Identifying Key Driving Forces and Techniques: A Review on the Emerging Evidence-based Entrepreneurship

Abstract

Still divisive arguments which is going on the topic of evidence-based entrepreneurship(EBE) demands a more focused review that would enable to foster the field of nascent ideas like evidence-based management(EBMgt) as a whole. As we know evidenced-based management is a science-defined platform and EBE being a part of greater EBMgt, we can’t rule out the massive scientific rigour that will exist intact with EBE. Entrepreneurship theory consider novelty as a de facto element must be existing but the practice in evidence-based modeling needs to establish standards by existing best experiences. To provide a guideline for researchers interested in the mentioned area, this paper would like to discuss the key important factors in the further development of EBE along with major attributes already explained by prior researchers to design EBE as a broader research topic. The present paper has categorized how systematic examination of a phenomenon puts a major barrier to the advancement of evidencebased practice in entrepreneurship. Here we tried to suggest ways on how the researcher can provide with minute details and EBE that comes with academic guidance can be far more resilient in the utilization by practitioners. The paper would contain a review of previous literatures in the theme of EBE and EBMgt. In this attempt we would like to focus on how public policy institutions may use EBE as a tool to design programs for new venture and small business.