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This chapter argues for the unrealised potential value of methodologies derived from a critical realist research philosophy in the field of entrepreneurship studies. Critical realism offers methodological alternatives that, through the generation of new insights into social relations, social structures and key generative mechanisms, can offer significant value for entrepreneurship researchers. Reflecting on their personal experiences researching from a critical realist perspective in entrepreneurship studies, the authors explore how this research philosophy can extend the field of inquiry and promote new perspectives. The chapter explores this in relation to the specific topic of enterprise policy and demystifies some aspects of critical realism by setting out some of its basic principles to demonstrate their potential to develop new insights. Further, this approach can create significant impact, for example, through the development of effective interventions. The chapter concludes by identifying implications for enterprise policy development, implementation and evaluation.

A debate on whether new ventures should be supported with public funding is taking place. Adopting a position on this discussion requires rigorous assessments of implemented programs. However, the few existing efforts have mostly focused on regional cases in developed countries. To fill this gap, this paper aims to measure the effects of a regional acceleration program in a developing country (Medellin, Colombia).

The economic notion of capabilities is used to frame the analysis of firm characteristics and productivity, which are hypothesized to be heterogeneous within the program. To test these relationships, propensity score matching is used in a sample of 60 treatment and 16,994 control firms.

This paper finds that treated firms had higher revenue than propensity score-matched controls on average, confirming a positive impact on growth measures. However, such financial growth is mostly observed in service firms rather than other economic sectors.

Further evaluations, with a longer period and using more outcome variables, are suggested in the context of similar publicly funded programs in developing countries.

These findings tip the balance in favor of the literature suggesting supportive programs for high-growth firms as opposed to everyday entrepreneurship. This is an insight, especially under the context of an emerging economy, which has scarce funding to support entrepreneurship.

The purpose of this paper is to review the results of studies that investigate the most important active labour market policy (ALMP) measures in Germany. A focus is also on programmes devoted to foster entrepreneurship which can make important contributions to a country’s growth and social welfare.

The study relies on quantitative and qualitative assessments and a comparison of results of previous studies on ALMPs.

The available evidence suggests that most ALMP measures increase labour market prospects of the participants. In particular, evaluations of the entrepreneurship promotion activities show high success rates as well as high cost efficiency. The bulk share of participants of entrepreneurship measures is still self-employed after several years and nearly one-third of these businesses had at least one employee. The authors mention problems regarding the evaluation of previous programmes and highlight future challenges of German ALMP.

This is the first study on ALMP that has an extensive and explicit focus on entrepreneurship-promoting programs.

The paper aims to describe the manner in which entrepreneurship policies are embedded in the national contexts and then through analysis offers a deeper understanding of the development of Finnish and Irish entrepreneurship policies. It seeks to focus on three questions: What is the context for entrepreneurship policies in the studied countries?; What kind of governance structure for entrepreneurship policy can be identified and derived from theoretical perspectives?; and What policy instruments and content are associated with governance rationale?

The empirical data involve primary data on national entrepreneurship policy documents illustrating the governance structure for policy development and implementation, as well as policy objectives and targets. Additionally, concrete policy measures were studied within six sub‐areas of entrepreneurship. The analysis is based on a framework with two layers of policy: governance structure, and specific policy measures.

The results show that the countries studied are implementing strikingly similar approaches in entrepreneurship policy‐making: state‐institutional coordination marked by a strong role for the government, complemented by a more recent shift towards a competitive approach. Because political, national and economic context plays a significant role in understanding entrepreneurship policy approaches it is justified to add a third layer, context, to the framework.

Particular measures or good practices cannot be imported from other countries without understanding the theoretical rationale and policy context for the measures.

The study highlights the role of time and path‐dependency in policy‐making; therefore, future research and evaluations on entrepreneurship policies need to be strongly contextualised.

Organizing entrepreneurship policy efforts is not an easy task. There are often several different actors involved, and their efforts towards improving conditions for entrepreneurs may be more or less organized. The purpose of this paper is to investigate the organizational archetypes of local entrepreneurship policy, across a number of factors relating to coordination mechanisms and outsourcing.

