A country-level institutional perspective on entrepreneurship productivity: The effects of informal economy and regulation
Type
journal article
Author(s)
Abstract (De)
Developing the concept of institutional incongruence and employing panel data from 60 countries, we outline an alternative view of the informal economy and the effects of regulative institutions onentrepreneurship productivity. We findevidencethatthe informaleconomy's size is, largely, negatively associated with entrepreneurship productivity, and that in the presence of a large informal economy, governmental efforts to improve governance quality can be counterproductive. Our results suggest policy interventions aimed at changing institutions to practice formal entrepreneurship should be implemented cautiously to avoid inducing institutional incongruence.
Language
English
HSG Classification
contribution to scientific community
HSG Profile Area
Global Center for Entrepreneurship + Innovation
Refereed
Yes
Official URL
Subject(s)
Division(s)
Contact Email Address
joakim.vincent@unisg.ch
Eprints ID
259443
File(s)![Thumbnail Image]()
open.access
Name
A country-level institutional perspective on entrepreneurship_JBV.pdf
Size
662.06 KB
Format
Adobe PDF
Checksum (MD5)
1fb8eeb95a1f20e3b15ad7cbd50bed97