Purpose The extant literature on emerging economies states that the development of the institutional context contributes to the creation of hypercompetitive conditions. The purpose of this paper is to test this assertion by using data from both developing and developed countries....

Several authors claim that voters in new democracies reward deficits at the polls and this fact is due to a lack of 'voter sophistication'. We test this claim for gubernatorial elections in Brazil, an important case study since it is the fourth most populous democracy in the world, displays a...

Purpose: The purpose of this paper is to investigate the effect of government-led programs on the engagement of individuals in entrepreneurship. Design/methodology/approach: The authors worked with government-led programs of 16 European countries between 2003 and 2014 and were able to benefit...