IDEAS home Printed from https://ideas.repec.org/a/sae/entthe/v38y2014i4p941-957.html
   My bibliography  Save this article

Measuring the Costs and Coverage of SME and Entrepreneurship Policy: A Pioneering Study

Author

Listed:
  • Anders Lundström
  • Peter Vikström
  • Matthias Fink
  • Miguel Meuleman*
  • PaweÅ‚ GÅ‚odek
  • David Storey
  • Andreas KroksgÃ¥rd

Abstract

This paper documents a methodology used to assess, for the first time, the costs to the taxpayer of small and medium enterprise (SME) and entrepreneurship policy in Sweden. It then uses that data to compare the resulting expenditure patterns with the focus of policy as expressed by experts. It finds important areas where the two diverge, implying a possible mismatch between expenditure priorities and political rhetoric. This approach is then extended beyond Sweden to include Poland, Austria, and the Flanders region of Belgium to demonstrate the application of the approach to other countries and regions.

Suggested Citation

  • Anders Lundström & Peter Vikström & Matthias Fink & Miguel Meuleman* & PaweÅ‚ GÅ‚odek & David Storey & Andreas KroksgÃ¥rd, 2014. "Measuring the Costs and Coverage of SME and Entrepreneurship Policy: A Pioneering Study," Entrepreneurship Theory and Practice, , vol. 38(4), pages 941-957, July.
  • Handle: RePEc:sae:entthe:v:38:y:2014:i:4:p:941-957
    DOI: 10.1111/etap.12037
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1111/etap.12037
    Download Restriction: no

