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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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    1. Obschonka, Martin & Stuetzer, Michael & Gosling, Samuel D. & Rentfrow, Peter J. & Lamb, Michael E. & Potter, Jeff & Audretsch, David B., 2015. "Entrepreneurial Regions: Do Macro-psychological Cultural Characteristics of Regions help solve the “Knowledge Paradox” of Economics?," MPRA Paper 65323, University Library of Munich, Germany.
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    5. Stuetzer, Michael & Obschonka, Martin & Audretsch, David B. & Wyrwich, Michael & Rentfrow, Peter J. & Coombes, Mike & Shaw-Taylor, Leigh & Satchell, Max, 2016. "Industry structure, entrepreneurship, and culture: An empirical analysis using historical coalfields," European Economic Review, Elsevier, vol. 86(C), pages 52-72.
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    8. David B. Audretsch, 1995. "Innovation and Industry Evolution," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262011468, December.
    9. David Audretsch, 2009. "The entrepreneurial society," The Journal of Technology Transfer, Springer, vol. 34(3), pages 245-254, June.
    10. Friederike Welter & Ted Baker & Katharine Wirsching, 2019. "Three waves and counting: the rising tide of contextualization in entrepreneurship research," Small Business Economics, Springer, vol. 52(2), pages 319-330, February.
    11. Boudreaux, Christopher J. & Nikolaev, Boris N. & Klein, Peter, 2019. "Socio-cognitive traits and entrepreneurship: The moderating role of economic institutions," Journal of Business Venturing, Elsevier, vol. 34(1), pages 178-196.
    12. Audretsch, David B., 2015. "Everything in Its Place: Entrepreneurship and the Strategic Management of Cities, Regions, and States," OUP Catalogue, Oxford University Press, number 9780199351251.
    13. 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.
    Full references (including those not matched with items on IDEAS)

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