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Recent research has highlighted the role of institutions in channeling entrepreneurs into activities with positive or … reveals the bilateral causal relation between entrepreneurs and institutions. Core features of the entrepreneur force us to … view its effects on institutions as more than mechanic general equilibrium adjustments. Three analytically separate …
Persistent link: https://www.econbiz.de/10010320193
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/10010320294
The interplay between entrepreneurship and institutions is crucial for economic development; however, the view that … institutions determine the extent to which entrepreneurial activity is productive is only part of the story. We argue that … causality is bidirectional, in that entrepreneurship is also, for better or for worse, one of the main drivers of institutional …
Persistent link: https://www.econbiz.de/10011603973
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/10011806225
markets, and (vi) human capital for entrepreneurship. The reforms would likely strengthen Europe’s innovation capacity at a … effort requires extensive and broad-based institutional reforms aimed at strengthening the incentives for entrepreneurship …. Innovative entrepreneurship requires collaborations with numerous agents that provide those skills and resources that the …
Persistent link: https://www.econbiz.de/10013236458
Persistent link: https://www.econbiz.de/10010477736
institutions often act as impediments to entrepreneurship and innovation. We argue that a common yet underappreciated source of … prerequisite for innovation and entrepreneurship. This is done by putting the spotlight on the role that formal and informal …The purpose of this paper is to nuance the widely held view that well-functioning institutions are the ultimate …
Persistent link: https://www.econbiz.de/10011571385
institutions is conducive to opportunity entrepreneurship. Performing a sensitivity analysis, we construct a hypothetical, more …, institutions and transactions are exogenous for the economic and societal system. The paper aims to explore the roles of cultural …, transaction and institution characteristics in the determination of opportunity entrepreneurship, at the medium-term. A series of …
Persistent link: https://www.econbiz.de/10010506574
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/10010320095
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/10013324246