How Different Formal Institutions Affect Opportunity and Necessity Entrepreneurship
By Lucio Fuentelsaz, Consuelo González, Juan Pablo Maicas, Javier Montero. 2015
227 citations recorded by the source corpus.
The objective of this research is to deepen in the role played by formal institutions on the different types of entrepreneurship (opportunity and necessity) as well as in its relative importance. The institutions we analyze are property rights, business freedom, fiscal freedom, labor freedom, financial capital and educational capital. Our results show that, in general, opportunity entrepreneurship benefits from an improvement of these institutions, while necessity entrepreneurship is damaged. This will positively influence the relative presence of opportunity entrepreneurship that is usually considered to be of greater quality and is more clearly related to economic development in a country.
Subfields: Economics and Econometrics, Information Systems, Management of Technology and Innovation
View Paper: https://www.semanticscholar.org/paper/8aedfe6a125b8869771999cc9358b6123dca6729
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In Economics and Econometrics
In Information Systems
Citations in the corpus
- How economic freedom affects opportunity and necessity entrepreneurship in the OECD countries (2017, background): “In a somewhat different line of work, Fuentelsaz et al. (2015) examine the role played by formal institutions on opportunity and necessity entrepreneurship with panel data for 63 countries between 2005 and 2012.”