The institutions which provide the framework for economic activity matter as countries around the world strive for economic growth this book examines how institutional arrangements are critical in fostering entrepreneurship through 12 case studies drawn from asia europe and america the book demonstrates how different institutional . Institutions such as regulations laws norms matter for entrepreneurship and the authors provide an excellent analysis how institutional asymmetries shape the nature and extent of entrepreneurial activity this book is a must read for all of us interested in entrepreneurship and institutions not least because of its theoretical ideas but . Entrepreneurship and development cause or consequence rather for economic development to take place certain institutions must be present in order for the entrepreneurial a spect of human action to flourish after further developing this theoretical insight an in depth analysis of the institutions n ecessary for entrepreneurship are considered jel classification o100 b53 m130 . Institutions have far reaching effects on entrepreneurship and they largely determine whether or not entrepreneurial activity will be socially productive due to the responsiveness of entrepreneurship to the institutional setup it is maintained that in depth analyses of specific institutions are required in order to further our understanding . Institutions and entrepreneurship 181 between different groups or across different spheres in settings where
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