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Entrepreneurship in Post-Socialist Economies

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Author Info
Tomi Ovaska (Department of Economics, University of Regina)
Russell S. Sobel (Department of Economics, West Virginia University)

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Abstract

Following the disintegration of the Soviet Union in December 1991, the former Soviet republics and many other Eastern European nations began their transition from socialism to capitalism. Private sector entrepreneurship, an activity that had been illegal for decades, not only became legal but it also became essential for the creation of wealth and economic progress in these countries. In this paper we examine the rates of entrepreneurial activity in these post-socialist economies, and attempt to uncover the policies and institutions that appear to be the most highly correlated with a country’s success (or failure) in promoting entrepreneurial activity.

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File URL: http://www.be.wvu.edu/div/econ//work/pdf_files/04-06.pdf
File Format: application/pdf
File Function: First version, October 2004
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Publisher Info
Paper provided by Department of Economics, West Virginia University in its series Working Papers with number 04-06.

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Length: 24 pages
Date of creation: 2004
Date of revision:
Handle: RePEc:wvu:wpaper:04-06

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Postal: P.O. Box 6025, Morgantown, WV 26506-6025
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Web page: http://www.be.wvu.edu/div/econ/
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Find related papers by JEL classification:
E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
H10 - Public Economics - - Structure and Scope of Government - - - General
P20 - Economic Systems - - Socialist Systems and Transition Economies - - - General

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Israel M. Kirzner, 1997. "Entrepreneurial Discovery and the Competitive Market Process: An Austrian Approach," Journal of Economic Literature, American Economic Association, vol. 35(1), pages 60-85, March. [Downloadable!] (restricted)
  2. Nauro F. Campos & Fabrizio Coricelli, 2002. "Growth in Transition: What We Know, What We Don't, and What We Should," William Davidson Institute Working Papers Series 470, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]
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  3. John S. Earle & Zuzana Sakova, 1999. "Entrepreneurship from Scratch: Lessons on the Entry Decision into Self-Employment from Transition Economies," IZA Discussion Papers 79, Institute for the Study of Labor (IZA). [Downloadable!]
  4. Leleux, Benoit & Surlemont, Bernard, 2003. "Public versus private venture capital: seeding or crowding out? A pan-European analysis," Journal of Business Venturing, Elsevier, vol. 18(1), pages 81-104, January. [Downloadable!] (restricted)
  5. John McMillan & Christopher Woodruff, 2002. "The Central Role of Entrepreneurs in Transition Economies," Journal of Economic Perspectives, American Economic Association, vol. 16(3), pages 153-170, Summer. [Downloadable!] (restricted)
  6. Jason Henderson, 2002. "Building the rural economy with high-growth entrepreneurs," Economic Review, Federal Reserve Bank of Kansas City, issue Q III, pages 45-70. [Downloadable!]
  7. Daniel Berkowitz & David DeJong, 2001. "Entrepreneurship and Post-Socialist Growth," William Davidson Institute Working Papers Series 406, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Peter T. Leeson & Russell S. Sobel, 2006. "Contagious Capitalism," Working Papers 06-04, Department of Economics, West Virginia University. [Downloadable!]
  2. Nathan J. Ashby & Russell S. Sobel, 2006. "Income Inequality and Economic Freedom in the U.S. States," Working Papers 06-08, Department of Economics, West Virginia University. [Downloadable!]
  3. Russell S. Sobel, 2006. "Testing Baumol: Institutional Quality and the Productivity of Entrepreneurship," Working Papers 06-06, Department of Economics, West Virginia University. [Downloadable!]
  4. Axel Dreher & Martin Gassebner, 2007. "Greasing the Wheels of Entrepreneurship? The Impact of Regulations and Corruption on Firm Entry," CESifo Working Paper Series CESifo Working Paper No. , CESifo GmbH. [Downloadable!]
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