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Institutions, entrepreneurship and economic growth

In: Entrepreneurial Action, Public Policy, and Economic Outcomes

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  • Tomi Ovaska

Abstract

Examining the economics of entrepreneurship from the perspectives of productive versus unproductive entrepreneurial behavior and the role of institutions in economic outcomes, the authors in this book seek to advance the research on institutions by providing a simple framework to analyze the broader, long-term consequences of economic policies. They examine the relationship between economic freedom and economic outcomes and summarize empirical evidence and theory. The book also provides practical policy solutions that are based on the authors' cogent analyses.

Suggested Citation

  • Tomi Ovaska, 2014. "Institutions, entrepreneurship and economic growth," Chapters, in: Robert F. Salvino Jr. & Michael T. Tasto & Gregory M. Randolph (ed.), Entrepreneurial Action, Public Policy, and Economic Outcomes, chapter 2, pages 9-33, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:14938_2
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    References listed on IDEAS

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    1. André Stel & Martin Carree & Roy Thurik, 2005. "The Effect of Entrepreneurial Activity on National Economic Growth," Small Business Economics, Springer, vol. 24(3), pages 311-321, February.
    2. Jonathan Levie & Erkko Autio, 2011. "Regulatory Burden, Rule of Law, and Entry of Strategic Entrepreneurs: An International Panel Study," Journal of Management Studies, Wiley Blackwell, vol. 48, pages 1392-1419, September.
    3. Justesen, Mogens K., 2008. "The effect of economic freedom on growth revisited: New evidence on causality from a panel of countries 1970-1999," European Journal of Political Economy, Elsevier, vol. 24(3), pages 642-660, September.
    4. Doucouliagos, Chris & Ulubasoglu, Mehmet Ali, 2006. "Economic freedom and economic growth: Does specification make a difference?," European Journal of Political Economy, Elsevier, vol. 22(1), pages 60-81, March.
    5. Heckelman, Jac C. & Stroup, Michael D., 2005. "A comparison of aggregation methods for measures of economic freedom," European Journal of Political Economy, Elsevier, vol. 21(4), pages 953-966, December.
    6. Dave Valliere & Rein Peterson, 2009. "Entrepreneurship and economic growth: Evidence from emerging and developed countries," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 21(5-6), pages 459-480, September.
    7. Scott Shane, 2009. "Why encouraging more people to become entrepreneurs is bad public policy," Small Business Economics, Springer, vol. 33(2), pages 141-149, August.
    8. Tomi Ovaska & Robert B. Anderson, 2010. "Why has Viimsi become the wealthiest community in post‐socialist Estonia?," International Journal of Development Issues, Emerald Group Publishing Limited, vol. 9(2), pages 146-166, July.
    9. Chris Doucouliagos, 2005. "Publication Bias in the Economic Freedom and Economic Growth Literature," Journal of Economic Surveys, Wiley Blackwell, vol. 19(3), pages 367-387, July.
    10. Heckelman, Jac C & Stroup, Michael D, 2000. "Which Economic Freedoms Contribute to Growth?," Kyklos, Wiley Blackwell, vol. 53(4), pages 527-544.
    11. Tomi Ovaska & Russell S. Sobel, 2005. "Entrepreneurship in Post-Socialist Economies," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 21(Fall 2005), pages 8-28.
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    Cited by:

    1. Tomi Ovaska & Ryo Takashima, 2020. "Caveat Emptor: Foreign Aid and Entrepreneurship," Economies, MDPI, vol. 8(1), pages 1-13, January.

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