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Impact of Institutional Coordination on National Entrepreneurship: A Conceptual Framework

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Four Essays on International Entrepreneurship

Abstract

The objective of this paper is to understand how the institutional context of a country affects the rate of its entrepreneurship. Drawing upon varieties of capitalism and the network approach, we propose a counterintuitive approach to cross-country institutional environments to elucidate how political and economic institutions of coordinated market economies (CMEs) negatively affect the early stage of entrepreneurship. To support our assertion, an empirical examination is conducted using Global Entrepreneurship Monitor data. Furthermore, we examine the institutional impact on the early stages of entrepreneurial process to explore underlying reasons why institutional coordination of CMEs constrains the early stages of entrepreneurship.

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Authors
  1. Kim Clark
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  2. Gordian Rättich
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  3. Evi Hartmann
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Clark, K., Rättich, G., Hartmann, E. (2011). Impact of Institutional Coordination on National Entrepreneurship: A Conceptual Framework. In: Four Essays on International Entrepreneurship. Gabler. https://doi.org/10.1007/978-3-8349-6900-2_4

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