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008 140204s2013 xx 000 0 eng
010 _a2013478308
020 _a1464800626
020 _a9781464800627
035 _a(The World Bank)18029595
040 _aDLC
_cDLC
_beng
_erda
042 _apcc
245 0 0 _aFostering Entrepreneurship in Georgia..
264 1 _bWorld Bank
_c2013.
300 _apages
_ccm.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _adata file
_2rda
520 3 _aJob creation and productivity growth are at the forefront of the global development agenda. The central challenge today for the government of Georgia is to find sources of long-term economic growth, particularly through private sector development. This study seeks to identify determinants of high-growth entrepreneurial activity. The study uses data from the new 2012 World Bank Entrepreneurship Survey conducted to gauge new firm growth in the formal sector in Georgia and data from World Bank Enterprise Surveys to analyze innovative activity in existing firms. It includes detailed case study analyses to complement these findings. The study finds that while a number of reforms have been undertaken to alleviate the business environment, there remain a number of constraints that inhibit the growth of entrepreneurial and innovative activity. These constraints include a major skills mismatch, insufficient research and development and ineffective industry-research linkages. While outlining broad policy directions in areas namely improving business environment, access to finance, developing skills, increasing access to markets, incentivizing greater firm level research and development, and raising awareness it lays out some priority areas that the government could embark on. The government could remove bottlenecks that impede entrepreneurialism in the general business environment and design new financial policy instruments to foster entrepreneurship and innovation. We hope that the issues discussed and the dialogue initiated during the course of this study would lend itself to policy design to foster high-growth entrepreneurship with a view to higher growth and job creation in this highly globalized world.
588 _aDescription based on print version record.
650 0 _aEntrepreneurship
_zGeorgia (Republic)
_921316
776 0 8 _aPrint Version:
_z9781464800627
830 0 _aWorld Bank e-Library.
_921317
856 4 0 _uhttp://elibrary.worldbank.org/doi/book/10.1596/978-1-4648-0062-7
999 _c4620
_d4620