Who Creates Jobs?
There is a consensus that jobs are vital in translating economic growth into lasting poverty reduction and social cohesion. But who creates jobs is an understudied field. This economic premise argues that there is a strong link between initial leve...
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Online Access: | http://documents.worldbank.org/curated/en/2011/11/15479584/creates-jobs http://hdl.handle.net/10986/10072 |
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okr-10986-100722021-04-23T14:02:48Z Who Creates Jobs? Ghani, Ejaz Kerr, William R. O'Connell, Stephen D. CAPACITY BUILDING COST-BENEFIT CREATIVE DESTRUCTION EMPLOYEE EMPLOYMENT EMPLOYMENT GROWTH EMPLOYMENT LEVEL EMPLOYMENT LEVELS EMPLOYMENT RATE EMPLOYMENT SHARE ENTREPRENEURS ENTREPRENEURSHIP ENTRY COSTS FIRM SIZE HIGH LEVELS INFORMAL SECTOR JOB CREATION JOBS LABOR FORCE LABOR LAWS LABOR REGULATIONS MANUFACTURING ESTABLISHMENTS MANUFACTURING INDUSTRIES PAYROLL TAXES PRIVATE PARTNERSHIPS PRODUCT CYCLES REGULATORY BURDENS ROADS SHOPS SMALL FIRMS SMALL MANUFACTURING SUPPLIER SUPPLIERS WORKER WORKERS There is a consensus that jobs are vital in translating economic growth into lasting poverty reduction and social cohesion. But who creates jobs is an understudied field. This economic premise argues that there is a strong link between initial levels of young and small firms and subsequent job growth, as evidenced in India. The economic geography of entrepreneurship in India is still evolving. It is worrying that there are too few entrepreneurs in India for its stage of development. Yet there is no question that entrepreneurship works cities and states that have embraced entrepreneurship have created more jobs. However, the link between entrepreneurship and job growth is not automatic. Cities that have a higher quality of physical infrastructure and a more educated workforce attract many more entrepreneurs. Supportive incumbent industrial structures for input and output markets are strongly linked to higher entrepreneurship rates. There are many policy levers that can be used by policy makers to promote entrepreneurial growth. Instead of being preoccupied with firm chasing attracting large mature firms from other locations policy makers should focus on encouraging entrepreneurship in their communities. 2012-08-13T10:20:19Z 2012-08-13T10:20:19Z 2011-11 http://documents.worldbank.org/curated/en/2011/11/15479584/creates-jobs http://hdl.handle.net/10986/10072 English Economic Premise; No. 70 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research |
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Digital Repository |
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Foreign Institution |
institution |
Digital Repositories |
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World Bank Open Knowledge Repository |
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World Bank |
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English |
topic |
CAPACITY BUILDING COST-BENEFIT CREATIVE DESTRUCTION EMPLOYEE EMPLOYMENT EMPLOYMENT GROWTH EMPLOYMENT LEVEL EMPLOYMENT LEVELS EMPLOYMENT RATE EMPLOYMENT SHARE ENTREPRENEURS ENTREPRENEURSHIP ENTRY COSTS FIRM SIZE HIGH LEVELS INFORMAL SECTOR JOB CREATION JOBS LABOR FORCE LABOR LAWS LABOR REGULATIONS MANUFACTURING ESTABLISHMENTS MANUFACTURING INDUSTRIES PAYROLL TAXES PRIVATE PARTNERSHIPS PRODUCT CYCLES REGULATORY BURDENS ROADS SHOPS SMALL FIRMS SMALL MANUFACTURING SUPPLIER SUPPLIERS WORKER WORKERS |
spellingShingle |
CAPACITY BUILDING COST-BENEFIT CREATIVE DESTRUCTION EMPLOYEE EMPLOYMENT EMPLOYMENT GROWTH EMPLOYMENT LEVEL EMPLOYMENT LEVELS EMPLOYMENT RATE EMPLOYMENT SHARE ENTREPRENEURS ENTREPRENEURSHIP ENTRY COSTS FIRM SIZE HIGH LEVELS INFORMAL SECTOR JOB CREATION JOBS LABOR FORCE LABOR LAWS LABOR REGULATIONS MANUFACTURING ESTABLISHMENTS MANUFACTURING INDUSTRIES PAYROLL TAXES PRIVATE PARTNERSHIPS PRODUCT CYCLES REGULATORY BURDENS ROADS SHOPS SMALL FIRMS SMALL MANUFACTURING SUPPLIER SUPPLIERS WORKER WORKERS Ghani, Ejaz Kerr, William R. O'Connell, Stephen D. Who Creates Jobs? |
relation |
Economic Premise; No. 70 |
description |
There is a consensus that jobs are vital
in translating economic growth into lasting poverty
reduction and social cohesion. But who creates jobs is an
understudied field. This economic premise argues that there
is a strong link between initial levels of young and small
firms and subsequent job growth, as evidenced in India. The
economic geography of entrepreneurship in India is still
evolving. It is worrying that there are too few
entrepreneurs in India for its stage of development. Yet
there is no question that entrepreneurship works cities and
states that have embraced entrepreneurship have created more
jobs. However, the link between entrepreneurship and job
growth is not automatic. Cities that have a higher quality
of physical infrastructure and a more educated workforce
attract many more entrepreneurs. Supportive incumbent
industrial structures for input and output markets are
strongly linked to higher entrepreneurship rates. There are
many policy levers that can be used by policy makers to
promote entrepreneurial growth. Instead of being preoccupied
with firm chasing attracting large mature firms from other
locations policy makers should focus on encouraging
entrepreneurship in their communities. |
format |
Publications & Research :: Brief |
author |
Ghani, Ejaz Kerr, William R. O'Connell, Stephen D. |
author_facet |
Ghani, Ejaz Kerr, William R. O'Connell, Stephen D. |
author_sort |
Ghani, Ejaz |
title |
Who Creates Jobs? |
title_short |
Who Creates Jobs? |
title_full |
Who Creates Jobs? |
title_fullStr |
Who Creates Jobs? |
title_full_unstemmed |
Who Creates Jobs? |
title_sort |
who creates jobs? |
publisher |
World Bank, Washington, DC |
publishDate |
2012 |
url |
http://documents.worldbank.org/curated/en/2011/11/15479584/creates-jobs http://hdl.handle.net/10986/10072 |
_version_ |
1764411721510813696 |