This paper investigates the impact of implicit institutions on the decision to become an entrepreneur. Implicit institutions are here defined as mindsets that have developed as the result of norms and traditions and we expect they will have an influence on risk attitudes and opportunity...

Based on five research papers, the dissertation "Institutions and Entrepreneurship" analyzes institutional influences on entrepreneurship, as well as determinants and effects of institutional change. In particular, the effects of implicit institutions, i.e. societal norms and values, on the...