Study On Entrepreneurship Public Policy

Today with the trend of globalization sweeping across all corners of the world, enterprises keep a daily basis in the newborn and withering away as the most important micro-main in the market economy. It is the basic prerequisite for economic prosperity with new emerging enterprises. Entrepreneurship is one of business operations, which has penetrated into all aspects of economic life in just a few decades and become an integral part in the course of social progress. The rapid advancing of science and technology are triggering dramatic changes in industrial and the emergent rise of new industry. Entrepreneurship, which takes the wealth creation as the foundation has already not only become one of important factors to stimulate technology innovation, upgrade industrial competitive advantage and enhance overall national strength, but also the good agent to ease growing wave of unemployment.Entrepreneurship is the result of many kinds of factors combined. The motives and activities of entrepreneurs are based on a certain environment. There is a strong correlation between entrepreneurial activities and environmental conditions. For the activities of entrepreneurs to take advantage of opportunities and put it into practice, it is the key to foster a good environment to ensure entrepreneurship to go on wheels. The external environment, in which entrepreneurs exist, contains the numerous factors, and public policy is one of them. When the correlation between employment, growth and entrepreneurship come into public eyeshot and the importance of the entrepreneurial activity in connection R&D efforts and innovation commercialization appears, the goal of public policy aims at the incentives to entrepreneurs and entrepreneurship. At present, China is being faced with promoting the sustained, rapid and sound economic development, enhancing the competitiveness of industries, creating employment opportunities, accelerating technology innovation and other urgent tasks. It is a practical and feasible means to encourage entrepreneurship and improves social entrepreneurial activities as a whole. Based on the incentive, how public policy can be designed more effective and perfect to form effective incentive to entrepreneurial entry should be regarded as an important issue for research.Therefore, this paper takes the public policy toward entrepreneurship as the basic object, proposes the research framework according to the theory from the perspective of incentive, and analyzes entrepreneurial entry which has been encouraged by the public policy. Combined with Chinese practices of the public policy, we make empirical research on the incentive effect of entrepreneurship policy, evaluate the effectiveness of incentive policy for entrepreneurial entry, and regard it as the foundation to put forward the corresponding recommendations for improvement and countermeasures for perfection.This paper includes the following specific aspects:Firstly, introduce the research background, main content, significance and innovation of this paper, and explain the overall logical structure.Secondly, elaborate literature review including the concept of entrepreneurship, the type of entrepreneurial activity and the entrepreneurial environment study. Focus on domestic and international research on entrepreneurship public policy. Based on a brief review, the primary problem being studied shall be raised.Thirdly, from the perspective of theoretical study, define the important concepts, analyze the decision-making process of entrepreneurial entry by using correlative theory, and put forward academic frame of incentive policy for entrepreneurial entry on the basis of comprehensive study on public policy of entrepreneurship..Fourthly, summarize the main rule and the characteristic of the evolution on the basis of reviewing Chinese entrepreneurship public policy comprehensively. And study material measures of motivating entrepreneurial entry of Chinese entrepreneurship public policy according to the fundamental framework of the incentive policy.Fifthly, evaluate the effects of the Chinese policy toward the incentive to entrepreneurial entry from the perspective of empirical research. First of all, overall judgment of impersonality effects of Chinese public policy for entrepreneurship shall be made. Then propose the research assumptions under theoretical and practical analysis. We define the key feasible variables by quantizing material measures, establish econometric regression model and launch to the quantitative analysis of panel data, and carry out the explanation to some important issues simultaneously. Finally, according to the results of a comprehensive empirical research, the incentive effect of Chinese entrepreneurship public policy has been evaluated and discussed.Sixthly, according to above findings, the corresponding recommendations for improvement and countermeasures for perfection have been put forward about Chinese policy toward the incentive to entrepreneurial entry.Seventhly, summarize the research conclusion, point out existing deficiencies and propose further study prospects.By above research, we believe that entrepreneurial entry is the process based on taking advantage of opportunities after discovering opportunities, and the performance of individual career decision-making. Public policy can be adopted in affecting the entrepreneurial expected return through changing influencing factors in decision-making so as to motivate more entrepreneurial entry occurrence. Based on the incentive, the evolution of Chinese entrepreneurship public policies is conducive to entrepreneurial entry on the whole. The policy has been improving the obtaining of entrepreneurial resources, operating conditions and increasing the expected return effectively by easing capital constraint, reducing the creation cost and the growth burden and providing business support services. Thus, it has been resulting in a significant excitation effect and encouraging more entrepreneurial entry occurrence. However, there has the limited effect of incentive for the existing preferential synthesis policies toward entrepreneurial entry. Focusing on the long-term proceeds of entrepreneurial entry, preferential policies should be integrated into a deeper level of practical measures, such as deregulation, reducing barriers and so on.