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An Institutional Perspective

In: The Changing Nature of Doing Business in Transition Economies

Author

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  • Mirela Xheneti

Abstract

Entrepreneurship has been identified as one of the main driving forces of economic development (Thurik and Wennekers, 2004) and as omnipresent in a society. Entrepreneurship is not “the particular feature of a particular social group … (but) it is inherent in every action and burdens every actor” (Mises, 1949: 252). It does not require an extensive analysis of documents to understand that the stake placed by national governments and international organizations such as the European Union (EU) or Organization for Economic Cooperation and Development (OECD) on entrepreneurship is very high. The versatility of the concept (its different definitions) and also the different manifestations of entrepreneurship (in very different types of enterprises, that is, ranging from a one person retail shop to a high-tech small company) have facilitated its use as an idealized economic subject in policy documents and government agendas according to the priorities of national governments or international organizations such as the EU (Dannreuther, 2007).

Suggested Citation

  • Mirela Xheneti, 2011. "An Institutional Perspective," Palgrave Macmillan Books, in: Marin Marinov & Svetla Marinova (ed.), The Changing Nature of Doing Business in Transition Economies, chapter 12, pages 225-255, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-33701-5_12
    DOI: 10.1057/9780230337015_12
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    Cited by:

    1. Dogmus, Özge Can & Nielsen, Jonas Ø., 2019. "Is the hydropower boom actually taking place? A case study of a South East European country, Bosnia and Herzegovina," Renewable and Sustainable Energy Reviews, Elsevier, vol. 110(C), pages 278-289.

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