Publication: New Firm Creation
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Published
2010-09
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Date
2012-08-13
Author(s)
Love, Inessa
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Abstract
New data from the World Bank Group entrepreneurship snapshots show that new businesses are created at a faster rate in countries with good governance, a strong legal and regulatory environment, low corporate taxes, and less red tape. The data also show that nearly all countries experienced a sharp drop in business entry during the financial crisis. The decline in new firm creation was faster and more severe in countries hit harder by the crisis.
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“Love, Inessa; Klapper, Leora. 2010. New Firm Creation. Viewpoint; No. 324. © World Bank. http://hdl.handle.net/10986/11078 License: CC BY 3.0 IGO.”
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