrale Agenzia Umbria Ricerche, AUR&S 7-8/12: 87-91.
  32. Frau G., Ripalvella M. (2010). Il sostegno all’imprenditoria giovanile. Dentro l’Umbria Due, AURapporti RES 2008-09: 315-349.
  33. Martini A., Mo Costabella L., Sisti M. Romano B. (2006). Valutare gli effetti delle politiche pubbliche. Metodi e applicazioni al caso italiano, FORMEZ Materiali. Roma: Stampa Tipograf srl.
  34. Martini A., Sisti M. (2009). Valutare il successo delle politiche pubbliche. Bologna: Il Mulino.
  35. Mealli F., Pagni R., a cura di (2001). Analisi e valutazione delle politiche per le nuove imprese. Il caso della L.R. Toscana n. 27/93. Milano: FrancoAngeli.
  36. 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.
  37. Santarelli, E. (2006). Introduction, in E. Santarelli (ed.), Entrepreneurship, Growth, and Innovation: The Dynamics of Firms and Industries. Springer: New York, pp. 13-20.
  38. Schumpeter, J. A. (1934). The Theory of Economic Development. Harvard University Press: Cambridge, MA
  39. Storey, D. J. (1991). The birth of new firms-does unemployment matter? A review of the Evidence. Small Business Economics, 3, 167–178
  40. 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
  41. Vivarelli, M. (2004). Are all the potential entrepreneurs so good?. Small Business Economics, 23, 41–49.
  42. Vivarelli, M. (2013). Is entrepreneurship necessarily good? Microeconomic evidence from developed and developing countries. Industrial and Corporate Change, 22(6), 1453-1495.

Caterina Stortini, Misure per lo sviluppo dell’imprenditoria giovanile in Umbria. La valutazione della l.r. 12/95 di aiuto alle nuove imprese in "RIV Rassegna Italiana di Valutazione" 71-72/2018, pp 82-101, DOI: 10.3280/RIV2018-071005