basic premise is that entrepreneurship is a central driver of economic renewal and change, and that institutions affect both … the supply and direction of entrepreneurship. While local institutions always develop and operate against the backdrop of … and stringency of enforcement) and informal (e.g., attitudes and social legitimacy) institutions. We further argue that …

specialists in the area and with deep knowledge of the pertinent institutions in Sweden and the US. These two countries have been …

for growth. To secure industrial dynamics and growth in the long term, institutions must be designed both to encourage …

for growth. To secure industrial dynamics and growth in the long term, institutions must be designed both to encourage …

In this paper, we argue that evasive entrepreneurship is an important source of innovation in the economy. Institutions … entrepreneur may earn large rents by circumventing institutional impediments. Paradoxically, institutions may be less of a … evasive entrepreneurship may be able to prevent economic development from being stifled by existing institutions during times …