Public Policy, Productive and Unproductive Entrepreneurship
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Public Policy, Productive and Unproductive Entrepreneurship

The Impact of Public Policy on Entrepreneurial Outcomes

Edited by Gregory M. Randolph, Michael T. Tasto and Robert F. Salvino Jr.

This exciting book provides fresh insight into how institutions, governments, regulations, economic freedom and morality impact entrepreneurship and public policy. Each chapter contains a rigorous analysis of the consequences of public policy and the effects of institutional decisions on the productivity of entrepreneurs. These chapters will help policymakers direct their efforts at creating a positive economic environment for entrepreneurs to flourish and for scholars to better understand the role policy plays on entrepreneurial activity.
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Chapter 5: Politics and entrepreneurship

Matt E. Ryan

Abstract

This chapter explores the relationship between politics and entrepreneurship. While the aim of the U.S. House Select Committee on Small Business is presumably to increase entrepreneurial activity, state measures of entrepreneurship show the opposite effect as states with representatives on the committee have lower levels of entrepreneurship. This relationship between state committee representation and state-level entrepreneurship is examined by evaluating congressional dominance. The findings in this chapter suggest that politicians cannot spur entrepreneurship, and may even deter productive entrepreneurship. Keywords: Politics, entrepreneurship, congressional committees

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