Entrepreneurship Snapshots 2010 : Measuring the Impact of the Financial Crisis on New Business Registration

New businesses are likely to have been even more severely affected by the crisis than mature businesses, even in non crisis times, new and young firms tend to be more constrained than older firms which often have established reputations and enjoy e...

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Main Author:	World Bank
Format:	Publication
Language:	English
Published:	World Bank 2012
Subjects:	ACCOUNT ACCOUNTABILITY ACCOUNTANTS ACCOUNTING ACCOUNTS BANKS BARRIERS TO ENTRY BUSINESS CREATION BUSINESS ECONOMICS BUSINESS ENTRY BUSINESS ENVIRONMENT BUSINESS INDICATORS BUSINESS LEADERS BUSINESS ORGANIZATION BUSINESS REGISTRATION BUSINESS REGISTRATIONS BUSINESS SECTOR BUSINESS STATISTICS BUSINESS STRATEGY BUSINESSES CAPABILITIES CAPITAL REQUIREMENT CHAMBERS OF COMMERCE COMMUNICATION TECHNOLOGIES CONSOLIDATION COPYRIGHT CORPORATE TAXES COST SAVINGS DATA ANALYSIS DATA CENTERS DATA RELIABILITY DECENTRALIZATION DEVELOPED COUNTRIES DOMAIN E-MAIL E-SERVICES ECONOMIC ACTIVITY ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMICS ELECTRONIC BUSINESS EMPLOYMENT ENTREPRENEURSHIP ENTRY POINT ENVIRONMENTAL EXPLOITATION FINANCIAL CONSTRAINTS FINANCIAL CRISES FINANCIAL INSTITUTIONS FINANCIAL MARKETS FINANCIAL STABILITY FINANCIAL STATEMENTS FINANCIAL SYSTEMS GOVERNMENT ENTITY GOVERNMENT SERVICES GOVERNMENT-TO-BUSINESS GREENHOUSE GASES GROWTH POTENTIAL ICT INFORMATION SOCIETY INTERNATIONAL TRADE INTEROPERABILITY LAWS LEGAL SYSTEMS LICENSES MACROECONOMIC CONDITIONS MANDATES MARKET ECONOMY MARKET ENTRY MATERIAL METADATA MONETARY POLICIES NATIONAL INCOME NATURAL RESOURCES ONE-STOP SHOP PDF POLICY MAKERS PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT QUALITY ASSURANCE QUERIES RAW DATA REGISTRATION OF BUSINESSES REGISTRIES REGISTRY REGULATORY ENVIRONMENT REGULATORY REQUIREMENTS RELIABILITY REPORTING RESULT RESULTS SEARCH SOCIAL SERVICES STANDARD UNIT OF MEASUREMENT STARTUPS SUBSIDIARY TAXATION TECHNICAL RESOURCES TELEPHONE TRANSMISSION USER
Online Access:	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000356161_20101207021701 http://hdl.handle.net/10986/2537

