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Entrepreneurship plays a pivotal role for institutional change and economic development in transition and developing …, entrepreneurship can often affect institutions and contribute to their evolution. We highlight three entrepreneurial responses to the … economies. Formal and informal institutions in such countries are often sub-par, but rather than being constrained by them …
Persistent link: https://www.econbiz.de/10012137563
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
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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
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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
conceptual model to illustrate and map the interdependence between evasive entrepreneurship and the regulatory response it … innovative and evasive features. The platform was a radical, widely applied innovation that transformed the Internet landscape …, yet its founders became convicted criminals because of it. Applying the evasive entrepreneurship framework to this case …
Persistent link: https://www.econbiz.de/10011420647
Although institutional reforms are necessary to increase rates of entrepreneurship in European countries, we argue that … of formal and informal institutions based on data available from the 2000s onward. We employ principal component analysis … strategies are appropriate to promote entrepreneurship and economic growth in European countries in different clusters. …
Persistent link: https://www.econbiz.de/10011444478
burdens have higher entrepreneurship rates but less self-employment. Europe has a higher self-employment rate than the United … States and East Asia. At the same time, Europe has a lower entrepreneurship rate than competitor regions. Europe … underperforms in entrepreneurship despite having advantages such as a skilled labour force, good infrastructure, large markets and …
Persistent link: https://www.econbiz.de/10010437056