Developing An Entrepreneurship Ecosystem– UNCTAD approach

BFiorina Mugione, Chief, Entrepreneurship Section, Enterprise Branch, Division on Investment and

Enterprise Development

Challenges

Solution

IMPACT ON SUSTAINABLE DEVELOPMENT GOALS (SDGs)

EPF Policy Measurement Methodology

Formulating National Entrepreneurship Strategy

Optimizing the Regulatory Environment

Enhancing Entrepreneurship Education and Skills

Facilitating Technology Exchange and Innovation

Improving Access to Finance

Promoting Awareness and Networking

0.000

1.000

0.2030.179

0.1510.200

0.198

0.316

Entrepreneurial Ecosystem Perception Scorecard

White Paper on:Measuring impact: A joint effort by UNCTAD, OECD and KAUFFMAN

Outcome Indicators: OPTIMIZING THE REGULATORY ENVIRONMENTShort-Term Medium-Term Longer-Term

Increased government commitment to improving regulation for entrepreneurship. Evidence could include: A written strategy document

outlining policies to come Public announcement from the

executive office of a commitment to improve regulation for entrepreneurship

Creation of new government ministry / minister / taskforce focused on entrepreneurship regulation

Implementation of policies that improve regulation for entrepreneurship. This could be measured using wide range of indicators, depending upon the policy implemented. Examples include: Adoption of a policy i.e.

passing a policy into law that improves regulation for entrepreneurship

Enforcement of the policy i.e. by banks, the judicial sector

Feedback from entrepreneurship stakeholders that regulation has improved. We would recommend using the World Bank Doing Business study index indicator – Distance to Frontier. Governments would be aiming for a reduction in the distance to frontier as their policies are created and implemented. Governments can also conduct qualitative research (which could include interviews or focus groups) with key entrepreneurship stakeholders to better understand the impact that policies are having. Lawyers that work with multiple growing businesses, and serial entrepreneurs would be good people to interview. The sample should include participants from mixed sectors, backgrounds and geographies to verify that any changes have been seen across beneficiary groups.

Stakeholders

Institutions

Entrepreneurs

Action plan for entrepreneurship and innovation in Ecuador

Mapping of the entrepreneurship and innovation ecosystem in Ecuador: selected initiatives