| Description |
1 online resource (xi, 92 pages) |
| Series |
Directions in development. Private sector development |
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Directions in development (Washington, D.C.). Private sector development.
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| Contents |
Front Cover; Contents; Acknowledgments; Abbreviations; Overview; Entrepreneurship in Armenia; Policy Recommendations; Note; Chapter 1 What Drives Entrepreneurship and Economic Growth?; Introduction; Figure 1.1 Conceptual Framework; Motivations for Entrepreneurs; Figures; Determinants of Entrepreneurship; High-Growth Entrepreneurship; Role of Government; References; Chapter 2 Armenia's Economic Structure and the Role of Entrepreneurship; Motivation; Recent Economic Performance; Figure 2.1 Structure of the Armenian Economy, 2011; Box 2.1 Armenia's Information and Communication Technology Sector |
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Boxes Figure 2.2 Composition of Exports by Level of Technology, 1994-2011; Figure 2.3 Exports of Services, 2010; Figure 2.4 Sectoral Breakdown of Total Employment; Figure 2.5 Unemployment Rates by Country, 2008; Empirical Analysis; Notes; References; Chapter 3 Entrepreneurship and New Firm Growth; Entrepreneurship Landscape; Figure 3.1 Firm Entry Density for ECA, Georgia, and Armenia, 2012; Figure 3.2 Business Ownership in Armenia, ECA, and Developing Countries, 2011; Survey Results; Figure 3.3 Gender and Number of Founders in Sample; Figure 3.4 Education Levels of Founders, by Sector |
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Figure 3.5 Reasons for Starting a Business Box 3.1 Case Study: 365 Wines-An Economist Turns Wine Producer; Box 3.2 Case Study: Akvatekhavtomatika CJSC-Fish-Breeding in a Landlocked Economy; Figure 3.6 Share of Funding from External Sources, by Sector, 2012; Figure 3.7 Percentage of Adults Who Reported Saving; Figure 3.8 Contribution in Creating and Sustaining the Competitive Advantage of the Company; Figure 3.9 Market Distribution of Sales; Figure 3.10 Share of Total Sales When Product Is Sold to Market Type |
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Box 3.3 Case Study: Instigate CJSC-A Successful Information Technology Firm Now Facing Increasing Competition for Scarce Skills Figure 3.11 Importance of the Following Sources of Knowledge for Exploring New Business Opportunities for the Company; Notes; References; Chapter 4 Entrepreneurship and Innovation; Introduction; Figure 4.1 Innovation Rates by Country; Figure 4.2 Innovation Rates by Firm Size, Armenia; Figure 4.3 Innovation Rates by Sector and Country; Innovation and Investment Climate; Figure 4.4 Corruption Indicator Comparisons; Figure 4.5 Innovative Activity by Exporting Status |
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Who Are the Innovators? Innovation and Firm Performance; Figure 4.6 Average Annual Sales Growth; Figure 4.7 Average Annual Employment Growth; Figure 4.8 Average Annual Labor Productivity Growth; Notes; Reference; Chapter 5 How Can Government Policies Stimulate Entrepreneurship?; Introduction; Simplifying the Tax System; Increasing Government Efficiency and Transparency; Increasing Access to Finance; Box 5.1 Role of Diaspora in Establishing Venture Capital; Figure 5.1 Unemployment by Educational Attainment and Location, 2010; Developing Skills |
| Summary |
"The central challenge facing the government of Armenia today is the need to transform its economic infrastructure into one that, in the medium term, is resilient to external shocks. To do so, it needs to find new sources of long-term economic growth that will enable it to become an upper-middle-income country. Crucial to achieving this objective is a dynamic and vibrant private sector, and in particular entrepreneurial activity, which generates new businesses and fosters competition and economic growth. Fostering Entrepreneurship in Armenia uses data and in-depth case studies to identify the determinants of high-growth entrepreneurial activity. It finds that, while there is a higher level of entrepreneurial activity in Armenia compared with other countries in the region, a number of constraints to the growth of entrepreneurial and innovative activity remain. Based on these findings, the book outlines broad policy directions for improving the business environment, providing access to finance, developing skills, increasing access to markets, incentivizing firm-level research and development, and raising awareness, and it identifies priority areas for government action. The issues discussed in this book will be of particular interest to policy makers who are aiming to achieve higher growth and job creation through entrepreneurship, as well as to development practitioners and those in the private sector."--Page 4 of cover |
| Bibliography |
Includes bibliographical references |
| Notes |
English |
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Online resource; title from PDF title page (World Bank, viewed January 31, 2014) |
| Subject |
Entrepreneurship -- Armenia (Republic)
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BUSINESS & ECONOMICS -- Industrial Management.
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BUSINESS & ECONOMICS -- Management.
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BUSINESS & ECONOMICS -- Management Science.
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BUSINESS & ECONOMICS -- Organizational Behavior.
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Economic policy
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Entrepreneurship
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| SUBJECT |
Armenia (Republic) -- Economic policy -- 1991-
http://id.loc.gov/authorities/subjects/sh92006626
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| Subject |
Armenia (Republic)
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| Form |
Electronic book
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| Author |
Kuriakose, Smita, editor
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| ISBN |
9781464800658 |
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1464800650 |
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1299938965 |
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9781299938960 |
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9781464800641 |
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1464800642 |
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