The Missing Entrepreneurs
Policies for Inclusive Entrepreneurship in Europe

Entrepreneurship development is an important requirement for achieving of smart, sustainable and inclusive growth. It is also a means to respond to new economic challenges, to create jobs and to fight social and financial exclusion. The impact of the global financial and economic crisis calls for giving entrepreneurship and self-employment a stronger role in economic and social development policies.
This book collects and synthesizes information and data on entrepreneurship activities in Europe, focusing on people that are at the greatest risk of social exclusion. These groups include young people, older people, women, ethnic minorities and migrants, people with disabilities and the unemployed.
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Policies to improve institutions
This chapter looks into policies which aim to make institutions more favourable to business start-up and operation by groups that are disadvantaged or under-represented in entrepreneurship. Institutions include regulations that directly affect the costs of conducting business activities, as well as the values, standards and norms that indirectly influence entrepreneurship through defining acceptable roles within a society. These can both constrain and enable entrepreneurship and self-employment by influencing whether they are perceived as desirable and feasible. The chapter illustrates the impact of institutions on entrepreneurship and self-employment by disadvantaged and under-represented groups and offers policy recommendations.
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