Objective: The objective of the article is to test the bidirectional association of institutions and entrepreneurship … role of institutions in entrepreneurial activity, while ignoring the role of entrepreneurship in the building of … institutions. We estimate how institutions and entrepreneurship relate to each other and contribute to economic growth. For the …

An increasing amount of literature links the quality of institutions and governance to economic performance across the … economies. In this respect, the maintenance of rule of law plays a critical role, for it encourages growth, investments and … innovations, and firm growth and business development. This article examines the effect of rule of law on economic growth in …

to laws and institutions, this in itself does not increase regulatory flexibility. The authors of the study recommend …

facilitate entrepreneurship and innovation. In contrast, if the development and coevolution of institutions and culture are …Optimal growth requires pro-growth institutions and culture. In an optimal growth pattern, institutions and culture … distorted, growth can become permanently stagnant, with a distorted creative destruction process causing weak entrepreneurship …

The decrease in the rule of law and in control of corruption in several EU countries is a threat to the cohesion in the …

This paper cuts adrift the mainstream approach to the legal-origins debate on the law-growth nexus by integrating both … overall economic and human components in our understanding of how regulation quality and the rule of law lie at the heart of … growth and human development beyond the mechanisms of law. Our results support the current consensus that, English common-law …

deemed to be of particular importance for entrepreneurship, innovation-based firm growth and its ensuing impact on the … economy. Particular aspects of entrepreneurship and economic dynamism are covered by pairs (or in one case three) coauthors …, who are renowned specialists in the area and with deep knowledge of the pertinent institutions in Sweden and the US. These …

Supportive institutional environments help build the foundations for innovative and productive entrepreneurship. A few …, complex business regulations, weak rule of law and uncertain property rights. For them, international integration can provide …