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Entrepreneurship, economic development and institutions

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TLDR
The authors in this paper discuss the importance of the three stages of economic development, the factor-driven stage, the efficiency-driven and the innovation-driven stages, and present a summary of the papers in the context of the theory.
Abstract
textThis paper is an introduction to the special issue from the 3rd Global Entrepreneurship Monitor Research Conference held in Washington, D.C., in 2008. The paper has three objectives. First, to discuss the importance of the three stages of economic development, the factor-driven stage, the efficiency-driven stage and the innovation-driven stage. Second, to examine the empirical evidence on the relationship between stages of economic development and entrepreneurship. Third, to present a summary of the papers in the context of the theory.

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Knowledge spillovers and new ventures' export orientation

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Gem Research: Achievements and Challenges

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Opportunity and/or Necessity Entrepreneurship? The Impact of the Socio-Economic Characteristics of Entrepreneurs

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Varieties of Entrepreneurship: Exploring the Institutional Foundations of Different Entrepreneurship Types through ‘Varieties-of-Capitalism’ Arguments

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New Products and Corruption: Evidence from Indian Firms

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References
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Emprender en economías emergentes: el entorno institucional y su desarrollo

TL;DR: In this paper, the authors studied how institutional environmental factors interact to influence the decision of an individual entrepreneur in an emerging economy and what approaches underlay the different action points of view that coexist in institutional economics to achieve the expected institutional and economic development.
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Formal institutions and the development of entrepreneurial activity – the contingent role of corruption in emerging economies

TL;DR: In this article, the authors examined the effect of control of corruption on the relationship between formal and informal institutions and the development of the entrepreneurial activity, and found that lower levels of corruption positively moderate the effects of a country's number of procedures and education and training on the rates of entrepreneurial activity.
Journal Article

Understanding the Relationship Between Entrepreneurial Spirit and Global Competitiveness : Implications for Indonesia

TL;DR: In this paper, the authors investigated the relationship between entrepreneurial spirit and global competitiveness at the national level and found that all the entrepreneurial spirit factors have a negative relationship with global competitiveness, except for goal orientation (consisting of three indicators: growth, innovation, and internationalization).
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Does higher education make you more entrepreneurial? Causal evidence from China

TL;DR: Li et al. as mentioned in this paper used the 2017 China Household Finance Survey (CHFS) to estimate the effect of higher education on entrepreneurship for prime-aged males and found that obtaining any qualification beyond the baseline of compulsory schooling significant increases large business ownership later in life, with the maximum effect corresponding to a 3-fold increase for university graduates.
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Does trust promote entrepreneurship in a developing country

TL;DR: In this paper, the authors argue that the weak enforcement of property rights in developing countries and the consequent hold-up problem make it more efficient for entrepreneurs to produce generic goods than relationship-specific goods.
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