Institutions and entrepreneurship development in Russia: a comparative perspective

Ruta Aidis, Saul Estrin, Tomasz Mickiewicz

Research output: Contribution to journalArticlepeer-review


In this paper we use a comparative perspective to explore the ways in which institutions and networks have influenced entrepreneurial development in Russia. We utilize Global Entrepreneurship Monitor (GEM) data to study the effects of the weak institutional environment in Russia on entrepreneurship, comparing it first with all available GEM country samples and second, in more detail, with Brazil and Poland. Our results suggest that Russia's institutional environment is important in explaining its relatively low levels of entrepreneurship development, where the latter is measured in terms of both number of start-ups and of existing business owners. In addition, Russia's business environment and its consequences for the role of business networks contribute to the relative advantage of entrepreneurial insiders (those already in business) to entrepreneurial outsiders (newcomers) in terms of new business start-ups.
Original languageEnglish
Pages (from-to)656-672
Number of pages17
JournalJournal of Business Venturing
Issue number6
Publication statusPublished - Nov 2008


  • entrepreneurship
  • institutions
  • networks
  • Russia
  • Poland
  • Brazil


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