IDEAS home Printed from https://ideas.repec.org/h/zbw/ofel18/180009.html
   My bibliography  Save this book chapter

How Might Changes in Legislation Impact the Development of Entrepreneurship?

In: 6th International OFEL Conference on Governance, Management and Entrepreneurship. New Business Models and Institutional Entrepreneurs: Leading Disruptive Change. April 13th - 14th, 2018, Dubrovnik, Croatia

Author

Listed:
  • Kunsek, Mojca
  • Djokic, Danila

Abstract

In the Action Plan for Entrepreneurship 2020, the fundamental purpose of the European Commission is to revive the entrepreneurial spirit in Europe after the economic crisis from the past years. At the same time, the European Commission strives to take an action in various areas of approach and implementation of entrepreneurial activity as the main lever for the growth of economic development and raising the level of employment. In recent years, the Slovenian turbulent economy has caused different ways of the entrepreneurship development. Beside the wellknown hypothesis that #of newly established companies shows the entrepreneurship development and their influence to the national GDP, the results of slovene promotors of entrepreneurship and specially the Global Entrepreneurship Monitor (GEM) shows different results which can serve as a basis for the adoption appropriate government policies for future entrepreneurship development and economic growth. Slovenia moved from a socialist economy to a trade economy, with its independence in 1991. The First Companies Act (ZGD) was adopted in 1993 and laid down the foundations for entrepreneurial behavior. This was followed by other bases, such as the Enterprise Supporting Environment Act, aiming to increase the chances of setting up new businesses and creating new jobs and to establish an effective support system for entrepreneurs at all stages of their development. Pursuant to the Act on the Court Register and the Business Register of Slovenia Act, Slovenia offers free and easy entry to entrepreneurship through the one stop shop points system (VEM), where the prospective entrepreneur can register his / her business. For the VEM system, which has been operating since 2005, the Republic of Slovenia received the 2009 United Nations Public Service Award. According the Slovenian Enterprise Fund and other national providers of registering and assistance in starting up entrepreneurship, the most common mistakes of failed start-ups are excessive entrepreneurial optimism and unrealistic entrepreneurial plan, lack of entrepreneurial knowledge, poor knowledge of regulations and financial obligations and lack of capital which were expected. However according to the results of GEM Slovenia 2015, among the reasons for the termination of entrepreneurs' business, far more than in other EU economies, reflection of the company's unreliability and financial options are recognised, and less than in other EU economies, reflection of Creating qualitative entrepreneurial ecosystem is a mix of different government / tax policies. factors, which consists of government policies and programs for entrepreneurship, education and training, access to business and professional infrastructure, and also cultural and social norms. According to the results of the GEM 2015, despite expected lack of entrepreneurship financing, Slovenia surprisingly is under the European average at the level of entrepreneurial education and the social acceptance of entrepreneurship. On the basis of the cultural and sociological background of this challenge, however, the foundations of a different behavior and a greater acceptance of entrepreneurship will undoubtedly be conditioned by appropriate legal bases and promotional activities, where have already been seen certain activities for more positive attitude towards qualitative entrepreneurship.

Suggested Citation

  • Kunsek, Mojca & Djokic, Danila, 2018. "How Might Changes in Legislation Impact the Development of Entrepreneurship?," 6th International OFEL Conference on Governance, Management and Entrepreneurship. New Business Models and Institutional Entrepreneurs: Leading Disruptive Change (Dubrovnik, 2018), in: 6th International OFEL Conference on Governance, Management and Entrepreneurship. New Business Models and Institutional Entrepreneurs: Leading Disrupt, pages 475-490, Governance Research and Development Centre (CIRU), Zagreb.
  • Handle: RePEc:zbw:ofel18:180009
    as

    Download full text from publisher

    File URL: https://www.econstor.eu/bitstream/10419/180009/1/ofel-2018-p475-490.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Howard H. Stevenson & J. Carlos Jarillo, 2007. "A Paradigm of Entrepreneurship: Entrepreneurial Management," Springer Books, in: Álvaro Cuervo & Domingo Ribeiro & Salvador Roig (ed.), Entrepreneurship, pages 155-170, Springer.
    2. World Bank Group, 2016. "Doing Business 2016," World Bank Publications - Books, The World Bank Group, number 22771.
    3. Aleksander Aristovnik & Alka Obadic, 2015. "The impact and efficiency of public administration excellence on fostering SMEs in EU countries," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 17(39), pages 761-761, May.
    4. Nick Malyshev, 2006. "Regulatory Policy: OECD Experience and Evidence," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 22(2), pages 274-299, Summer.
    5. Dieter Helm, 2006. "Regulatory Reform, Capture, and the Regulatory Burden," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 22(2), pages 169-185, Summer.
    Full references (including those not matched with items on IDEAS)

