This second issue of Entrepreneurship at a Glance, a product of the OECD-Eurostat Entrepreneurship Indicators Programme, presents an original collection of indicators for measuring the state of entrepreneurship, along with explanations of the policy context and interpretation of the data. New to this issue are special chapters addressing measurement issues on women entrepreneurship and entrepreneurial finance, as well as selected indicators on women entrepreneurship.
- 06 June 2012
Regulatory framework: Starting a business
A combination of opportunity, capabilities and resources does not necessarily lead to entrepreneurship if opportunity costs (e.g. forgone salary and loss of health insurance) and start-up costs outweigh the potential benefits. The regulatory framework is a critical factor affecting countries’ entrepreneurial performance. While the regulatory framework, as broadly defined by the EIP, encompasses taxes, regulations and other public rules and institutions affecting entrepreneurship, this section focuses on measures of burden on the creation of new enterprises.