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Formal institutions, e.g., regulations, are considered crucial determinants of entrepreneurship, but what enables … regulatory change when there is a regulatory void, meaning entrepreneurship clashes with existing regulations? Drawing on public … of entrepreneurship. …
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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. …
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