The study is based on a survey of 77 Danish municipalities, covering 79 per cent of the total population, and their entrepreneurship policy structures. A two-step cluster analysis has been performed to identify taxonomies of entrepreneurship policy organizations.

The findings reveal four different clusters: arm’s length coordination; arm’s length decoupling; internal centralization; and arm’s length centralization. Moreover the study reveals a link between these archetypes and the effectiveness of the local entrepreneurship policy delivery structure, suggesting that some structures may be more effective than other.

The paper shifts the focus from policy formulation to organization, showing the importance of organizational structure for better performance. Specifically, the paper illustrates how lack of reaction to the environment leads to underperformance. Moreover, the paper draws the attention towards these new taxonomies, which are of value not only to academia but also to the political world.

This study examines whether the national innovative city pilot policy (NICP) influences urban entrepreneurship (UE). To examine the underlying causal mechanism, this study modeled the city-level intellectual capital index and financing capacity (FC) in the relationship between NICP and UE.

An empirical model of NICP, intellectual capital, FC and entrepreneurship is conceptualized based on theoretical analysis. Using a quasi-natural experiment of China’s NICP, with a sample of 280 prefecture-level cities in China from 2003 to 2018, propensity score matching with difference-in-differences (PSM-DID) is used to empirically test the NICP’s impact on UE, mediating effects of intellectual capital and moderation effects of FC.

The results show that the NICP can significantly motivate UE. Intellectual capital plays mediating effects on the relationship between NICP and UE. Moreover, the NICP and intellectual capital’s effects on UE are moderated by FC.

This study provides an important reference for promoting UE through intellectual capital and FC in the construction of the NICP.

This is a pioneering study that develops a theoretical model to incorporate NICP, intellectual capital, FC and UE. This paper applies experimental governance theory in innovative urban scenarios, and verifies its applicability and particularity in the Chinese context.

The purpose of this paper is to provide guidance to African governments by delineating a framework that would help them to formulate policies that have the potential to engender opportunity entrepreneurship. This framework is used to critique existing entrepreneurship policy in Nigeria. Entrepreneurship policy should stimulate economic growth as a necessary condition for employment generation and poverty alleviation.

The paper adopts evaluative methodology. Data and information used in this paper were obtained from several secondary sources. These included literature review related to the subject area addressed; the Central Bank of Nigeria, which has designed and funded various initiatives to enable SMEs access funding for their businesses; the Nigerian National Bureau of Statistics which has conducted surveys of SMEs in the country; and the Small and Medium Enterprise Development Agency of Nigeria, which was established to help promote and develop the SME sub-sector.

The critical findings of the paper are that opportunity entrepreneurship has a better prospect of promoting growth, creating jobs and alleviating poverty than a generic MSME policy being current currently promoted. Targeted entrepreneurship policy to incentivize opportunity-oriented entrepreneurs would produce greater benefit to the economy and society. Such entrepreneurship policy should aim at motivating and facilitating the transitions of necessity entrepreneurs to opportunity entrepreneurship and microenterprises to small and medium enterprises. More importantly, entrepreneurship policy should be targeted at drastically shrinking the informal sector to the barest minimum, while helping to aggressively expand the formal sector, spur innovations, foster growth, expand opportunities and create jobs.

The implication of this paper is the desperate need to refocus public policy on a high-impact entrepreneurship. This calls for a rethinking of existing policy and programs to address their inherent shortcomings.

Existing micro, small and medium enterprise (MSME) policy has not achieved the twin goals of job creation and poverty alleviation. This paper contributes to the existing body of work by providing a framework for informed decision-making relative to entrepreneurship policy that has the potential to achieve macroeconomic goals of job creation and poverty alleviation. The framework directs the attention of policymakers to opportunity entrepreneurship as a necessary focus of public policy.

