External Environment
Abstract
In this chapter, we discuss some of the other key ingredients conducive to entrepreneurial activities. We group them under “external environment” and include within that factors such as legal, political, and institutional environments. Besides, the state of labor markets has a close link with the type of entrepreneurship prevailing in a country—the types of entrepreneurship in terms of whether it is necessity-driven or opportunity-driven. We look at these factors in China, India, and the United States.
Keywords
Antimonopoly law
China and India: external environment for entrepreneurship
Early-stage entrepreneurial activity
Labor cost
Market-oriented
Necessity-driven
Opportunity-driven
Unemployment rate ...
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