's institutions ('rules of the game'). Two stylized institutional variants of market selection and one of government selection are …

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 …

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

Recent research has highlighted the role of institutions in channeling entrepreneurs into activities with positive or … reveals the bilateral causal relation between entrepreneurs and institutions. Core features of the entrepreneur force us to … view its effects on institutions as more than mechanic general equilibrium adjustments. Three analytically separate …

determinants. We add to the literature by investigating whether the degree to which economic institutions and policies are market …

classify the budding research field that explores the interplay between institutions and entrepreneurship. Institutions channel … development of nations. What’s more, entrepreneurship is not only influenced by institutions—entrepreneurs often shape … institutions themselves. Entrepreneurship abiding by existing institutions is occasionally disruptive enough to challenge the …

In this paper, we argue that evasive entrepreneurship is an important source of innovation in the economy. Institutions … entrepreneur may earn large rents by circumventing institutional impediments. Paradoxically, institutions may be less of a … evasive entrepreneurship may be able to prevent economic development from being stifled by existing institutions during times …