Our team has identified three recently published studies that use data from across the world to answer interesting policy questions. A summary of each paper is below.
How Can Youth Entrepreneurship Be Increased?
A recent study from Ernst & Young explores ways to boost youth entrepreneurship. According to the authors, the recovery from the 2007-2008 financial crisis has not yet impacted youth unemployment. Entrepreneurship among young adults can remedy this employment gap.
The report suggests ways that G20 policymakers can help spur youth entrepreneurship including: increasing access to funding among entrepreneurs, providing business and tax incentives, supporting global mobility for young people, and fostering an entrepreneurial culture.
For the full report, please click here.
What Do Successful Entrepreneurs Have in Common?
Is there a particular method to predict an entrepreneur’s success? A recent report analyzes eight variables and sees which are helpful in predicting the success of Chilean entrepreneurs. The eight variables are: internet access, starting with adequate working capital, managing good financial and accounting records, access to professional advice, having partners, parents owning a business, spending funds on marketing efforts, strategic planning, and formal education among founders.
The analysis suggests that the first six variables are useful, while the final two – strategic planning and formal education – do not improve entrepreneurs chances of success. To read the full report, please click here.
Could a New Visa Boost Entrepreneurship in the U.S.?
What if there was a special type of visa available in the U.S. to promote startups? A recent study examines the proposal to allow current holders of H-1B and F-1 visas to be employed by startups and apply for permeant residence. This would, potentially help startups grow and increase productivity. According to analysis from the report’s authors, the increase in entrepreneurship would create over 500,000 new jobs for the country after ten years.
To read the full report, please click here.