The Impact of the Business Environment on the Business Creation Process
New data from the 2008 World Bank Group Entrepreneurship Survey indicates a very strong and statistically significant relationship between entrepreneurship and a better business environment. Data for 100 countries on the number of total and newly r...
| Main Authors: | , , |
|---|---|
| Format: | Policy Research Working Paper |
| Language: | English |
| Published: |
2012
|
| Subjects: | |
| 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=000158349_20090519094645 http://hdl.handle.net/10986/4131 |
| id |
okr-10986-4131 |
|---|---|
| recordtype |
oai_dc |
| spelling |
okr-10986-41312021-04-23T14:02:15Z The Impact of the Business Environment on the Business Creation Process Klapper, Leora Lewin, Anat Delgado, Juan Manuel Quesada ACCOUNT ACCOUNTABILITY AUTHENTICATION AUTOMATION AUTOMATION OF BUSINESS BUSINESS ACTIVITY BUSINESS CREATION BUSINESS CYCLE BUSINESS ENTRY BUSINESS ENVIRONMENT BUSINESS FORMATION BUSINESS FORMS BUSINESS GROWTH BUSINESS REGISTRATION BUSINESS REGISTRATIONS BUSINESS REGULATION BUSINESS REGULATIONS BUSINESS STATISTICS BUSINESSES BUYER CHAMBERS OF COMMERCE CIVIL UNREST COLLECTION OF DATA COMPUTERS CORRUPTION CUSTOMS DATA AVAILABILITY DATA ENTRIES DATA QUALITY DATA STORAGE DIGITAL SIGNATURES E-CUSTOMS E-GOVERNMENT E-MAIL E-PROCUREMENT ECONOMIC DEVELOPMENT ECONOMIC GROWTH ELECTRONIC BUSINESS ELECTRONIC DATA FINANCIAL INSTITUTION FINANCIAL STATEMENTS FINANCIAL SUPPORT FOREIGN DIRECT INVESTMENT GOOD GOVERNANCE GOVERNANCE INDICATORS GOVERNMENT EFFECTIVENESS GOVERNMENT SERVICES GROWTH POTENTIAL GROWTH RATES HUMAN ERROR INCOME INNOVATION INTERFACE INTERNATIONAL LEVEL INVESTMENT CLIMATE LEGAL ENVIRONMENT LEGAL SYSTEMS MANUFACTURING MEASURING GOVERNANCE MIDDLE PERSONS ONLINE FORMS ONLINE TRANSACTIONS PAPER REQUIREMENTS PHYSICAL LOCATION POLITICAL INSTABILITY POLITICAL STABILITY PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT REAL-TIME ACCESS REGISTRIES REGISTRY REGULATORY ENVIRONMENT REGULATORY QUALITY REPORTING RESULT RESULTS REVERSE CAUSALITY RULE OF LAW SOCIAL SECURITY TELEPHONE TIME PERIOD TRANSACTION TRANSPARENCY USERS USES VERIFICATION WEB WEB SITE New data from the 2008 World Bank Group Entrepreneurship Survey indicates a very strong and statistically significant relationship between entrepreneurship and a better business environment. Data for 100 countries on the number of total and newly registered corporations over an eight-year period (2000-2007) were collected directly from registrars of companies around the world. Data were also collected on the functioning and structure of business registries. Empirical evidence suggests that greater ease in starting a business and better governance are associated with increased entrepreneurial activity. After controlling for economic development (gross domestic product per capita), higher entrepreneurial activity is significantly associated with cheaper, more efficient business registration procedures and better governance. Although the degree of progress in the modernization of business registries varies greatly, countries usually have a common goal to evolve from a paper-based business registry to a one-stop, automated, web-enabled registry capable of delivering products and services online via transactions involving authenticated users and documents. Tests show that business registry modernization (often a component of broader private sector reforms) has a positive impact not only on the ease of creating a business, but also on new business registration. Overall, the data show that a quick, efficient, and cost-effective business registration process is critical for fostering formal sector entrepreneurship. 2012-03-19T19:10:30Z 2012-03-19T19:10:30Z 2009-05-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090519094645 http://hdl.handle.net/10986/4131 English Policy Research working paper ; no. WPS 4937 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Publications & Research :: Policy Research Working Paper The World Region The World Region |
| 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 AUTHENTICATION AUTOMATION AUTOMATION OF BUSINESS BUSINESS ACTIVITY BUSINESS CREATION BUSINESS CYCLE BUSINESS ENTRY BUSINESS ENVIRONMENT BUSINESS FORMATION BUSINESS FORMS BUSINESS GROWTH BUSINESS REGISTRATION BUSINESS REGISTRATIONS BUSINESS REGULATION BUSINESS REGULATIONS BUSINESS STATISTICS BUSINESSES BUYER CHAMBERS OF COMMERCE CIVIL UNREST COLLECTION OF DATA COMPUTERS CORRUPTION CUSTOMS DATA AVAILABILITY DATA ENTRIES DATA QUALITY DATA STORAGE DIGITAL SIGNATURES E-CUSTOMS E-GOVERNMENT E-PROCUREMENT ECONOMIC DEVELOPMENT ECONOMIC GROWTH ELECTRONIC BUSINESS ELECTRONIC DATA FINANCIAL INSTITUTION FINANCIAL STATEMENTS FINANCIAL SUPPORT FOREIGN DIRECT INVESTMENT GOOD GOVERNANCE GOVERNANCE INDICATORS GOVERNMENT EFFECTIVENESS GOVERNMENT SERVICES GROWTH POTENTIAL GROWTH RATES HUMAN ERROR INCOME INNOVATION INTERFACE INTERNATIONAL LEVEL INVESTMENT CLIMATE LEGAL ENVIRONMENT LEGAL SYSTEMS MANUFACTURING MEASURING GOVERNANCE MIDDLE PERSONS ONLINE FORMS ONLINE TRANSACTIONS PAPER REQUIREMENTS PHYSICAL LOCATION POLITICAL INSTABILITY POLITICAL STABILITY PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT REAL-TIME ACCESS REGISTRIES REGISTRY REGULATORY ENVIRONMENT REGULATORY QUALITY REPORTING RESULT RESULTS REVERSE CAUSALITY RULE OF LAW SOCIAL SECURITY TELEPHONE TIME PERIOD TRANSACTION TRANSPARENCY USERS USES VERIFICATION WEB WEB SITE |
