contribute empirically and theoretically as to ways in which formal institutions voids can be filled by a culture developed by … to enrich theories about institutions from the point of view of culture. Knowing these facts helps transitional … transitional entrepreneurs. Indeed, in transition economies, formal institutions need to be enhanced by informal institutions to …

country. This paper provides the first evidence that the positive effect of importing good institutions cancels out when the … receiving territories are characterized by cultural traits in conflict with those embedded in the imported institutions. We … French institutions in Protestant areas. Then, using hand-collected data on pre-Napoleonic reigns we show that kingdoms with …