Despite calls to integrate opportunity formation into our understanding of entrepreneurial action, the opportunity discovery model continues to dominate scholarship and practice. Current research on entrepreneurial action assumes that the core challenge for entrepreneurs is the problem of...

This study introduces a novel multidimensional measure of the entrepreneurial environment that reveals how differences in institutional arrangements influence both the rate and the type of entrepreneurial activity in a country. Drawing from institutional theory, the measure examines the...

There is increasing scholarly interest in informal entrepreneurship. We empirically examine how institutions interact to influence the informal entrepreneurship. Using a novel multi-source dataset we test institutional drivers of informal entrepreneurship in 28 innovation-driven countries during...