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http://hdl.handle.net/10419/36085
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| Title: | | Better means more: property rights and high-growth aspiration entrepreneurship  |
| Authors: | | Estrin, Saul Korosteleva, Julia Mickiewicz, Tomasz |
| Issue Date: | | 2009 |
| Series/Report no.: | | IZA Discussion Papers 4396 |
| Abstract: | | This paper contrasts the determinants of entrepreneurial entry and high-growth aspiration entrepreneurship. Using the Global Entrepreneurship Monitor (GEM) surveys for 42 countries over the period 1998-2005, we analyse how institutional environment and entrepreneurial characteristics affect individual decisions to become entrepreneurs and aspirations to set up high-growth ventures. We find that institutions exert different effects on entrepreneurial entry and on the individual choice to launch high-growth aspiration projects. In particular, a strong property rights system is important for high-growth aspiration entrepreneurship, but has less pronounced effects for entrepreneurial entry. The availability of finance and the fiscal burden matter for both. |
| Subjects: | | High-growth aspiration entrepreneurship entrepreneurship start-ups property rights |
| JEL: | | D23 D84 G21 J23 J24 K11 L26 P51 |
| Persistent Identifier of the first edition: | | urn:nbn:de:101:1-20091009976 |
| Document Type: | | Working Paper |
| Appears in Collections: | | IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)
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