This paper develops a model of costly firm creation in an economy with weak institutions, costly business environment …

Can historical institutions affect today's firm innovation? We analyze a historical experiment in 1902, when the … industrial firms in China, we show that firms in locations historically affected by the CMC rules exhibit higher innovation …

Immigrants are widely perceived as being highly entrepreneurial and important for economic growth and innovation. This … attempt to attract immigrant entrepreneurs. Not surprisingly, a large body of research on immigrant entrepreneurship has … fundamental immigrant entrepreneurship issues as well as the empirical methods and data used. The main themes we address are …

We examine immigrant entrepreneurship and the survival and growth of immigrant-founded businesses over time relative to … into the United States, comprehensive data for quantifying immigrant entrepreneurship are difficult to assemble. We combine …

country. This paper provides the first evidence that the positive effect of importing good institutions cancels out when the … receiving territories are characterized by cultural traits in conflict with those embedded in the imported institutions. We … French institutions in Protestant areas. Then, using hand-collected data on pre-Napoleonic reigns we show that kingdoms with …

-colonial autocratic institutions within ethnic groups and the emergence of autocratic institutions across countries. Diversity has … amplified the importance of institutions in mitigating the adverse effects of non-cohesiveness on productivity, while … contributing to the scope for domination, leading to the formation of institutions of the autocratic type. …

all. Our empirical evidence does, however, support not only the "primacy of institutions" view, but also the important …