Institutional settings and the resulting incentive structures are crucial for economic development. The type of entrepreneurial activity and the entrepreneurial effort are especially dependent on underlying incentive structures. We argue that institutions with better incentive structures for...

Based on five research papers, the dissertation "Institutions and Entrepreneurship" analyzes institutional influences on entrepreneurship, as well as determinants and effects of institutional change. In particular, the effects of implicit institutions, i.e. societal norms and values, on the...