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Post-Socialist Culture and Entrepreneurship

Post-Socialist Culture and Entrepreneurship

Bibliographic Data

ID2811532
AuthorsPetrik Runst (0000-0003-2483-9081, corresponding author)
Year2013
Volume72
Issue3
Pages593-626
Publication date2013-07-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueAmerican Journal of Economics and Sociology (JOURNAL)
Journal identifiersISSN: 0002-9246 • E-ISSN: 1536-7150
PublisherWiley (PUBLISHER • GB)
DOI10.1111/ajes.12022
OpenAlexW2273008688
LanguageEN
Citations received3
References cited70

In this paper it is argued that locus of control beliefs and preferences concerning state action negatively affect the formation of new firms in former socialist countries. For this purpose Kirzner's theory of costless entrepreneurship is reviewed and criticized. German reunification, in which the formerly Socialist East joined the Federal Republic of Germany, represents an intriguing natural experiment in which the formal institutional structure of one nation was almost fully transplanted into another. Traditional as well as psychological factors are examined. The results suggest that about one third of the east-west gap in new self-employment can be explained by inert informal institutions

Action (physics) · Affect (linguistics) · Economic system · Economics · Entrepreneurship · Geography · German · Political economy · Political science · Sociology · State (computer science) · Entrepreneurship Studies and Influences · Italy: Economic History and Contemporary Issues · Law · Migration, Ethnicity, and Economy

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Unique citing works3
Citations per year0,23
Citation span2013 - 2026 (14)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 3

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