Entry-regulation and corruption: grease or sand in the wheels of entrepreneurship? Fresh evidence according to entrepreneurial motives
(2024) Small Business Economics : an entrepreneurship journal — Vol. 62, n° 3, p. 1223-1272 (2024)
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- Authors
Laurent, Hélène 
- Abstract
- The relationship between entry-regulation, corruption, and entrepreneurship is controversial in the literature. Using a broad cross-country dataset to deepen the investigation, this paper distinguishes opportunity and necessity-motivated entrepreneurship in different development contexts. Corruption might grease the wheels of ineffective administrative machinery in developing countrieswith heavy entry-regulation. Yet, the marginal effect of corruption will generally be non-significant in other developing countries and in developed countries. Moreover, our results suggest that corruption deters opportunity-motivated entrepreneurship —the type of entrepreneurship that may contribute the most to productivity, economic growth, and development— in developed countries.
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Citations
Dejardin, M., & Laurent, H. (2024). Entry-regulation and corruption: grease or sand in the wheels of entrepreneurship? Fresh evidence according to entrepreneurial motives. Small Business Economics : an entrepreneurship journal, 62(3), 1223-1272. https://doi.org/10.1007/s11187-023-00802-1 (Original work published 2024)