Corruption and bureaucracy in entrepreneurship
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.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.identifier.uri | http://hdl.handle.net/11447/109 | |
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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