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.
|Place of Publication||Bonn (DE)|
|Number of pages||41|
|Volume||DP No. 5481|
|Publication status||Published - Feb 2011|
|Name||IZA discussion paper series|
|No.||DP No. 5481|
© 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.
- property rights
- Global Entrepreneurship Monitor