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Entrepreneurship and Weak Institutions in Latin America

Year: 2018
Type: article
Abstract: This paper seeks to explain how heterogeneity in governmental institutions across countries affects entrepreneurial activity.Drawing on insights from institutional theory and based on panel data from eighteen Latin American nations for the 2002-2014 period, the findings presented here suggest that (1) decreasing the number of days required to start a business increases the ratio of high-growth entrepreneurs; (2) corruption increases the number of newly registered corporations per 1,000 working-age people; and (3) increasing the time required to start a business decreases the growth expectation of early-stage entrepreneurial activity across nations.
Language: English
Open Access status: green
OpenAlex ID: W2909596000
FWCI: 2.011
Cites:
Cited by: 8
Related to: 10