Better means more: property rights and high-growth aspiration entrepreneurship

Arbeitspapier

This paper contrasts the determinants of entrepreneurial entry and high-growth aspiration entrepreneurship. Using the Global Entrepreneurship Monitor (GEM) surveys for 42 countries over the period 1998-2005, we analyse how institutional environment and entrepreneurial characteristics affect individual decisions to become entrepreneurs and aspirations to set up high-growth ventures. We find that institutions exert different effects on entrepreneurial entry and on the individual choice to launch high-growth aspiration projects. In particular, a strong property rights system is important for high-growth aspiration entrepreneurship, but has less pronounced effects for entrepreneurial entry. The availability of finance and the fiscal burden matter for both.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: IZA Discussion Papers ; No. 4396

Classification and Topics

• Classification: Wirtschaft ; Organizational Behavior; Transaction Costs; Property Rights ; Expectations; Speculations ; Banks; Depository Institutions; Micro Finance Institutions; Mortgages ; Labor Demand ; Human Capital; Skills; Occupational Choice; Labor Productivity ; Property Law ; Entrepreneurship ; Comparative Analysis of Economic Systems
• Subject: High-growth aspiration entrepreneurship ; entrepreneurship ; start-ups ; property rights ; Unternehmer ; Berufswahl ; Unternehmensgründung ; Innovation ; Unternehmenswachstum ; Institutionelle Infrastruktur ; Eigentumsrecht ; Welt

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Estrin, Saul ; Korosteleva, Julia ; Mickiewicz, Tomasz
• Event: Veröffentlichung
• (who): Institute for the Study of Labor (IZA)
• (where): Bonn
• (when): 2009

Further information

• Handle: http://hdl.handle.net/10419/36085
• URN: urn:nbn:de:101:1-20091009976
• Last update: 10.03.2025, 11:43 AM CET