Entorno y actividad emprendedora: Un enfoque de dinámica de sistemas Un enfoque de dinámica de sistemas

Authors

In the recent decades the role of new fi rms has been recognized as

one of the key elements for economic and social development. While

governments dedicated their efforts to design polices and strategies for

the support of the entrepreneurial activity, the academy has focused its

interest, among other topics, on the analysis of conditioning factors to

entrepreneurship.

Concretely, scholars from Babson College (USA) and London

Business School (United Kingdom) launched in 1999 the Global

Entrepreneurship Monitor (GEM) with the aim to analyze the level

of entrepreneurial activity around the world. Specifi cally, this Project

studies the variation of entrepreneurship over time, the differences

among the countries, the entrepreneurship support policies and

the relationship between entrepreneurial activity and economic

development.

The GEM Project is based on a theoretical model characterized for the

holistic vision of the entrepreneurial activity and the interdependence

among the variables. The complexity of this model highlights some

limitations of the econometric instruments. Consequently, taking

into account that one of the main objectives of the GEM Project is to

propose and formulate support policies to new fi rm creation, system

dynamics is considered an adequate tool for this aim.

In this context, the paper evaluates, through system dynamics, policies

and strategies to support entrepreneurial activity, according the GEM

theoretical model. The causal model is presented with the results of the

study.