Can start-up be encouraged by a state enterprise policy?
According to Murphy (1996), regional aid policies designed to encourage new businesses have failed to attract dynamic, new technology, high productivity businesses with export potential. He recognises, though, that the attempt to get people off the dole or a stable job and force them to accept responsibility for their own employment can be seen in governmental Enterprise Allowance Schemes. Gatewood and Hylton (1994) portray Small Business Administration (SBA, established by the USA Congress in 1953) as the independent federal agency charged with aiding, counselling, assisting, and protecting the interests of small businesses. SBA had 110 offices already in 1994 and covered every state supporting diverse activities with its development programs like the Small Business Development Centers, National Innovation Workshops, Manufacturing Technology Centers, etc. Looking into the issue from a reverse angle, Clark and Lee (2006), emphasise on the entrepreneurial freedom and the way it has been
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- Can start-up be encouraged by a state enterprise policy?