IDEAS home Printed from https://ideas.repec.org/a/taf/regstd/v54y2020i6p814-826.html
   My bibliography  Save this article

Rule of law and regulatory quality as drivers of entrepreneurship

Author

Listed:
  • Mariarosaria Agostino
  • Annamaria Nifo
  • Francesco Trivieri
  • Gaetano Vecchione

Abstract

This paper investigates empirically the effects of institutions on new business formation in the Italian provinces over the period 2004–12. According to the results, local institutional quality positively affects entry rates, and its impact is stronger in high-tech industries. Among different institutional dimensions, rule of law turns out to be more important in southern lagging regions, while regulatory quality seems more relevant in the developed centre–north. In times of crisis, institutional quality loses importance in determining entries, which become more sensitive to the propensity to innovate and to human capital and infrastructural endowments.

Suggested Citation

  • Mariarosaria Agostino & Annamaria Nifo & Francesco Trivieri & Gaetano Vecchione, 2020. "Rule of law and regulatory quality as drivers of entrepreneurship," Regional Studies, Taylor & Francis Journals, vol. 54(6), pages 814-826, June.
    • Handle: RePEc:taf:regstd:v:54:y:2020:i:6:p:814-826
    DOI: 10.1080/00343404.2019.1648785
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/00343404.2019.1648785
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/00343404.2019.1648785?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Bojan Moric Milovanovic & Zoran Wittine & Zoran Bubas, 2021. "Examining Entrepreneurial Orientation €“ Performance Relationship Among Croatian Service Smes," Economic Thought and Practice, Department of Economics and Business, University of Dubrovnik, vol. 30(2), pages 509-526, december.
    2. Dogan Kesap & Ali Riza Sandalcilar, 2024. "Panel Causality Analysis of the Relationship among the Rule of Law, Technological Advances, Competitiveness, and Value-Added," Istanbul Journal of Economics-Istanbul Iktisat Dergisi, Istanbul University, Faculty of Economics, vol. 73(74-1), pages 159-191., June.
    3. Errico, Lucia & Rondinella, Sandro & Trivieri, Francesco, 2024. "Diversity in banking and new firm formation. Insights from the Italian local credit markets," International Review of Economics & Finance, Elsevier, vol. 91(C), pages 1095-1109.
    4. Ibrahim Mike Okumu & Patricia Naluwooza & Edward Bbaale, 2022. "Firm Dynamics, Job Creation and Job Destruction in Africa: Is the Quality of Institutional Environment Relevant?," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 34(6), pages 2970-3004, December.
    5. Pablo Muñoz & Jonathan Kimmitt & Ben Spigel, 2024. "Trans-contextual work: doing entrepreneurial contexts in the periphery," Small Business Economics, Springer, vol. 62(2), pages 607-628, February.
    6. Mariarosaria Agostino & Sabrina Ruberto, 2023. "Family Ties, Social Capital and Small Businesses’ Efficiency. Evidence from the Italian Food Sector," Journal of Family and Economic Issues, Springer, vol. 44(4), pages 935-955, December.
    7. Cristian Barra & Nazzareno Ruggiero, 2022. "On the impact of knowledge and institutional spillovers on RIS efficiency. Evidence from Italian regional level," Growth and Change, Wiley Blackwell, vol. 53(2), pages 702-752, June.
    8. Mariarosaria Agostino & Lucia Errico & Sandro Rondinella & Francesco Trivieri, 2022. "Do cooperative banks matter for new business creation? Evidence on Italian manufacturing industry," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 93(3), pages 637-675, September.
    9. Xue, Biao & Lin, Yan & Ren, Fangxiao & Li, Runfo, 2024. "Business environment ecosystem and manufacturing upgrading: A configurational approach," Economic Analysis and Policy, Elsevier, vol. 82(C), pages 1225-1237.
    10. Savoia, Francesco & Bandini, Federica & Bolzani, Daniela & Grassi, Eleonora, 2023. "Quality of institutions and employment dynamics of social enterprises: Evidence from Italian regions," Finance Research Letters, Elsevier, vol. 56(C).
    11. Wu, Ziqi & Xiao, Yi & Zhang, Jian & Wu, Jingyi, 2024. "Justice Reform and Entrepreneurship: Evidence from China," Economic Analysis and Policy, Elsevier, vol. 82(C), pages 1190-1203.
    12. Miguel-Angel Galindo-Martín & María-Soledad Castaño-Martínez & María-Teresa Méndez-Picazo, 2020. "The Relationship between Green Innovation, Social Entrepreneurship, and Sustainable Development," Sustainability, MDPI, vol. 12(11), pages 1-19, June.
    13. Pasiouras, Fotios & Samet, Anis, 2022. "Social capital and the cost of bank equity: Cross-country evidence," Journal of Banking & Finance, Elsevier, vol. 141(C).
    14. Mazzuca, Maria & Panzera, Elena & Ruberto, Sabrina, 2023. "The investor's participation in social impact bonds," International Review of Economics & Finance, Elsevier, vol. 86(C), pages 349-363.
    15. Shahla Akram & Zahid Pervaiz, 2024. "The role of institutions and social inclusion in trust building," Quality & Quantity: International Journal of Methodology, Springer, vol. 58(4), pages 3887-3903, August.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:regstd:v:54:y:2020:i:6:p:814-826. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/CRES20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.