Regulations and Entrepreneurship

Evidence from Developed and Developing Countries

Dados Bibliográficos

ID11634393
AutoresClaudia Alvarez (0000-0002-5240-1960, Universidad EAFIT, autor correspondente), José Ernesto Amorós (0000-0001-9601-0892, Universidad del Desarrollo), David Urbano (0000-0001-7600-8656, Universitat de Barcelona)
Ano2014
Volume24
Fascículo1Spe
Páginas81-89
Data de publicação2014-02-01
Peer ReviewedSim
Open AccessSim
TipoARTICLE
PeriódicoInnovar (JOURNAL)
Identificadores do periódicoISSN: 0121-5051 • E-ISSN: 2248-6968
EditoraUniversidad Nacional de Colombia (PUBLISHER • CO)
DOI10.15446/innovar.v24n1spe.47548
OpenAlexW2099416928
IdiomaEN
Citações recebidas8
Referências citadas43

This paper uses an institutional approach to examine the effect of regulations on entrepreneurial activity, comparing developed and developing countries. Through an unbalanced panel data set of 49 countries over the period 2001-2010 and using a combination of international databases we find a positive influence of government spending and entrepreneurship legislation on entrepreneurial activity. It was also found that regulations may have different impacts on entrepreneurship according to the country's economic development. Thus, in developed economies unemployment legislation is positively related to entrepreneurship, while this relationship is negative in other cases. This paper offers new insights both from a conceptual perspective (advancing theory concerning the factors that influence entrepreneurial activity) and a practical viewpoint (for the design of government policies to foster entrepreneurship)

Business · Developed country · Developing country · Economic growth · Economics · Employment protection legislation · Entrepreneurship · Government (linguistics · Legislation · Panel data · Perspective (graphical · Political science · Public economics · Sociology · Unemployment · Corporate Finance and Governance · Entrepreneurship Studies and Influences · Finance · Firm Innovation and Growth