Institutions and Entrepreneurship Development in Russia: A Comparative Perspective
Saul Estrin (),
Ruta Aidis () and
No wp867, William Davidson Institute Working Papers Series from William Davidson Institute at the University of Michigan
In this paper we use a comparative perspective to explore the ways in which institutions and networks have influenced entrepreneurial development in Russia. We utilize Global Entrepreneurship Monitor (GEM) data collected in 2001 and 2002 to investigate the effects of the weak institutional environment in Russia on entrepreneurship, comparing it first with all available GEM country samples and second, in more detail, with Brazil and Poland. Our results provide strong evidence that Russia???s institutional environment is important to explain its relatively low levels of entrepreneurship development, where the latter is measured in terms of both number of start-ups and of existing business owners. In addition, Russia???s business environment contributes to the relative advantage of entrepreneurial insiders (those already in business) to entrepreneurial outsiders (newcomers) in terms of new business startups.
Keywords: Entrepreneurship; Institutions; Networks; Russia; Poland; Brazil (search for similar items in EconPapers)
JEL-codes: P36 O17 M13 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cis, nep-ent, nep-soc and nep-tra
References: Add references at CitEc
Citations View citations in EconPapers (3) Track citations by RSS feed
Downloads: (external link)
Journal Article: Institutions and entrepreneurship development in Russia: A comparative perspective (2008)
Working Paper: Institutions and Entrepreneurship Development in Russia:A Comparative Perspective (2007)
Working Paper: Institutions and Entrepreneurship Development in Russia: A Comparative Perspective (2007)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: http://EconPapers.repec.org/RePEc:wdi:papers:2007-867
Access Statistics for this paper
More papers in William Davidson Institute Working Papers Series from William Davidson Institute at the University of Michigan 724 E. University Ave, Wyly Hall 1st Flr, Ann Arbor MI 48109. Contact information at EDIRC.
Series data maintained by WDI ().