Better means more:property rights and high-growth aspiration entrepreneurship

Estrin, Saul, Korosteleva, Julia and Mickiewicz, Tomasz (2009). Better means more:property rights and high-growth aspiration entrepreneurship. Discussion Paper. IZA, Bonn (DE).

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.

Divisions: Aston Business School > Economics, Finance & Entrepreneurship
Aston Business School
Uncontrolled Keywords: high-growth aspiration entrepreneurship,entrepreneurship,start-ups,property rights
Full Text Link: http://ftp.iza.org/dp4396.pdf
Related URLs: http://www.iza. ... ract?dp_id=4396 (Publisher URL)
Published Date: 2009-09
Authors: Estrin, Saul
Korosteleva, Julia
Mickiewicz, Tomasz ( 0000-0001-5261-5662)

Export / Share Citation


Statistics

Additional statistics for this record