Which institutions encourage entrepreneurs to create larger firms

Saul Estrin, Julia Korosteleva, Tomasz Mickiewicz

Research output: Preprint or Working paperDiscussion paper

Abstract

We develop entrepreneurship and institutional theory to explain variation in different types of entrepreneurship across individuals and institutional contexts. Our framework generates hypotheses about the negative impact of higher levels of corruption, weaker property rights and especially intellectual property rights, and a larger state on entrepreneurs who plan to grow faster. We test these hypotheses using the Global Entrepreneurship Monitor surveys in 55 countries for 2001-2006, applying a multilevel estimation framework. We confirm our main hypotheses but we find no significant impact from intellectual property rights.
Original languageEnglish
Place of PublicationBonn (DE)
PublisherIZA
Number of pages41
VolumeDP No. 5481
Publication statusPublished - Feb 2011

Publication series

NameIZA discussion paper series
PublisherIZA
No.DP No. 5481

Bibliographical note

© 2011 The Authors. IZA Discussion Papers often represent preliminary work and are circulated to encourage discussion.
Citation of such a paper should account for its provisional character. A revised version may be
available directly from the author.

Keywords

  • institutions
  • entrepreneurship
  • government
  • property rights
  • corruption
  • Global Entrepreneurship Monitor

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  • Research Output

    • 1 Discussion paper

    Better means more: property rights and high-growth aspiration entrepreneurship

    Estrin, S., Korosteleva, J. & Mickiewicz, T., Sep 2009, Bonn (DE): IZA, 32 p. (IZA discussion paper series; no. DP No. 4396).

    Research output: Preprint or Working paperDiscussion paper

    Open Access
  • Cite this

    Estrin, S., Korosteleva, J., & Mickiewicz, T. (2011). Which institutions encourage entrepreneurs to create larger firms. (IZA discussion paper series; No. DP No. 5481). IZA.