id	okr-10986-2537
recordtype	oai_dc
spelling	okr-10986-25372021-04-23T14:02:02Z Entrepreneurship Snapshots 2010 : Measuring the Impact of the Financial Crisis on New Business Registration World Bank ACCOUNT ACCOUNTABILITY ACCOUNTANTS ACCOUNTING ACCOUNTS BANKS BARRIERS TO ENTRY BUSINESS CREATION BUSINESS ECONOMICS BUSINESS ENTRY BUSINESS ENVIRONMENT BUSINESS INDICATORS BUSINESS LEADERS BUSINESS ORGANIZATION BUSINESS REGISTRATION BUSINESS REGISTRATIONS BUSINESS SECTOR BUSINESS STATISTICS BUSINESS STRATEGY BUSINESSES CAPABILITIES CAPITAL REQUIREMENT CHAMBERS OF COMMERCE COMMUNICATION TECHNOLOGIES CONSOLIDATION COPYRIGHT CORPORATE TAXES COST SAVINGS DATA ANALYSIS DATA CENTERS DATA RELIABILITY DECENTRALIZATION DEVELOPED COUNTRIES DOMAIN E-MAIL E-SERVICES ECONOMIC ACTIVITY ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMICS ELECTRONIC BUSINESS EMPLOYMENT ENTREPRENEURSHIP ENTRY POINT ENVIRONMENTAL EXPLOITATION FINANCIAL CONSTRAINTS FINANCIAL CRISES FINANCIAL INSTITUTIONS FINANCIAL MARKETS FINANCIAL STABILITY FINANCIAL STATEMENTS FINANCIAL SYSTEMS GOVERNMENT ENTITY GOVERNMENT SERVICES GOVERNMENT-TO-BUSINESS GREENHOUSE GASES GROWTH POTENTIAL ICT INFORMATION SOCIETY INTERNATIONAL TRADE INTEROPERABILITY LAWS LEGAL SYSTEMS LICENSES MACROECONOMIC CONDITIONS MANDATES MARKET ECONOMY MARKET ENTRY MATERIAL METADATA MONETARY POLICIES NATIONAL INCOME NATURAL RESOURCES ONE-STOP SHOP PDF POLICY MAKERS PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT QUALITY ASSURANCE QUERIES RAW DATA REGISTRATION OF BUSINESSES REGISTRIES REGISTRY REGULATORY ENVIRONMENT REGULATORY REQUIREMENTS RELIABILITY REPORTING RESULT RESULTS SEARCH SOCIAL SERVICES STANDARD UNIT OF MEASUREMENT STARTUPS SUBSIDIARY TAXATION TECHNICAL RESOURCES TELEPHONE TRANSMISSION USER New businesses are likely to have been even more severely affected by the crisis than mature businesses, even in non crisis times, new and young firms tend to be more constrained than older firms which often have established reputations and enjoy easier access to finance. Given the sudden scarcity of credit and the uncertain economic outlook, it is reasonable to assume that entrepreneurs wanting to start a new business or register an existing informal business were hit especially hard by the downturn. Until now, however there has been a lack of comprehensive evidence to support this assumption. The impact of the 2008-09 financial crises on new business creation should be of special interest given the importance of entrepreneurs and young firms to the continued dynamism of the modern market economy; it is well established that a robust entry rate of new business can foster competition and economic growth. This report hypothesizes that although economies with more developed financial markets were hit harder by the crisis, they will enjoy stronger and quicker recoveries in new firm creation. 2012-03-19T09:35:58Z 2012-03-19T09:35:58Z 2011 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000356161_20101207021701 978-0-8213-8476-3 http://hdl.handle.net/10986/2537 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank Publications & Research :: Publication Publications & Research :: Publication
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	ACCOUNT ACCOUNTABILITY ACCOUNTANTS ACCOUNTING ACCOUNTS BANKS BARRIERS TO ENTRY BUSINESS CREATION BUSINESS ECONOMICS BUSINESS ENTRY BUSINESS ENVIRONMENT BUSINESS INDICATORS BUSINESS LEADERS BUSINESS ORGANIZATION BUSINESS REGISTRATION BUSINESS REGISTRATIONS BUSINESS SECTOR BUSINESS STATISTICS BUSINESS STRATEGY BUSINESSES CAPABILITIES CAPITAL REQUIREMENT CHAMBERS OF COMMERCE COMMUNICATION TECHNOLOGIES CONSOLIDATION COPYRIGHT CORPORATE TAXES COST SAVINGS DATA ANALYSIS DATA CENTERS DATA RELIABILITY DECENTRALIZATION DEVELOPED COUNTRIES DOMAIN E-MAIL E-SERVICES ECONOMIC ACTIVITY ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMICS ELECTRONIC BUSINESS EMPLOYMENT ENTREPRENEURSHIP ENTRY POINT ENVIRONMENTAL EXPLOITATION FINANCIAL CONSTRAINTS FINANCIAL CRISES FINANCIAL INSTITUTIONS FINANCIAL MARKETS FINANCIAL STABILITY FINANCIAL STATEMENTS FINANCIAL SYSTEMS GOVERNMENT ENTITY GOVERNMENT SERVICES GOVERNMENT-TO-BUSINESS GREENHOUSE GASES GROWTH POTENTIAL ICT INFORMATION SOCIETY INTERNATIONAL TRADE INTEROPERABILITY LAWS LEGAL SYSTEMS LICENSES MACROECONOMIC CONDITIONS MANDATES MARKET ECONOMY MARKET ENTRY MATERIAL METADATA MONETARY POLICIES NATIONAL INCOME NATURAL RESOURCES ONE-STOP SHOP PDF POLICY MAKERS PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT QUALITY ASSURANCE QUERIES RAW DATA REGISTRATION OF BUSINESSES REGISTRIES REGISTRY REGULATORY ENVIRONMENT REGULATORY REQUIREMENTS RELIABILITY REPORTING RESULT RESULTS SEARCH SOCIAL SERVICES STANDARD UNIT OF MEASUREMENT STARTUPS SUBSIDIARY TAXATION TECHNICAL RESOURCES TELEPHONE TRANSMISSION USER
