the higher rates of entrepreneurship observed in common law countries. …

to promote entrepreneurship, innovation and growth. …

and finance"- approach to entrepreneurship. We argue that more fundamental reforms are required to improve the … investigating how the interplay of institutions and productive entrepreneurship results in economic growth. …

destructive entrepreneurship. It is shown that the foundation of Baumol’s classificatory scheme is the restrictive concept of … first-best outcomes, and therefore it easily fails to appreciate the true impact of entrepreneurship in real world … circumstances characterized by suboptimal institutions. We present an alternative way of generalizing the notion of entrepreneurship …

In this paper, we argue that evasive entrepreneurship is an important source of innovation in the economy. Institutions … evasive entrepreneurship can be both productive and unproductive/destructive, its dynamic character is more important because … evasive entrepreneurship may be able to prevent economic development from being sti-fled by existing institutions during times …

prerequisite for innovation and entrepreneurship. This is done by putting the spotlight on the role that formal and informal … institutions often act as impediments to entrepreneurship and innovation. We argue that a common yet underappreciated source of … entrepreneurship. …

The interplay between entrepreneurship and institutions is crucial for economic development; however, the view that … causality is bidirectional, in that entrepreneurship is also, for better or for worse, one of the main drivers of institutional …, actively try to alter them, or evade them. Particular attention is given to evasive entrepreneurship, an entrepreneurial …

Entrepreneurship plays a pivotal role for institutional change and economic development in transition and developing …, entrepreneurship can often affect institutions and contribute to their evolution. We highlight three entrepreneurial responses to the …