Entrepreneurial Cambodia : Cambodia Policy Note

Entrepreneurship is multi-faceted, with a range of factors influencing the success of growth-oriented enterprises. A well-functioning entrepreneurship ecosystem includes six pillars: skilled human capital,well-functioning markets, an encouraging...

Full description

Bibliographic Details
Main Authors: Ehst, Michael, Sak, Sambath, Sanchez Martin, Miguel Eduardo, Van Nguyen, Lan
Format: Policy Note
Language:English
Published: World Bank, Washington, DC 2018
Subjects:
Online Access:http://documents.worldbank.org/curated/en/603641543599469665/Entrepreneurial-Cambodia-Cambodia-Policy-Note
http://hdl.handle.net/10986/30924
id okr-10986-30924
recordtype oai_dc
spelling okr-10986-309242021-09-16T12:00:24Z Entrepreneurial Cambodia : Cambodia Policy Note Ehst, Michael Sak, Sambath Sanchez Martin, Miguel Eduardo Van Nguyen, Lan ENTREPRENEURSHIP GLOBAL VALUE CHAINS SMALL BUSINESS LOAN ACCESS TO FINANCE BUSINESS SUPPORT INTELLECTUAL PROPERTY PROTECTION SMALL AND MEDIUM ENTERPRISES BUSINESS ENVIRONMENT Entrepreneurship is multi-faceted, with a range of factors influencing the success of growth-oriented enterprises. A well-functioning entrepreneurship ecosystem includes six pillars: skilled human capital,well-functioning markets, an encouraging policy environment, availability of financing, anentrepreneurship-friendly culture, and supportive entrepreneurship organizations and networks. This policy note responds to a request from the government to assess the current state of Cambodia’s entrepreneurship ecosystem and to identify deficiencies that are holding back the success of domestic enterprises. The note assesses Cambodia’s performance across the six pillars of the entrepreneurship ecosystem. Given the important role that innovation plays in entrepreneurial outcomes, this note also includes a brief analysis of Cambodia’s national innovation system. The note provides recommendations for how the Cambodian government can use policy to create amore robust system of support for these domestic enterprises and the entrepreneurs who establishand manage them. Given Cambodia’s struggle with the missing middle of enterprises, this note focuses particularly on policies to encourage thetypes of dynamic small- and medium-enterprises (SMEs) that grow quickly and can have a potentially transformational effect on the economy. To provide some useful lessons on improving support for entrepreneurship, the note also includes international examples from countries, such as Singapore and Malaysia, that started with a similar profile of FDI-led development and, over time, have successfully putin place the conditions necessary to nurture and grow a dynamic domestic private sector. 2018-12-03T21:22:32Z 2018-12-03T21:22:32Z 2018-07 Policy Note http://documents.worldbank.org/curated/en/603641543599469665/Entrepreneurial-Cambodia-Cambodia-Policy-Note http://hdl.handle.net/10986/30924 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Policy Notes East Asia and Pacific Cambodia
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ENTREPRENEURSHIP
GLOBAL VALUE CHAINS
SMALL BUSINESS LOAN
ACCESS TO FINANCE
BUSINESS SUPPORT
INTELLECTUAL PROPERTY PROTECTION
SMALL AND MEDIUM ENTERPRISES
BUSINESS ENVIRONMENT
spellingShingle ENTREPRENEURSHIP
GLOBAL VALUE CHAINS
SMALL BUSINESS LOAN
ACCESS TO FINANCE
BUSINESS SUPPORT
INTELLECTUAL PROPERTY PROTECTION
SMALL AND MEDIUM ENTERPRISES
BUSINESS ENVIRONMENT
Ehst, Michael
Sak, Sambath
Sanchez Martin, Miguel Eduardo
Van Nguyen, Lan
Entrepreneurial Cambodia : Cambodia Policy Note
geographic_facet East Asia and Pacific
Cambodia
description Entrepreneurship is multi-faceted, with a range of factors influencing the success of growth-oriented enterprises. A well-functioning entrepreneurship ecosystem includes six pillars: skilled human capital,well-functioning markets, an encouraging policy environment, availability of financing, anentrepreneurship-friendly culture, and supportive entrepreneurship organizations and networks. This policy note responds to a request from the government to assess the current state of Cambodia’s entrepreneurship ecosystem and to identify deficiencies that are holding back the success of domestic enterprises. The note assesses Cambodia’s performance across the six pillars of the entrepreneurship ecosystem. Given the important role that innovation plays in entrepreneurial outcomes, this note also includes a brief analysis of Cambodia’s national innovation system. The note provides recommendations for how the Cambodian government can use policy to create amore robust system of support for these domestic enterprises and the entrepreneurs who establishand manage them. Given Cambodia’s struggle with the missing middle of enterprises, this note focuses particularly on policies to encourage thetypes of dynamic small- and medium-enterprises (SMEs) that grow quickly and can have a potentially transformational effect on the economy. To provide some useful lessons on improving support for entrepreneurship, the note also includes international examples from countries, such as Singapore and Malaysia, that started with a similar profile of FDI-led development and, over time, have successfully putin place the conditions necessary to nurture and grow a dynamic domestic private sector.
format Policy Note
author Ehst, Michael
Sak, Sambath
Sanchez Martin, Miguel Eduardo
Van Nguyen, Lan
author_facet Ehst, Michael
Sak, Sambath
Sanchez Martin, Miguel Eduardo
Van Nguyen, Lan
author_sort Ehst, Michael
title Entrepreneurial Cambodia : Cambodia Policy Note
title_short Entrepreneurial Cambodia : Cambodia Policy Note
title_full Entrepreneurial Cambodia : Cambodia Policy Note
title_fullStr Entrepreneurial Cambodia : Cambodia Policy Note
title_full_unstemmed Entrepreneurial Cambodia : Cambodia Policy Note
title_sort entrepreneurial cambodia : cambodia policy note
publisher World Bank, Washington, DC
publishDate 2018
url http://documents.worldbank.org/curated/en/603641543599469665/Entrepreneurial-Cambodia-Cambodia-Policy-Note
http://hdl.handle.net/10986/30924
_version_ 1764473233881432064