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The development of entrepreneurial ecosystems: the case of the Portuguese regulatory framework

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In line with global political trends aimed at fostering job creation and economic growth through increased entrepreneurship, Portugal has committed to invest in ‘embellishing’ its entrepreneurial ecosystem. During the period of 2006-2016, policy reforms were implemented, with the objective of alleviating the regulatory rigidity entrepreneurs are subject to. Following the OECD-Eurostat methodology, together with a cross-comparison with the Netherlands, this paper estimates the effectiveness and impact of these reforms in easing such rigidity. This estimation found that Portuguese investment paid-off in some areas such as Administrative Burdens (entry and growth) while in others (e.g. Labour Market Regulations), it did not.

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Start-ups Entrepreneurship Entrepreneurial ecosystems Regulatory framework

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Licença CC