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The Shift to the Entrepreneurial Society

The Shift to the Entrepreneurial Society

A Built Economy in Education, Sustainability and Regulation

Edited by Jean Bonnet, Marcus Dejardin and Antonia Madrid-Guijarro

In the constant challenge economies face to grow and adapt, entrepreneurship and innovation are considered key factors. This impressive book shows the complementary and decisive role that education, access to an efficient financial system, and regulation may have in creating an entrepreneurial society.

Chapter 13: Obstacles Involved in the Business Creation Process and How They Have Evolved: The Case of the Region of Murcia

Antonio García Sánchez and Andrés Sánchez Cerón

Subjects: business and management, entrepreneurship


Antonio García Sánchez and Andrés Sánchez Cerón INTRODUCTION Over the last few years, two of the main goals set by governments in developed countries have been job creation and economic growth. To help achieve these goals, policies encouraging business start-ups and entrepreneurial spirit have been set up. With regard to these business start-up policies, it has become evident that they offer a valid solution to achieve the previously stated macroeconomic goals. This is demonstrated by the increased levels of interest that public authorities have in said start-ups, as well as the growing number of research projects being undertaken in this area. Therefore, it is necessary to investigate and analyse the ins and outs of the business start-up policy (at both macro- and microeconomic levels), and which types of entrepreneurs have taken advantage of the policy. Essentially, the research detailed in this chapter intends to broaden the knowledge of the business start-up phenomenon in the Region of Murcia by comparing surveys carried out in 1995, 2001 and 2007, as well as exploring the challenges faced by potential entrepreneurs, both in starting a new business and in ensuring its survival. The following will thus analyse and compare information obtained in the three studies (1995, 2001 and 2007) regarding entrepreneurial practice in the manufacturing and services industries in the Region of Murcia. The research has been split into four sections. First, we focus on analysing the main goal that every entrepreneur wants to achieve – to start up a...

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