Entrepreneurship, the Rule of Law, and Protection of Property Rights

Niklas Elert (), Magnus Henrekson () and Mark Sanders

Chapter 2 in The Entrepreneurial Society, 2019, pp 25-33 from Springer

Abstract: Abstract Property rights protection and the rule of law are arguably the most fundamental economic institutions of any society. They form the foundation of any entrepreneurial ecosystem and affect the effectiveness of collaborative innovation blocs. To promote an entrepreneurial society, there is therefore no alternative but to ensure that these foundational institutions are of high quality and operate effectively throughout the European Union. The reform proposals in this section aim to provide security while balancing public and private interest in limiting property rights where appropriate. While the European Union has strong legal competencies in this reform area, it has to collaborate with local, regional, and national governments to ensure that these fundamental institutions are also operational.

Keywords: Rule of law; Property rights; Institutions; Entrepreneurship (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:spr:inschp:978-3-662-59586-2_2

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DOI: 10.1007/978-3-662-59586-2_2

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