Do more heavily regulated economies have poorer performing new ventures?: evidence from britain and spain
- Document type
- Working Paper
- Mole, Kevin; Greene, Francis; Storey, David
- Warwick Business School
- Date of publication
- 1 April 2005
- Warwick Business School’s Small and Medium Sized Enterprise Centre Working Papers
- Small business & enterprise: the practicalities of running a small business and the theory of entrepreneurship, Management & leadership: including strategy, public sector management, operations and production
- Business and management
- Material type
This paper examines new venture performance in two countries, Britain and Spain. Each has radically different regulatory environments: Britain is the fifth least regulated out of 85 countries, whereas Spain is in fifty-fifth place. Hypotheses are derived that suggest that in Spain there would be fewer start-ups, they would be larger at start and would grow more slowly than those in Britain. The key finding is that new ventures appear to be almost identical in both economies, both in terms of numbers and post start up performance. This questions attempts to ease bureaucratic burdens on the process of new venture start-up and growth.
Is this the 'Version of Record (VoR)'?
Many different versions of a publication may be available on the web, only some of which might be considered part of the formal scholarly record. Please check whether this paper has been published in a journal by contacting the author, searching journal databases, or checking CrossMark It is the responsibility of publishers to register their publications with CrossMark.
Related to Small business & enterprise: the practicalities of running a small business and the theory of entrepreneurship
Downloadable report aiming to explain why few startups scale
Downloadable report on the BEIS Business Support Evaluation framework
Downloadable report on consumer prepayments on retailer insolvency