variables, and the direction of the causality are considered unidirectional and from institutions to the entrepreneurship … causality between institutions and entrepreneurship regarding to the level of economic development (Factor-driven, Efficiency … institutions and entrepreneurship is confirmed only in the innovation-driven countries, and only in the long-run. …

This paper analyzes the role of different types of institutions, such as entrepreneurship- facilitating entry … countries measured by data from EU Statistics on Income and Living Conditions (EU-SILC). We find that institutions never … affected both occupational groups in opposite ways. Our findings indicate that labor market institutions do not play an …

) informal institutions. Overall, the proposed institutional changes move in a liberalizing direction; however, one …

countries have rates of VC activity commensurable to their deep finan-cial markets, strong legal institutions and high R …

ventures. That is followed by three papers that focus on the institutions that (fail to) channel financial resources to such … ventures and two papers that analyze the relevance of labor market institutions. The special issue concludes with two papers … investigating how the interplay of institutions and productive entrepreneurship results in economic growth. …