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Innovation, Entrepreneurship, and the Economy in the US, China, and India by Harini Mittal, Zhijie Gao, Rajiv Shah

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Chapter 14

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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