This article investigates the influence of informal and formal institutions on the university students' decision of becoming employer entrepreneurs (university students that create a new firm with employees) in the context of Catalonia. A sample of 1207 students from the Universitat Autònoma de...

This paper explores the institutional factors that encourage opportunity entrepreneurship in order to achieve higher rates of economic growth. We suggest that institutions may not have an automatic effect, as is typically assumed in growth models. Rather, a mechanism is required to serve as a...