institutions is examined in this paper. Entrepreneurs affect institutions in at least three ways. Entrepreneurship abiding by …Previous research, notably Baumol (1990), has highlighted the role of insti-tutions in channeling entrepreneurial … supply into productive, unproductive or destructive activities. However, entrepreneurship is not only influenced by …

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 … direction of entrepreneurial activity. Four key institutions are explored more closely: property rights protection, savings …

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 …

Entrepreneurship policy mainly aims to promote innovative “Schumpeterian” entrepreneurship. However, the rate of … entrepreneurship is commonly proxied using quantity-based metrics, such as small business activity, the self-employment rate or the … entrepreneurship. In order to unambiguously identify high-impact entrepreneurs we focus on self-made billionaires (in USD) who appear …

development of nations. What’s more, entrepreneurship is not only influenced by institutions—entrepreneurs often shape … classify the budding research field that explores the interplay between institutions and entrepreneurship. Institutions channel … 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 … evasive entrepreneurship may be able to prevent economic development from being stifled by existing institutions during times … entrepreneur may earn large rents by circumventing institutional impediments. Paradoxically, institutions may be less of a …

burdens have higher entrepreneurship rates but less self-employment. Europe has a higher self-employment rate than the United … States and East Asia. At the same time, Europe has a lower entrepreneurship rate than competitor regions. Europe … underperforms in entrepreneurship despite having advantages such as a skilled labour force, good infrastructure, large markets and …

Taxation theory rarely takes entrepreneurship into consideration. We discuss how this omission affects conclusions … entrepreneurship often omitted by standard capital taxation theory are incorporated into the analysis. This includes the lack of a well … entrepreneurial effort, entrepre-neurial innovation and capital investment. Because of these constraints, the entrepreneurial project …

strong economic development in Sweden during the last two decades, namely product market reforms and incentives to innovate …s and offers ideas for additional policy reforms that would pave the way for continued successful economic development. …

deemed to be of particular importance for entrepreneurship, innovation-based firm growth and its ensuing impact on the … economy. Particular aspects of entrepreneurship and economic dynamism are covered by pairs (or in one case three) coauthors …, who are renowned specialists in the area and with deep knowledge of the pertinent institutions in Sweden and the US. These …