Review paper
Entrepreneurship prompts institutional change in developing economies
Abstract
Entrepreneurship plays a pivotal role for institutional change and economic development in transition and developing economies. Formal and informal institutions in such countries are often sub-par, but rather than being constrained by them, entrepreneurship can often affect institutions and contribute to their evolution. We highlight three entrepreneurial responses to the institutional status quo: an abiding response, an altering response, and...
Paper Details
Title
Entrepreneurship prompts institutional change in developing economies
Published Date
May 6, 2020
Volume
34
Issue
1
Pages
33 - 53
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