Entrepreneurship development in Nigeria requires the adoption and assimilation of enterprise development models from nations with replicable success stories. Technology incubation centre (TIC) is one of the potent mechanisms that launched the “BRIC nations” – Brazil, Russia, India and China – to global prominence as the five biggest emerging economies. This paper attempts to unveil the potentials of TICs as novel tools for entrepreneurship development and actualisation of the Vision 20:2020 in Nigeria.

The authors adopt analytical and discursive approaches using qualitative and quantitative data sourced from Industrial policy documents, Goldman Sachs report, online databases of government agencies, Vision 20:2020 policy document and published articles on the subject matter. The generated data were subjected to content and thematic analyses, on the basis of which relevant conclusions were drawn.

The findings from the research indicate that there are 37 TICs in Nigeria with very weak socio-economic impact on job creation, wealth creation and industrial development in Nigeria. However, for the BRIC nations, adopted as comparative models, TICs have impacted positively on job creation, wealth creation and economic development of the five nations.

The paper is essentially discursive and subjective. Further research on this subject matter should explore empirical analysis for an objective assessment of the situation.

This paper underscores the need for harmonisation of policy objectives with policy implementation. At present, there are gaps between TIC policy objectives and woeful performance of the 37 TICs in Nigeria.

For Nigeria, to enhance job creation, wealth creation and economic development in the society, there is the need for functional TICs at local, institutional, regional, state and national levels.

The paper unveils the gap between economic theory and practical model implementation in developing economy (Nigeria). It is a major contribution to the functionalist and structuralist debates on why policies fail.

The purpose of this study is to draw on feminist ethics of care theory to examine motives for accessing a women‐focused, small business programme (Centre). Perceived differences between women‐focused and other small business advisory agencies are discussed.

An online survey captured verbatim responses from 212 respondents. Qualitative data were subjected to content analysis using NVivo8.

Most respondents were growth‐oriented, well educated and employed prior to start‐up. Clients employed the Centre for three reasons, including acquisition of managerial, social capital and gender‐related motives. The Centre was perceived as being “different” to other agencies such that staff implicitly understood their needs as businesswomen, services were targeted specifically to women and clients felt empowered and comfortable seeking business advice in an inviting, low risk learning environment. Findings contradict studies and argument that targeted (gender‐based) programming offers few advantages.

Future research might investigate how “gendered” client motives and learning needs are reflected in mainstream and gender‐based entrepreneurship policy and programme design. The geographic scope is limited to Nova Scotia (eastern Canada).

The study helps to explain observations that women‐focused small business training centres are modifying mandates from a focus on start‐up to growth, modifications that reflected client aspirations.

The study provides insights about the genderedness (Calás and Smircich) of small business programming and helps to define feminine ethics of care within the small firm training context.

Even in established economies, empirical studies on the relationship between business incubation and firm performance do not show unequivocally positive results. The purpose of this paper is to contribute to this debate based on the empirical evidence from the under-researched Central and Eastern European region in which no similar study has been conducted before. Due to the shorter experience with the management of business incubators and less developed institutions, business incubators may not be so effective in supporting their tenants in this region.

The authors utilise firm-level data from incubated Czech enterprises (n=205) founded after 2003 and compare them with those that have not received support from incubators. The authors implement three matching techniques to pair incubated and non-incubated companies. The outcome variables measured sales, price-cost margin, assets turnover, value added, size of total assets and size of personnel costs.

Compared to the control group, incubated firms reported on average lower values of the above-mentioned indicators. Presented study shows that Czech incubators have not been successful in supporting growth of incubated firms.

The study suggests that there is a clear room for improvements. Incubators should improve in attracting and selecting high potentials and in providing more effective support focussed on tenants’ growth, whereas policymakers should exercise stricter control regarding the money spent and effectiveness of incubators.

The empirical analysis was conducted based on the research gap in the studies related to the impact of business incubation in the under-researched Central and Eastern European region. It also shows that positive results from similar studies done in established economies cannot be taken for granted as they depend on the quality of institutions in a particular country.