Institutional Schisms: The Impact of Intergovernmental Organizations on Entrepreneurship

In times of anti-globalization movements, we study how intergovernmental organizations (IGOs), as the epitome of globalization believes, impact entrepreneurship in countries with different development levels. More specifically, we introduce the novel concept of institutional schisms, as the misalignment of national institutions and supranational institutions, to the concept of formal and informal entrepreneurship in least developed, emerging,...