) informal institutions. Overall, the proposed institutional changes move in a liberalizing direction; however, one …

economies. Formal and informal institutions in such countries are often sub-par, but rather than being constrained by them …, entrepreneurship can often affect institutions and contribute to their evolution. We highlight three entrepreneurial responses to the … occurs. Better knowledge of entrepreneurial responses to institutions and the context in which they occur offers a promising …

In this paper, we argue that evasive entrepreneurship is an important source of innovation in the economy. Institutions … entrepreneur may earn large rents by circumventing institutional impediments. Paradoxically, institutions may be less of a … evasive entrepreneurship may be able to prevent economic development from being sti-fled by existing institutions during times …

of formal and informal institutions based on data available from the 2000s onward. We employ principal component analysis …

entrepreneurs as well as societal eudaimonic equality. The ex ante conditions for equality of well-being entail institutions that …