levels, time required for start-ups, corruption levels, literacy levels, etc.). In the short- and medium-term, culture …, institutions and transactions are exogenous for the economic and societal system. The paper aims to explore the roles of cultural … institutions is conducive to opportunity entrepreneurship. Performing a sensitivity analysis, we construct a hypothetical, more …

Tolerance is a distinguishing feature of Western culture: There is a widespread attitude that people should be allowed … economic freedom (i.e., lower government expenditures, lower and more general taxes and more modest regulation) on tolerance in …, positively related to preceding increases in economic freedom, more specifically in the form of more general taxes. We suggest …