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Formal institutions, e.g., regulations, are considered crucial determinants of entrepreneurship, but what enables regulatory change when there is a regulatory void, meaning entrepreneurship clashes with existing regulations? Drawing on public choice theory, we hypothesize that regulatory freedom...
Persistent link: https://www.econbiz.de/10013175457
innovative and evasive features. The platform was a radical, widely applied innovation that transformed the Internet landscape …
Persistent link: https://www.econbiz.de/10011442487
Although institutional reforms are necessary to increase rates of entrepreneurship in European countries, we argue that one-size-fits-all reform strategies are unlikely to be successful. Reform strategies must be informed by a better knowledge of the varieties of European capitalism and the...
Persistent link: https://www.econbiz.de/10011794584
Formal institutions, e.g., regulations, are considered crucial determinants of entrepreneurship, but what enables regulatory change when there is a regulatory void, meaning entrepreneurship clashes with existing regulations? Drawing on public choice theory, we hypothesize that regulatory freedom...
Persistent link: https://www.econbiz.de/10013330005
cost-efficient, long-term improvements, we identify the school system's capacity for knowledge-enhancing innovation as … considering evidence from regular markets that competition and the presence of for-profit actors should spur innovation. Our … analysis suggests that these factors are necessary but not sufficient conditions for innovation, tracing the obstacles to …
Persistent link: https://www.econbiz.de/10014377204
In this paper, we argue that evasive entrepreneurship is an important source of innovation in the economy. Institutions …
Persistent link: https://www.econbiz.de/10010504479
prerequisite for innovation and entrepreneurship. This is done by putting the spotlight on the role that formal and informal … institutions often act as impediments to entrepreneurship and innovation. We argue that a common yet underappreciated source of …
Persistent link: https://www.econbiz.de/10011917020
It is imperative that the economies of the European Union become more entrepreneurial to promote innovation and … to promote entrepreneurship, innovation and growth. …
Persistent link: https://www.econbiz.de/10011917026
function which, until recently, has been an underappreciated and poorly understood source of innovation and institutional …
Persistent link: https://www.econbiz.de/10011917029
Entrepreneurship plays a pivotal role for institutional change and economic development in transition and developing 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...
Persistent link: https://www.econbiz.de/10012145538