    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. Andr�s J. Drew, 2010. "New rules, new politics, same actors � explaining policy change in the EU ETS," GRI Working Papers 29, Grantham Research Institute on Climate Change and the Environment.
    2. Patrick Ene Okon, 2018. "Comparative Analysis of Mass Media Coverage of the Fight Against Corruption in Nigeria by the Obasanjo and Buhari Administrations," International Journal of Emerging Trends in Social Sciences, Scientific Publishing Institute, vol. 4(2), pages 47-57.
    3. Ralph Chami & Connel Fullenkamp & Sunil Sharma, 2010. "A framework for financial market development," Journal of Economic Policy Reform, Taylor and Francis Journals, vol. 13(2), pages 107-135.
    4. Ignatov Augustin, 2019. "Entrepreneurship and Bureaucracy: Impact upon Innovation and Economic Competitiveness of the European Union," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 22(72), pages 36-59, June.
    5. Brownell, Katrina M. & McMullen, Jeffery S. & O'Boyle, Ernest H., 2021. "Fatal attraction: A systematic review and research agenda of the dark triad in entrepreneurship," Journal of Business Venturing, Elsevier, vol. 36(3).
    6. Daniele, Federica & Pasquini, Alessandra & Clò, Stefano & Maltese, Enza, 2023. "Unburdening regulation: The impact of regulatory simplification on photovoltaic adoption in Italy," Energy Economics, Elsevier, vol. 125(C).
    7. Colin Donaldson, 2019. "Intentions resurrected: a systematic review of entrepreneurial intention research from 2014 to 2018 and future research agenda," International Entrepreneurship and Management Journal, Springer, vol. 15(3), pages 953-975, September.
    8. Carol A. Heimer & Elsinore Kuo, 2021. "Subterranean successes: Durable regulation and regulatory endowments," Regulation & Governance, John Wiley & Sons, vol. 15(S1), pages 63-82, November.
    9. Jaroslav BELAS & Lubomir BELAS & Martin CEPEL & Zoltan ROZSA, 2019. "The Impact Of The Public Sector On The Quality Of The Business Environment In The Sme Segment," REVISTA ADMINISTRATIE SI MANAGEMENT PUBLIC, Faculty of Administration and Public Management, Academy of Economic Studies, Bucharest, Romania, vol. 2019(32), pages 18-31, June.
    10. Lourdes Torres & Patricia Bachiller, 2013. "Efficiency of telecommunications companies in European countries," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 17(4), pages 863-886, November.
    11. John W Lang & N. Aldori, 2020. "An Extension to Late Rentierism, using a Comparative Compound Diversification Index, to Show the Movement Towards Mixed Mode Economic Diversification and Development, in the GCC States," Business and Management Studies, Redfame publishing, vol. 6(1), pages 4057-4057, December.
    12. Șancariuc Delia-Raluca & Preda Dragoș Cosmin Lucian, 2024. "Taxes and Entrepreneurship in Former Communist Countries," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 18(1), pages 176-184.
    13. Soonae Park & Don S. Lee & Jieun Son, 2021. "Regulatory reform in the era of new technological development: The role of organizational factors in the public sector," Regulation & Governance, John Wiley & Sons, vol. 15(3), pages 894-908, July.
    14. Benner, Maximilian & Bieringer, Lukas & Knaupp, Matthias & Wittemaier, Jana & Wruck, Adrian, 2016. "Towards a Smart Specialization Strategy for Haifa, Israel," MPRA Paper 73299, University Library of Munich, Germany.
    15. da Fonseca, André Luís A. & Chimenti, Paula & Campos, Roberta D., 2023. "‘Take my advice’: Entrepreneurial consumers and the ecosystemic logics of digital platforms," Technological Forecasting and Social Change, Elsevier, vol. 193(C).
    16. Arruñada, Benito, 2017. "Property as sequential exchange: the forgotten limits of private contract," Journal of Institutional Economics, Cambridge University Press, vol. 13(4), pages 753-783, December.
    17. Wegrich, Kai, 2009. "The administrative burden reduction policy boom in Europe: comparing mechanisms of policy diffusion," LSE Research Online Documents on Economics 36536, London School of Economics and Political Science, LSE Library.
    18. Adams, Samuel & Atsu, Francis, 2015. "Assessing the distributional effects of regulation in developing countries," Journal of Policy Modeling, Elsevier, vol. 37(5), pages 713-725.
    19. Jawad Minhas & Stavros Sindakis, 2022. "Implications of Social Cohesion in Entrepreneurial Collaboration: a Systematic Literature Review," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 13(4), pages 2760-2791, December.
    20. Germundsson, Lisa Blix & Norrman, Charlotte, 2023. "Market Formation and the Role of the Farmer in a Micro-level Agri-food Innovation System," International Journal on Food System Dynamics, International Center for Management, Communication, and Research, vol. 14(04), December.

    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:zbw:ofel18:180009. 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: ZBW - Leibniz Information Centre for Economics (email available below). General contact details of provider: http://www.ciru.hr/ .

    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.