Working Paper: CEPR ID: DP8247
Authors: Saul Estrin; Julia Korosteleva; Tomasz Mickiewicz
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.
Keywords: corruption; entrepreneurship; global entrepreneurship monitor; government institutions; property rights
JEL Codes: D23; D84; J24; L26; P11
Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.
| Cause | Effect |
|---|---|
| Corruption (D73) | Employment Growth Aspirations (J68) |
| Stronger Property Rights (P14) | Employment Growth Aspirations (J68) |
| Larger State Sector (H19) | Employment Growth Aspirations (J68) |
| Intellectual Property Rights (O34) | Employment Growth Aspirations (J68) |