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Entrepreneurship Policy and Its Impact on the Cultural Legitimacy for Entrepreneurship in a Developing Country Context

In: Entrepreneurship, Regional Development and Culture

Author

Listed:
  • Vesna Mandakovic

    (Universidad del Desarrollo)

  • Boyd Cohen

    (Universidad del Desarrollo)

  • José Ernesto Amorós

    (Universidad del Desarrollo)

Abstract

In Chile, during the past two decades several reforms have been implemented with a goal of dismantling institutional barriers constraining equity funding along with the allocation of government investment in public financing programs. The purpose of this chapter is to analyze how public policy may influence the cultural legitimacy of entrepreneurship in a region. Understanding how entrepreneurship policy and programs, and specifically the unique Start Up Chile initiative, may impact the culture towards entrepreneurship and the perception of entrepreneurship as a career choice. The main findings suggest that the introduction of Startup Chile resulted in a spike in interest in Chile as an entrepreneurial ecosystem.

Suggested Citation

  • Vesna Mandakovic & Boyd Cohen & José Ernesto Amorós, 2015. "Entrepreneurship Policy and Its Impact on the Cultural Legitimacy for Entrepreneurship in a Developing Country Context," Springer Books, in: Marta Peris-Ortiz & José M. Merigó-Lindahl (ed.), Entrepreneurship, Regional Development and Culture, edition 127, chapter 0, pages 109-125, Springer.
    • Handle: RePEc:spr:sprchp:978-3-319-15111-3_7
    DOI: 10.1007/978-3-319-15111-3_7
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    Citations

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    Cited by:

    1. van Rijnsoever, Frank J. & Eveleens, Chris P., 2021. "Money Don't matter? How incubation experience affects start-up entrepreneurs' resource valuation," Technovation, Elsevier, vol. 106(C).
    2. Maribel Guerrero & Vesna Mandakovic & Mauricio Apablaza & Veronica Arriagada, 2021. "Are migrants in/from emerging economies more entrepreneurial than natives?," International Entrepreneurship and Management Journal, Springer, vol. 17(2), pages 527-548, June.
    3. Bustamante, Carla V. & Mingo, Santiago & Matusik, Sharon F., 2021. "Institutions and venture capital market creation: The case of an emerging market," Journal of Business Research, Elsevier, vol. 127(C), pages 1-12.

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