Which institutions encourage entrepreneurs to create larger firms

Estrin, Saul, Korosteleva, Julia and Mickiewicz, Tomasz (2011). Which institutions encourage entrepreneurs to create larger firms. Discussion Paper. IZA, Bonn (DE).

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.

Divisions: Aston Business School > Economics finance & entrepreneurship
Aston Business School
Additional Information: © 2011 The Authors. IZA Discussion Papers often represent preliminary work and are circulated to encourage discussion. Citation of such a paper should account for its provisional character. A revised version may be available directly from the author.
Uncontrolled Keywords: institutions,entrepreneurship,government,property rights,corruption,Global Entrepreneurship Monitor
Full Text Link:
Related URLs: http://ftp.iza.org/dp5481.pdf (Publisher URL)
Published Date: 2011-02
Authors: Estrin, Saul
Korosteleva, Julia
Mickiewicz, Tomasz ( 0000-0001-5261-5662)

Download

[img]

Version: Draft Version

| Preview

Export / Share Citation


Statistics

Additional statistics for this record