Enterprise creation & anti-commons in developing economies: evidence from World Bank doing business data
AbstractAbstract: This paper looks at the tragedy of anti-commons and its implications on enterprise creation in developing economies. The most important features of the anti-commons are captured under a simplified theoretical economic model. The empirical part uses the data from “Doing Business” of the World Bank, to test for the high costs implied by scattered and fragmented decisions related to enterprise creation in developing economies. The attained results show the prevalence of anti-commons in relation to the development of new enterprises in developing economies relative to more developed countries. This points out how anti-commons can limit development and market economies through reducing business and enterprise creation and expansion. Awareness and development of appropriate remedies to anti-commons are among the means to ensure higher economic and social achievements.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 32373.
Date of creation: 16 Apr 2011
Date of revision: 22 Jul 2011
Anti-commons; Enterprise Creation; Licensing and Costs;
Find related papers by JEL classification:
- D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
- D73 - Microeconomics - - Analysis of Collective Decision-Making - - - Bureaucracy; Administrative Processes in Public Organizations; Corruption
- D43 - Microeconomics - - Market Structure and Pricing - - - Oligopoly and Other Forms of Market Imperfection
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