spellingShingle	ACCOUNT ACCOUNTABILITY ACCOUNTANTS ACCOUNTING ACCOUNTS BANKS BARRIERS TO ENTRY BUSINESS CREATION BUSINESS ECONOMICS BUSINESS ENTRY BUSINESS ENVIRONMENT BUSINESS INDICATORS BUSINESS LEADERS BUSINESS ORGANIZATION BUSINESS REGISTRATION BUSINESS REGISTRATIONS BUSINESS SECTOR BUSINESS STATISTICS BUSINESS STRATEGY BUSINESSES CAPABILITIES CAPITAL REQUIREMENT CHAMBERS OF COMMERCE COMMUNICATION TECHNOLOGIES CONSOLIDATION COPYRIGHT CORPORATE TAXES COST SAVINGS DATA ANALYSIS DATA CENTERS DATA RELIABILITY DECENTRALIZATION DEVELOPED COUNTRIES DOMAIN E-MAIL E-SERVICES ECONOMIC ACTIVITY ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMICS ELECTRONIC BUSINESS EMPLOYMENT ENTREPRENEURSHIP ENTRY POINT ENVIRONMENTAL EXPLOITATION FINANCIAL CONSTRAINTS FINANCIAL CRISES FINANCIAL INSTITUTIONS FINANCIAL MARKETS FINANCIAL STABILITY FINANCIAL STATEMENTS FINANCIAL SYSTEMS GOVERNMENT ENTITY GOVERNMENT SERVICES GOVERNMENT-TO-BUSINESS GREENHOUSE GASES GROWTH POTENTIAL ICT INFORMATION SOCIETY INTERNATIONAL TRADE INTEROPERABILITY LAWS LEGAL SYSTEMS LICENSES MACROECONOMIC CONDITIONS MANDATES MARKET ECONOMY MARKET ENTRY MATERIAL METADATA MONETARY POLICIES NATIONAL INCOME NATURAL RESOURCES ONE-STOP SHOP PDF POLICY MAKERS PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT QUALITY ASSURANCE QUERIES RAW DATA REGISTRATION OF BUSINESSES REGISTRIES REGISTRY REGULATORY ENVIRONMENT REGULATORY REQUIREMENTS RELIABILITY REPORTING RESULT RESULTS SEARCH SOCIAL SERVICES STANDARD UNIT OF MEASUREMENT STARTUPS SUBSIDIARY TAXATION TECHNICAL RESOURCES TELEPHONE TRANSMISSION USER World Bank Entrepreneurship Snapshots 2010 : Measuring the Impact of the Financial Crisis on New Business Registration
description	New businesses are likely to have been even more severely affected by the crisis than mature businesses, even in non crisis times, new and young firms tend to be more constrained than older firms which often have established reputations and enjoy easier access to finance. Given the sudden scarcity of credit and the uncertain economic outlook, it is reasonable to assume that entrepreneurs wanting to start a new business or register an existing informal business were hit especially hard by the downturn. Until now, however there has been a lack of comprehensive evidence to support this assumption. The impact of the 2008-09 financial crises on new business creation should be of special interest given the importance of entrepreneurs and young firms to the continued dynamism of the modern market economy; it is well established that a robust entry rate of new business can foster competition and economic growth. This report hypothesizes that although economies with more developed financial markets were hit harder by the crisis, they will enjoy stronger and quicker recoveries in new firm creation.
format	Publications & Research :: Publication
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	Entrepreneurship Snapshots 2010 : Measuring the Impact of the Financial Crisis on New Business Registration
title_short	Entrepreneurship Snapshots 2010 : Measuring the Impact of the Financial Crisis on New Business Registration
title_full	Entrepreneurship Snapshots 2010 : Measuring the Impact of the Financial Crisis on New Business Registration
title_fullStr	Entrepreneurship Snapshots 2010 : Measuring the Impact of the Financial Crisis on New Business Registration
title_full_unstemmed	Entrepreneurship Snapshots 2010 : Measuring the Impact of the Financial Crisis on New Business Registration
title_sort	entrepreneurship snapshots 2010 : measuring the impact of the financial crisis on new business registration
publisher	World Bank
publishDate	2012
url	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000356161_20101207021701 http://hdl.handle.net/10986/2537
_version_	1764385607407108096

Entrepreneurship Snapshots 2010 : Measuring the Impact of the Financial Crisis on New Business Registration

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