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- W22878066 abstract "The idea that corruption may, in some situations, be beneficial is widely studied within the context of growth. In the field of entrepreneurship, a unique paper by Dreher and Gassebner (2011) explicitly documents it. Their findings support the assumption that corruption “greases the wheels” of strict regulation for early-stage firms. In this article, we complement their seminal work. We provide evidence that entrepreneurs are heterogeneous in their response to the institutional environment. In particular, corruption and regulation aect entrepreneurship to dierent extent, according to the underlying motivation compelling an individual to open a business. Opportunity-driven entrepreneurs are much more aected by corruption and regulation than necessity-driven ones." @default.
- W22878066 created "2016-06-24" @default.
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- W22878066 date "2014-03-04" @default.
- W22878066 modified "2023-09-23" @default.
- W22878066 title "Greasing the wheels of entrepreneurship? A complement according to entrepreneurial motives" @default.
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