the role of business taxation, employment security laws, credit market policies, wage-setting institutions and the size of ….S. industrial distribution as a benchmark that reflects a comparatively neutral set of policies and institutions, Sweden …

most previous studies. This gives more scope for investigating the impact of institutions. Moreover, we use a unique data … are either unwilling or unable to cross. The analysis of the institutions and rules of the game determining the …

Previous research, notably Baumol (1990), has highlighted the role of insti-tutions in channeling entrepreneurial … institutions—entrepreneurs often help shape institutions themselves. The bilateral causal relation between entrepreneurs and … institutions is examined in this paper. Entrepreneurs affect institutions in at least three ways. Entrepreneurship abiding by …

, who are renowned specialists in the area and with deep knowledge of the pertinent institutions in Sweden and the US. These …

institutions. We present an alternative way of generalizing the notion of entrepreneurship and show how and why it encompasses the … of institutions constitutes an important set of entrepreneurial profit opportunities. An implication of this is that … entrepreneurial efforts to reform or offset inefficient institutions can in some cases be welfare-improving. …

. We analyze institutions and policies conducive to structural transformation, in particular the expansion of high … a number of institutions that encourage the creation of HGFs and promote structural transformation. In particular, our …

direction of entrepreneurial activity. Four key institutions are explored more closely: property rights protection, savings … policies, taxation and the regulation of labor markets. Institutions have far-reaching effects on entrepreneurship, and they … entrepreneurship to the institutional setup it is maintained that in-depth analyses of specific institutions are required in order to …