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Hernando de Soto: recipient of the 2017 Global Award for Entrepreneurship Research

Author

Listed:
  • Martin Andersson

    (Lund University)

  • Daniel Waldenström

    (CEPR, IZA, UCFS and UCLS)

Abstract

The 2017 Global Award for Entrepreneurship Research is given to Hernando de Soto, president of the Institute for Liberty and Democracy (ILD) in Lima, Peru. Over the last 30 years, Hernando de Soto has been a world-leading intellectual engaged in academic and public policy discussions on global development. He has made substantial contributions to our understanding of the informal economy and of the importance of property rights to unleash entrepreneurship and alleviate poverty and underdevelopment. His contributions have led to a new and better understanding of the role played by institutions in supporting entrepreneurship, especially in the Third World. Hernando de Soto’s work has also had major influences on policy worldwide, both in terms of conceptual understanding and practical policy measures.

Suggested Citation

  • Martin Andersson & Daniel Waldenström, 2017. "Hernando de Soto: recipient of the 2017 Global Award for Entrepreneurship Research," Small Business Economics, Springer, vol. 49(4), pages 721-728, December.
    • Handle: RePEc:kap:sbusec:v:49:y:2017:i:4:d:10.1007_s11187-017-9948-5
    DOI: 10.1007/s11187-017-9948-5
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    References listed on IDEAS

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    1. Magnus Henrekson & Anders Lundström, 2009. "The Global Award for Entrepreneurship Research," Small Business Economics, Springer, vol. 32(1), pages 1-14, January.
    2. Michael R. Carter & Pedro Olinto, 2003. "Getting Institutions “Right” for Whom? Credit Constraints and the Impact of Property Rights on the Quantity and Composition of Investment," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 85(1), pages 173-186.
    3. Dani Rodrik & Arvind Subramanian & Francesco Trebbi, 2004. "Institutions Rule: The Primacy of Institutions Over Geography and Integration in Economic Development," Journal of Economic Growth, Springer, vol. 9(2), pages 131-165, June.
    4. Baumol, William J., 1996. "Entrepreneurship: Productive, unproductive, and destructive," Journal of Business Venturing, Elsevier, vol. 11(1), pages 3-22, January.
    5. Christopher Woodruff, 2001. "Review of de Soto's The Mystery of Capital," Journal of Economic Literature, American Economic Association, vol. 39(4), pages 1215-1223, December.
    6. Jean O. Lanjouw & Philip I. Levy, 2002. "Untitled: A Study of Formal and Informal Property Rights in Urban Ecuador," Economic Journal, Royal Economic Society, vol. 112(482), pages 986-1019, October.
    7. Don Johnston & Jonathan Morduch, 2008. "The Unbanked: Evidence from Indonesia," The World Bank Economic Review, World Bank, vol. 22(3), pages 517-537, October.
    8. Bo Carlsson & Pontus Braunerhjelm & Maureen McKelvey & Christer Olofsson & Lars Persson & Håkan Ylinenpää, 2013. "The evolving domain of entrepreneurship research," Small Business Economics, Springer, vol. 41(4), pages 913-930, December.
    9. Henrekson, Magnus, 2007. "Entrepreneurship and Institutions," Working Paper Series 707, Research Institute of Industrial Economics.
    10. Daron Acemoglu & Simon Johnson, 2005. "Unbundling Institutions," Journal of Political Economy, University of Chicago Press, vol. 113(5), pages 949-995, October.
    11. Rossini, R. G. & Thomas, J. J., 1990. "The size of the informal sector in Peru: A critical comment on Hernando de Soto's El Otro Sendero," World Development, Elsevier, vol. 18(1), pages 125-135, January.
    12. Alston, Lee J & Libecap, Gary D & Schneider, Robert, 1996. "The Determinants and Impact of Property Rights: Land Titles on the Brazilian Frontier," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 12(1), pages 25-61, April.
    13. Pontus Braunerhjelm & Magnus Henrekson, 2009. "Awarding Entrepreneurship Research: A Presentation of the Global Award," Entrepreneurship Theory and Practice, , vol. 33(3), pages 809-814, May.
    14. Besley, Timothy, 1995. "Property Rights and Investment Incentives: Theory and Evidence from Ghana," Journal of Political Economy, University of Chicago Press, vol. 103(5), pages 903-937, October.
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    Cited by:

    1. Zoltan J. Acs & Saul Estrin & Tomasz Mickiewicz & László Szerb, 2018. "Entrepreneurship, institutional economics, and economic growth: an ecosystem perspective," Small Business Economics, Springer, vol. 51(2), pages 501-514, August.
    2. Alex Coad & Gregory Scott, 2018. "High-growth firms in Peru," Revista Cuadernos de Economia, Universidad Nacional de Colombia, FCE, CID, vol. 37(75), pages 671-696, May.
    3. Kusiluka, Moses M. & Chiwambo, Dorice M., 2019. "Acceptability of residential licences as quasi-land ownership documents: Evidence from Tanzania," Land Use Policy, Elsevier, vol. 85(C), pages 176-182.

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    More about this item

    Keywords

    Hernando de Soto; Global Award for Entrepreneurship Research; Entrepreneurship; Poverty; Development; Institutions;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O17 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
    • P14 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Property Rights

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