    File URL: https://libkey.io/10.1111/etap.12037?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Rotger, Gabriel Pons & Gørtz, Mette & Storey, David J., 2012. "Assessing the effectiveness of guided preparation for new venture creation and performance: Theory and practice," Journal of Business Venturing, Elsevier, vol. 27(4), pages 506-521.
    2. Li Xiao, 2011. "Financing high-tech SMEs in China: A three-stage model of business development," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 23(3-4), pages 217-234, April.
    3. Salvatore Zecchini & Marco Ventura, 2009. "The impact of public guarantees on credit to SMEs," Small Business Economics, Springer, vol. 32(2), pages 191-206, February.
    4. Robert Blackburn & Monder Ram, 2006. "Fix or fixation? The contributions and limitations of entrepreneurship and small firms to combating social exclusion," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 18(1), pages 73-89, January.
    5. Anders Lundström & Lois A. Stevenson, 2005. "Entrepreneurship Policy: Theory and Practice," International Studies in Entrepreneurship, Springer, number 978-0-387-24202-6, December.
    6. Paul Reynolds, 2009. "Screening item effects in estimating the prevalence of nascent entrepreneurs," Small Business Economics, Springer, vol. 33(2), pages 151-163, August.
    7. Susan Marlow & Dean Patton, 2005. "All Credit to Men? Entrepreneurship, Finance, and Gender," Entrepreneurship Theory and Practice, , vol. 29(6), pages 717-735, November.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Coad, Alex & Karlsson, Johan, 2022. "A field guide for gazelle hunters: Small, old firms are unlikely to become high-growth firms," Journal of Business Venturing Insights, Elsevier, vol. 17(C).
    2. Moro, Andrea & Maresch, Daniela & Fink, Matthias & Ferrando, Annalisa & Piga, Claudio, 2020. "Spillover effects of government initiatives fostering entrepreneurship on the access to bank credit for entrepreneurial firms in Europe," Journal of Corporate Finance, Elsevier, vol. 62(C).
    3. Georgios Fotopoulos & David J. Storey, 2019. "Public policies to enhance regional entrepreneurship: another programme failing to deliver?," Small Business Economics, Springer, vol. 53(1), pages 189-209, June.
    4. Robert Wapshott & Oliver Mallett, 2018. "Small and medium-sized enterprise policy: Designed to fail?," Environment and Planning C, , vol. 36(4), pages 750-772, June.
    5. Harrison, Richard T., 2022. "“Pennies from heaven”? Market failure, circuits of capital and policy support for business angels: The case of cross-border angel investment," Journal of Business Venturing Insights, Elsevier, vol. 17(C).
    6. Jan & Aleksandra & Windham, 2021. "City policies to promote entrepreneurship: A cross-country comparison of Poland and Germany," Journal of Entrepreneurship, Management and Innovation, Fundacja Upowszechniająca Wiedzę i Naukę "Cognitione", vol. 17(2), pages 159-185.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Moro, Andrea & Maresch, Daniela & Fink, Matthias & Ferrando, Annalisa & Piga, Claudio, 2020. "Spillover effects of government initiatives fostering entrepreneurship on the access to bank credit for entrepreneurial firms in Europe," Journal of Corporate Finance, Elsevier, vol. 62(C).
    2. Julia Rouse & Dilani Jayawarna, 2011. "Structures of Exclusion from Enterprise Finance," Environment and Planning C, , vol. 29(4), pages 659-676, August.
    3. Jayawarna, Dilani & Jones, Oswald & Marlow, Susan, 2015. "The influence of gender upon social networks and bootstrapping behaviours," Scandinavian Journal of Management, Elsevier, vol. 31(3), pages 316-329.
    4. Ratinho, Tiago & Amezcua, Alejandro & Honig, Benson & Zeng, Zhaocheng, 2020. "Supporting entrepreneurs: A systematic review of literature and an agenda for research," Technological Forecasting and Social Change, Elsevier, vol. 154(C).
    5. Holger Patzelt & Dean A. Shepherd, 2009. "Strategic Entrepreneurship at Universities: Academic Entrepreneurs’ Assessment of Policy Programs," Entrepreneurship Theory and Practice, , vol. 33(1), pages 319-340, January.
    6. Jeffrey A. Robinson & Richard N. Hayes, 2012. "Opportunity Recognition In Inner-City Markets: An Exploratory Study," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 17(02), pages 1-25.
    7. Raquel Ortega-Argilés, 2022. "The evolution of regional entrepreneurship policies: “no one size fits all”," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 69(3), pages 585-610, December.
    8. Su, Zhong-qin & Xiao, Zuoping & Yu, Lin, 2019. "Do political connections enhance or impede corporate innovation?," International Review of Economics & Finance, Elsevier, vol. 63(C), pages 94-110.
    9. Entrialgo M. & Iglesias V., 2018. "Are the Intentions to Entrepreneurship of Men and Women Shaped Differently? The Impact of Entrepreneurial Role-Model Exposure and Entrepreneurship Education," Entrepreneurship Research Journal, De Gruyter, vol. 8(1), pages 1-14, January.
    10. Michael Fritsch & Pamela Mueller, 2007. "The persistence of regional new business formation-activity over time – assessing the potential of policy promotion programs," Journal of Evolutionary Economics, Springer, vol. 17(3), pages 299-315, June.
    11. Flèche, Sarah & Lepinteur, Anthony & Powdthavee, Nattavudh, 2021. "The importance of capital in closing the entrepreneurial gender gap: A longitudinal study of lottery wins," Journal of Economic Behavior & Organization, Elsevier, vol. 188(C), pages 591-607.
    12. Aparicio, Sebastian & Urbano, David & Audretsch, David, 2016. "Institutional factors, opportunity entrepreneurship and economic growth: Panel data evidence," Technological Forecasting and Social Change, Elsevier, vol. 102(C), pages 45-61.
    13. Caliendo, Marco & Künn, Steffen & Weißenberger, Martin, 2016. "Personality traits and the evaluation of start-up subsidies," European Economic Review, Elsevier, vol. 86(C), pages 87-108.
    14. Emma Galli & Danilo V. Mascia & Stefania P. S. Rossi, 2020. "Bank credit constraints for women‐led SMEs: Self‐restraint or lender bias?," European Financial Management, European Financial Management Association, vol. 26(4), pages 1147-1188, September.
    15. Hong Joo Lee, 2019. "What Factors Are Necessary for Sustaining Entrepreneurship?," Sustainability, MDPI, vol. 11(11), pages 1-20, May.
    16. Francesco Campanella & Luana Serino, 2019. "Firms Use of Financial Leverage: Evidence from Italy," Review of Economics & Finance, Better Advances Press, Canada, vol. 17, pages 65-78, August.
    17. Asdrubali, Pierfederico & Signore, Simone, 2015. "The Economic Impact of EU Guarantees on Credit to SMEs – Evidence from CESEE Countries," EIF Working Paper Series 2015/29, European Investment Fund (EIF).
    18. Susan Müller & Alyssa Lara Kirst & Heiko Bergmann & Barbara Bird, 2023. "Entrepreneurs’ actions and venture success: a structured literature review and suggestions for future research," Small Business Economics, Springer, vol. 60(1), pages 199-226, January.
    19. Blount, Ian & Triana, Maria del Carmen & Richard, Orlando & Li, Mingxiang, 2023. "How women CEOs’ financial knowledge and firm homophily affect venture performance," Journal of Business Research, Elsevier, vol. 155(PA).
    20. Per Davidsson, 2023. "Making contributions: personal reflections from the co-creative evolution of entrepreneurship research," Small Business Economics, Springer, vol. 61(4), pages 1391-1410, December.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:entthe:v:38:y:2014:i:4:p:941-957. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.