Institutions and entrepreneurship development in Russia:a comparative perspective

Aidis, Ruta, Estrin, Saul and Mickiewicz, Tomasz (2008). Institutions and entrepreneurship development in Russia:a comparative perspective. Journal of Business Venturing, 23 (6), pp. 656-672.

Abstract

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 to study the effects of the weak institutional environment in Russia on entrepreneurship, comparing it first with all available GEM country samples and second, in more detail, with Brazil and Poland. Our results suggest that Russia's institutional environment is important in explaining its relatively low levels of entrepreneurship development, where the latter is measured in terms of both number of start-ups and of existing business owners. In addition, Russia's business environment and its consequences for the role of business networks contribute to the relative advantage of entrepreneurial insiders (those already in business) to entrepreneurial outsiders (newcomers) in terms of new business start-ups.

Publication DOI: https://doi.org/10.1016/j.jbusvent.2008.01.005
Divisions: Aston Business School > Economics finance & entrepreneurship
Aston Business School
Uncontrolled Keywords: entrepreneurship,institutions,networks,Russia,Poland,Brazil,Business and International Management,Management of Technology and Innovation
Full Text Link: http://discover ... 471/1/17471.pdf
Related URLs: http://www.scop ... tnerID=8YFLogxK (Scopus URL)
Published Date: 2008-11
Authors: Aidis, Ruta
Estrin, Saul
Mickiewicz, Tomasz ( 0000-0001-5261-5662)

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