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Title:Which institutions encourage entrepreneurs to create larger firms? PDF Logo
Authors:Estrin, Saul
Korosteleva, Julia
Mickiewicz, Tomasz
Issue Date:2011
Series/Report no.:Discussion paper series // Forschungsinstitut zur Zukunft der Arbeit 5481
Abstract: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 intellectual property rights, and a larger state on entrepreneurs who plan to grow faster. We test these hypotheses using the Global Entrepreneurship Monitor surveys in 55 countries for 2001-2006, applying a multilevel estimation framework. We confirm our main hypotheses but we find no significant impact from intellectual property rights.
Subjects:entrepreneurship
institutions
corruption
property rights
government
Global Entrepreneurship Monitor
JEL:L26
D23
D84
J24
P11
Persistent Identifier of the first edition:urn:nbn:de:101:1-201104113544
Document Type:Working Paper
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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