We develop entrepreneurship and institutional theory to explain variation in different types of entrepreneurship across … grow faster. We test these hypotheses using the Global Entrepreneurship Monitor surveys in 55 countries for 2001 …

This paper develops the empirical and theoretical case that differences in economic institutions are the fundamental … cause of differences in economic development. We first document the empirical importance of institutions by focusing on two … “quasi-natural experiments” in history, the division of Korea into two parts with very different economic institutions and …

The effects of the quality of institutions on economic development and comparative advantage have been so far …

profits using a panel of 498 banks from 46 countries. Results show that better institutions and stronger property rights … institutions and enhanced property rights protection lead to greater flow of credit allowing firms and investors to undertake more …, credit markets fail when economic institutions fail or when governments intervene into these markets in ways that impede the …

Domestic institutions can have profound effects on international trade. This chapter reviews the theoretical and … empirical underpinnings of this insight. Particular attention is paid to contracting institutions and to comparative advantage … advantage to domestic institutions. …

effectiveness of institutions. Also, positive impact of inequality on the level of public protection of property rights is found and …

economic development. To answer this question, a new concept of the institutions-augmented Solow model is constructed. The … institutions-augmented Solow model fits the empirical data very well. It turns out that differences in physical capital, human … differences in economic development among the countries of the world. According to the institutions-augmented Solow model, the …

We develop entrepreneurship and institutional theory to explain entrepreneurial growth aspirations across individuals … employment. We further explore whether individual's social networks compensate for weaknesses in national institutions. We use … the Global Entrepreneurship Monitor surveys in 42 countries for 2001–2006, applying a multilevel estimation framework to …