| spellingShingle |
ACCOUNT ACCOUNTABILITY AUTHENTICATION AUTOMATION AUTOMATION OF BUSINESS BUSINESS ACTIVITY BUSINESS CREATION BUSINESS CYCLE BUSINESS ENTRY BUSINESS ENVIRONMENT BUSINESS FORMATION BUSINESS FORMS BUSINESS GROWTH BUSINESS REGISTRATION BUSINESS REGISTRATIONS BUSINESS REGULATION BUSINESS REGULATIONS BUSINESS STATISTICS BUSINESSES BUYER CHAMBERS OF COMMERCE CIVIL UNREST COLLECTION OF DATA COMPUTERS CORRUPTION CUSTOMS DATA AVAILABILITY DATA ENTRIES DATA QUALITY DATA STORAGE DIGITAL SIGNATURES E-CUSTOMS E-GOVERNMENT E-PROCUREMENT ECONOMIC DEVELOPMENT ECONOMIC GROWTH ELECTRONIC BUSINESS ELECTRONIC DATA FINANCIAL INSTITUTION FINANCIAL STATEMENTS FINANCIAL SUPPORT FOREIGN DIRECT INVESTMENT GOOD GOVERNANCE GOVERNANCE INDICATORS GOVERNMENT EFFECTIVENESS GOVERNMENT SERVICES GROWTH POTENTIAL GROWTH RATES HUMAN ERROR INCOME INNOVATION INTERFACE INTERNATIONAL LEVEL INVESTMENT CLIMATE LEGAL ENVIRONMENT LEGAL SYSTEMS MANUFACTURING MEASURING GOVERNANCE MIDDLE PERSONS ONLINE FORMS ONLINE TRANSACTIONS PAPER REQUIREMENTS PHYSICAL LOCATION POLITICAL INSTABILITY POLITICAL STABILITY PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT REAL-TIME ACCESS REGISTRIES REGISTRY REGULATORY ENVIRONMENT REGULATORY QUALITY REPORTING RESULT RESULTS REVERSE CAUSALITY RULE OF LAW SOCIAL SECURITY TELEPHONE TIME PERIOD TRANSACTION TRANSPARENCY USERS USES VERIFICATION WEB WEB SITE Klapper, Leora Lewin, Anat Delgado, Juan Manuel Quesada The Impact of the Business Environment on the Business Creation Process |
| geographic_facet |
The World Region The World Region |
| relation |
Policy Research working paper ; no. WPS 4937 |
| description |
New data from the 2008 World Bank Group
Entrepreneurship Survey indicates a very strong and
statistically significant relationship between
entrepreneurship and a better business environment. Data for
100 countries on the number of total and newly registered
corporations over an eight-year period (2000-2007) were
collected directly from registrars of companies around the
world. Data were also collected on the functioning and
structure of business registries. Empirical evidence
suggests that greater ease in starting a business and better
governance are associated with increased entrepreneurial
activity. After controlling for economic development (gross
domestic product per capita), higher entrepreneurial
activity is significantly associated with cheaper, more
efficient business registration procedures and better
governance. Although the degree of progress in the
modernization of business registries varies greatly,
countries usually have a common goal to evolve from a
paper-based business registry to a one-stop, automated,
web-enabled registry capable of delivering products and
services online via transactions involving authenticated
users and documents. Tests show that business registry
modernization (often a component of broader private sector
reforms) has a positive impact not only on the ease of
creating a business, but also on new business registration.
Overall, the data show that a quick, efficient, and
cost-effective business registration process is critical for
fostering formal sector entrepreneurship. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Klapper, Leora Lewin, Anat Delgado, Juan Manuel Quesada |
| author_facet |
Klapper, Leora Lewin, Anat Delgado, Juan Manuel Quesada |
| author_sort |
Klapper, Leora |
| title |
The Impact of the Business Environment on the Business Creation Process |
| title_short |
The Impact of the Business Environment on the Business Creation Process |
| title_full |
The Impact of the Business Environment on the Business Creation Process |
| title_fullStr |
The Impact of the Business Environment on the Business Creation Process |
| title_full_unstemmed |
The Impact of the Business Environment on the Business Creation Process |
| title_sort |
impact of the business environment on the business creation process |
| 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=000158349_20090519094645 http://hdl.handle.net/10986/4131 |
| _version_ |
1764390051220815872 |