Arbeitspapier
Entrepreneurial Recovery from COVID-19: Decentralization, Democratization, Demand, Distribution, and Demography
Entrepreneurship, as reflected in the start-up of new firms, the growth and market exit of existing firms, and the ow of venture capital, has been severely curtailed by the lockdown and social distancing measures taken by governments around the world in the fight against COVID-19. This paper, after documenting preliminary evidence on these declines, argues that there is a strong possibility that the unintended damage to entrepreneurship, innovation and growth could be persistent. This requires that short- term economic and business rescue packages be complimented by measures aimed at the longer-term, and that these be based on at least five principles. These 5 principles (5Ds) refer to decentralization, democratization, demand, distribution and demography.
- Language
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Englisch
- Bibliographic citation
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Series: IZA Discussion Papers ; No. 13436
- Classification
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Wirtschaft
Health: Government Policy; Regulation; Public Health
Entrepreneurship
Enterprise Policy
New Firms; Startups
- Subject
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entrepreneurship
innovation
COVID-19
public policy
economic growth
development
- Event
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Geistige Schöpfung
- (who)
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Naudé, Wim
- Event
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Veröffentlichung
- (who)
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Institute of Labor Economics (IZA)
- (where)
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Bonn
- (when)
-
2020
- Handle
- Last update
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10.03.2025, 11:42 AM CET
Data provider
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Object type
- Arbeitspapier
Associated
- Naudé, Wim
- Institute of Labor Economics (IZA)
Time of origin
- 2020