Institutional deterioration and entrepreneurial investment: The role of political connections

Volume: 32, Issue: 4, Pages: 405 - 419
Published: Jul 1, 2017
Abstract
null null Although many start-ups struggle to grow partly due to institutional voids in transitioning economies, empirical observations have contradicted this dominant view in the literature in that even with deficient formal institutions many economies (e.g., China) have high rates of entrepreneurship in recent years. To understand this paradox, we propose a politically contingent view of the relationship between the institutional environment...
Paper Details
Title
Institutional deterioration and entrepreneurial investment: The role of political connections
Published Date
Jul 1, 2017
Volume
32
Issue
4
Pages
405 - 419
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