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-employment. -- Entrepreneurship ; Innovation ; Institutions ; Regulation ; Self-employment … measures to proxy for entrepreneurship often gives rise to misleading inferences. Interestingly the rate of billionaire …, more venture capital investment and lower regulatory burdens have higher entrepreneurship rates but less self …
Persistent link: https://www.econbiz.de/10009721267
In this paper, we argue that evasive entrepreneurship is an important source of innovation in the economy. Institutions … evasive entrepreneurship may be able to prevent economic development from being sti-fled by existing institutions during times … entrepreneur may earn large rents by circumventing institutional impediments. Paradoxically, institutions may be less of a …
Persistent link: https://www.econbiz.de/10010416707
classify the budding research field that explores the interplay between institutions and entrepreneurship. Institutions channel … development of nations. What's more, entrepreneurship is not only influenced by institutions - entrepreneurs often shape … institutions themselves. Entrepreneurship abiding by existing institutions is occasionally disruptive enough to challenge the …
Persistent link: https://www.econbiz.de/10013137333
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 … direction of entrepreneurial activity. Four key institutions are explored more closely: property rights protection, savings …
Persistent link: https://www.econbiz.de/10012750348
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 … direction of entrepreneurial activity. Four key institutions are explored more closely: property rights protection, savings …
Persistent link: https://www.econbiz.de/10014049341
institutions that foster the emergence of competence blocs and the creation of HGFs. In particular, our analysis points to the … pivotal roles played by tax structures, labor market regulation, and the contestability of currently closed service markets …. Finally, we characterize institutions beneficial for sclerotic or dynamic capitalism, respectively, depending on whether they …
Persistent link: https://www.econbiz.de/10013062866
While entrepreneurship researchers agree that institutions ‘matter’ for entrepreneurship, they also have a rather … encompassing understanding of institutions as almost any external factor that influences entrepreneurship. Ultimately, this …. But which institutions are most influential? How do these institutions relate to different types of entrepreneurship? And …
Persistent link: https://www.econbiz.de/10014115434
Formal institutions, e.g., regulations, are considered crucial determinants of entrepreneurship, but what enables … regulatory change when there is a regulatory void, meaning entrepreneurship clashes with existing regulations? Drawing on public … of entrepreneurship. …
Persistent link: https://www.econbiz.de/10013175457
into productive, unproductive or destructive activities. However, entrepreneurship is not only influenced by institutions … examined in this paper. Entrepreneurs affect institutions in at least three ways. Entrepreneurship abiding by existing …Previous research, notably Baumol (1990), has highlighted the role of institutions in channeling entrepreneurial supply …
Persistent link: https://www.econbiz.de/10014196002
Innovation often takes place in entrepreneurial ecosystems. We use the history of the Silicon Valley venture capital … model and the Hollywood motion picture industry to illustrate how specialized institutions that regulate these …. Schumpeterian entrepreneurs not only create new companies; they also create new institutions as an integral part of the …
Persistent link: https://www.econbiz.de/10012660131