Supporting Local, High-Growth Entrepreneurship

Last month I chaired an Economic Development Australia seminar on Supporting Local, High-Growth Entrepreneurship . This seminar examined the opportunities for developing practical local policies and programs to support high-growth entrepreneurship. High-growth entrepreneurs, often known as ‘gazelles’, have been the focus of much public policy interest because of the contribution they make to…

The Heart of Regional Economic Growth

Entrepreneurs are at the heart of economic growth. Yet too often the literature on economic growth ignores this in favour of an analysis of local systems and institutions. Important as these are, the primary focus of policy should be on how entrepreneurs and investors act within complex landscapes. Increasingly, regional economic development focuses on the…

Start-up rates begin to show signs of slowdown in most OECD countries in 2011

The OCED has released new data that indicates start-up rates of new firms fell precipitously in all OECD countries where data is available. In subsequent quarters, start-up rates began picking up, toward pre-crisis levels, but in recent quarters this momentum stalled. With few exceptions, start-up rates are once again beginning to show signs of a…