New Firm Creation

New Firm Creation

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...

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Bibliographic Details
Main Authors: Klapper, Leora, Love, Inessa
Format: Viewpoint
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
BARRIERS TO ENTRY
BUSINESS CREATION
BUSINESS ENTRY
BUSINESS ENVIRONMENT
BUSINESS INDICATORS
BUSINESS REGISTRATION
BUSINESS REGISTRATIONS
CAPABILITIES
COMMUNICATIONS DEVELOPMENT
CORPORATE TAX
DOMESTIC ECONOMY
ECONOMIC POWER
EXTERNAL FINANCE
FINANCIAL CRISIS
FINANCIAL DEVELOPMENT
FINANCIAL MARKETS
FINANCIAL SYSTEM
GLOBAL FINANCIAL SYSTEM
GOOD GOVERNANCE
GOVERNANCE INDICATORS
INCOME
INCOME GROUP
INCOME GROUPS
INNOVATIONS
JOB CREATION
LOW-INCOME COUNTRIES
MIDDLE-INCOME COUNTRIES
ONE-STOP SHOP
PRIVATE SECTOR
PRIVATE SECTOR DEVELOPMENT
PUBLIC POLICY
RED TAPE
REGULATORY ENVIRONMENT
RESULT
RESULTS
STARTUPS
TAX RATE
TELEPHONE
TRANSMISSION
WORLD DEVELOPMENT INDICATORS
Online Access:http://documents.worldbank.org/curated/en/2010/09/13264663/new-firm-creation
http://hdl.handle.net/10986/11078
Description
Summary: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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