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Corruption and bureaucracy in entrepreneurship

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dc.contributor.author Lecuna, Antonio
dc.date.accessioned 2015-09-03T15:47:47Z
dc.date.available 2015-09-03T15:47:47Z
dc.date.issued 2014-12
dc.identifier.uri http://hdl.handle.net/11447/109
dc.description.abstract Entrepreneurship has been associated with three categories of factors: (1) macroeconomic factors, such as unemployment and income; (2) factors related to government institutions, such as corruption and political stability; and (3) competitiveness-related factors, such as the capacity for innovation and the number of procedures required to start a business. In this study, I find that all three categories are equally significant and that a combination of these three categories generates the most significant statistical results. The findings also reveal that two specific indicators are consistently more significant than the others. I posit that better control of corruption and a lower unemployment rate are associated with increasing levels of entrepreneurial activity as measured by business registrations and entrepreneur participation rates. Furthermore, interaction tests between the control of corruption and competitiveness-related factors found that simultaneous decreases in corruption and the number of procedures required to start a business provide added value, jointly boosting entrepreneurial activity. Panel data from 55 nations for the 2004–2009 period support these findings es_CL
dc.format.extent 27 páginas es_CL
dc.language.iso en_US es_CL
dc.publisher School of Business and Economics, Universidad del Desarrollo es_CL
dc.relation.ispartofseries Working Paper;17
dc.subject Entrepreneurship es_CL
dc.subject Institutions es_CL
dc.subject Public policy es_CL
dc.subject Economic development es_CL
dc.title Corruption and bureaucracy in entrepreneurship es_CL
dc.type Documento de trabajo es_CL


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