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We develop entrepreneurship and institutional theory to explain variation in different types of entrepreneurship across individuals and institutional contexts. Our framework generates hypotheses about the negative impact of higher levels of corruption, weaker property rights and especially...
Persistent link: https://www.econbiz.de/10008839291
Utilitarian foundations for limited government are shaky insofar as they assume rational and consistent individuals … on the scope of government intervention. …
Persistent link: https://www.econbiz.de/10011079233
Using a unique sample of new Ph.D. economists in 1987 and 1997, we examine how job seekers and their employers alter their search strategies in strong versus weak markets. The 1987 academic market was strong while the 1997 market was much weaker. A multimarket theory of optimal search suggests...
Persistent link: https://www.econbiz.de/10005763669
entrepreneur. We focus on the size of the government, on freedom from corruption, and on 'market freedom' defined as a cluster of …. Our results indicate that entrepreneurial entry is inversely related to the size of the government, and more weakly to the … removed from the sample but unlike the size of government, the results on corruption are not confirmed by country-level fixed …
Persistent link: https://www.econbiz.de/10008466014
of labor market institutions and government intervention. In particular, technology change is induced by rigid wage … commodity prices, openness induces the government to subsidize technological innovation in the developed country because …
Persistent link: https://www.econbiz.de/10005566677