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Institutions and entrepreneurship

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  • David B. Audretsch

    (Indiana University)

Abstract

This paper provides an analysis of how thinking about the links between institutions and entrepreneurship has evolved over time. In its incipient phase, research largely viewed entrepreneurship as being independent of institutions and shaped solely by the personality attributes and characteristics of the entrepreneur. However, a reaction to the entrepreneur in isolation views entrepreneurship as being shaped and influenced by context. Institutions, public policy and culture are key components of the entrepreneurial context. Most recently, new thinking suggests that the causality can also be reversed, in that entrepreneurship may shape the institutions characterizing the context.

Suggested Citation

  • David B. Audretsch, 2023. "Institutions and entrepreneurship," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 13(3), pages 495-505, September.
    • Handle: RePEc:spr:eurasi:v:13:y:2023:i:3:d:10.1007_s40821-023-00244-5
    DOI: 10.1007/s40821-023-00244-5
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    References listed on IDEAS

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    8. Martin Obschonka & Michael Stuetzer & Samuel D Gosling & Peter J Rentfrow & Michael E Lamb & Jeff Potter & David B Audretsch, 2015. "Entrepreneurial Regions: Do Macro-Psychological Cultural Characteristics of Regions Help Solve the “Knowledge Paradox” of Economics?," PLOS ONE, Public Library of Science, vol. 10(6), pages 1-21, June.
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