This paper develops a model of costly firm creation in an economy with weak institutions, costly business environment …

Immigrants are widely perceived as being highly entrepreneurial and important for economic growth and innovation. This … attempt to attract immigrant entrepreneurs. Not surprisingly, a large body of research on immigrant entrepreneurship has … fundamental immigrant entrepreneurship issues as well as the empirical methods and data used. The main themes we address are …

entrepreneurship. Here, we investigate analytically and quantitatively the trade-off between transaction costs saved and creative …

Immigrants are widely perceived as being highly entrepreneurial and important for economic growth and innovation. This … attempt to attract immigrant entrepreneurs. Not surprisingly, a large body of research on immigrant entrepreneurship has … fundamental immigrant entrepreneurship issues as well as the empirical methods and data used. The main themes we address are …

We examine immigrant entrepreneurship and the survival and growth of immigrant-founded businesses over time relative to … into the United States, comprehensive data for quantifying immigrant entrepreneurship are difficult to assemble. We combine …

In many countries entrepreneurship is promoted through tax reductions for small businesses and by various government …-return characteristics of the selected innovation project and the mode of commercialization chosen by entrepreneurs (market entry versus sale …

Institutions are important for proper economic performance, but are replaceable by trust or other social norms. We show … that when proper institutions and trust are missing, integrity of the individuals can replace them. We construct a model of … a transactions-based economy with contracts preceding the transactions, and show that any one of (1) institutions, (2 …

countries, communities on both sides of the long-gone Habsburg border have been sharing common formal institutions for a century …

This paper studies the transmission mechanism from family culture to economic institutions, by analyzing the impact of …