Effects of corruption on emerging entrepreneurship among college students

Cesar Ignacio León Quillas, Edwin Arango Espinal, Carlos Hernán Suárez Rodríguez and Esteban Largo Ávila
Additional contact information
Cesar Ignacio León Quillas: Universidad del Valle
Edwin Arango Espinal: Universidad del Valle
Carlos Hernán Suárez Rodríguez: Universidad del Valle
Esteban Largo Ávila: Universidad del Valle

Revista Tendencias, 2026, vol. 27, issue 02, 88-118

Abstract: Introduction: In emerging economies, corruption can act as either a barrier or a facilitator of entrepreneurship. Understanding this relationship is crucial in contexts characterized by institutional weakness. Objective: To analyze the association between nascent entrepreneurship and exposure to bribe requests among college students in southwestern Colombia. Methodology: Quantitative cross-sectional study with a survey administered to 391 students between 2022 and 2023. Linear probability and probit models were estimated to calculate marginal effects. Results: Exposure to bribery is associated with a higher likelihood of being a nascent entrepreneur (13.93 p.p., expanding to 23.38 p.p.) among those with family business backgrounds. The relationship varies according to university valuation, negative among those who perceive a high contribution, and positive among those who perceive academic deficiencies. Discussion: The findings show the coexistence of grease in the wheels and sand in the wheels effects, suggesting that the association depends on the individual’s educational profile. Conclusions: Corruption distorts entrepreneurial incentives; reducing bureaucratic barriers and strengthening institutional ethics in higher education are recommended.

Keywords: corruption; nascent entrepreneurship; college students; institutions; bribery. (search for similar items in EconPapers)
JEL-codes: D73 I23 J24 L26 O17 (search for similar items in EconPapers)
Date: 2026
References: Add references at CitEc
Citations:

Downloads: (external link)
https://revistas.udenar.edu.co/index.php/rtend/article/view/10397
https://revistas.udenar.edu.co/index.php/rtend/article/view/10397/11308

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:col:000520:023324

DOI: 10.22267/rtend.26272.298

Access Statistics for this article

More articles in Revista Tendencias from Universidad de Narino Contact information at EDIRC.
Bibliographic data for series maintained by Universidad de Narino ().