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 sti-fled by existing institutions during times …

-employment. -- Entrepreneurship ; Innovation ; Institutions ; Regulation ; Self-employment …

Previous research, notably Baumol (1990), has highlighted the role of insti-tutions in channeling entrepreneurial … institutions—entrepreneurs often help shape institutions themselves. The bilateral causal relation between entrepreneurs and … institutions is examined in this paper. Entrepreneurs affect institutions in at least three ways. Entrepreneurship abiding by …

Previous research, notably Baumol (1990), has highlighted the role of institutions in channeling entrepreneurial supply … into productive, unproductive or destructive activities. However, entrepreneurship is not only influenced by institutions … - entrepreneurs often help shape institutions themselves. The bilateral causal relation between entrepreneurs and institutions is …

direction of entrepreneurial activity. Four key institutions are explored more closely: property rights protection, savings … policies, taxation, and the regulation of labor markets. Institutions have far-reaching effects on entrepreneurship, and they … entrepreneurship to the institutional setup it is maintained that in-depth analyses of specific institutions are required in order to …