Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/46103 
Year of Publication: 
2011
Series/Report no.: 
IZA Discussion Papers No. 5481
Publisher: 
Institute for the Study of Labor (IZA), Bonn
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: 
Document Type: 
Working Paper

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