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Formal institutions, e.g., regulations, are considered crucial determinants of entrepreneurship, but what enables regulatory change when there is a regulatory void, meaning entrepreneurship clashes with existing regulations? Drawing on public choice theory, we hypothesize that regulatory freedom...
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Poverty reduction has increasingly become a core subject for researchers across the social sciences from economics to … way to resolve and reduce the poverty problem. We show how to overcome institutional voids by facilitating two fundamental …-depth interviews covering 335 counties of 16,500 villages involved with Taobao in 2007–2017 in China. The findings shed insight on the …
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