Does innovation and entrepreneurship play a role in growth? Is it possible to design policies that will successfully foster an entrepreneurial spirit? Is finance a constraint to starting a new business? The iiG research programme has considered these questions, investigating business start-up and exit; whether a lump sum cash transfer might lead to a person starting a business; whether people prefer micro-credit to micro-savings products; and exploring issues of trust, reputation, sanctions and wage incentives in potential entrepreneur behaviour.
Anon. Entrepreneurship. CSAE Economics Department, University of Oxford, Oxford, UK (2015) 8 pp. [iiG Policy Lesson 07]