We develop entrepreneurship and institutional theory to explain variation in different types of entrepreneurship across individuals and institutional contexts. Our framework generates hypotheses about the negative impact of higher levels of corruption, weaker property rights and especially...

We conceptualise social entrepreneurship as a source of social capital which, when present in the environment, enhances commercial entrepreneurship. We also argue that social entrepreneurship should be recognised as a second form of Baumol's (1990) productive entrepreneurship and that it will...

In this paper we use a comparative perspective to explore the ways in which institutions and networks have influenced entrepreneurial development in Russia. We utilize Global Entrepreneurship Monitor (GEM) data collected in 2001 and 2002 to investigate the effects of the weak institutional...

We analyze theoretically and empirically the impact of the shadow economy on entrepreneurial entry, utilising 1998-2005 individual-level Global Entrepreneurship Monitor data merged with macro level variables. A simple correlation coefficient suggests a positive linear link between the size of...

This paper introduces a new concept in addition to the traditional measures of stocks of capital, labor, human capital and knowledge, to understand the Solow Residual: National Entrepreneurial Ecosystem (NEE). The NEE construct is based on a methodology that combines institutions and human...

We develop entrepreneurship and institutional theory to explain variation in different types ofentrepreneurship across individuals and institutional contexts. Our framework generateshypotheses about the negative impact of higher levels of corruption, weaker property rightsand especially...

We analyze theoretically and empirically the impact of the shadow economy onentrepreneurial entry, utilising 1998-2005 individual-level Global Entrepreneurship Monitordata merged with macro level variables. A simple correlation coefficient suggests a positivelinear link between the size of the...

We explore the country-specific institutional characteristics likely to influence an individual’sdecision to become an entrepreneur. We focus on the size of the government, on freedomfrom corruption, and on ‘market freedom’ defined as a cluster of variables related toprotection of property...

The transition economies have lower rates of entrepreneurship than are observed in mostdeveloped and developing market economies. The difference is even more marked in thecountries of the former Soviet Union than those of Central and Eastern Europe. We link thesedifferences partly with the...