KIBS Growth: Diagnosis and Suggestions for Public Policy to Promote Entrepreneurship in Portugal

Abstract

Entrepreneurial Entrepreneurial activity Entrepreneurial activity in Portugal is clearly dominated by “entrepreneurship of needs,” which may decisively limit the quality and possibility of survival of new companies in Portugal, and deceased firms do not improve Portugal’s economic productivity (Baptista 2008). Baptista and Thurik (2007) found that the great majority of new Portuguese companies are not leading agents for structural changes in markets or for increasing business productivity, thus making an insignificant contribution toward economic growth.