Institutional Frameworks In Entrepreneurship examines the economics of entrepreneurship from the perspectives of productive versus unproductive entrepreneurial behavior and the role of institutions in economic outcomes. It seeks to advance the research on institutions by providing a simple framework to analyze the broader, long-term consequences of economic policies. The authors examine the relationship between economic freedom and economic outcomes and summarize empirical evidence and theory. Important topics of public debate are covered, and the economic rules of the game are carefully analyzed for clues to provide a better path toward prosperity. The book provides practical policy solutions that are based on the authors' cogent analyses which highlight the importance of institutions for economic outcomes. It also focuses specifically on the impact of public policy and provides concrete examples regarding the role of institutions. Providing a clear summary of the institutions and entrepreneurship research this comprehensive and timely book will be of great interest to anyone involved in public policy. It also offers a practical application for academic research and a rich bibliography of the scholarship and will therefore appeal to both graduate and undergraduate students.
Contents: Foreword Preface PART I 1. Introduction R. Salvino 2. Institutions, Entrepreneurship, and Economic Growth T. Ovaska 3. Economic Freedom, Entrepreneurship, and Growth R. Coyne 4. Measures of Entrepreneurship and Institutions: A Robustness Check N. Campbell, D. Mitchell and T. Rogers 5. Entrepreneurial Starts: Nature or Nurture? B. Hobbs and M. Swaleheen 6. Institutions and Entrepreneurial Activity in the American States G. Randolph PART II 7. Institutional Change and Eminent Domain: Economic Development in the States G. Turnbull, R. Salvino and M. Tasto 8. Bureaucracy and Business: How Healthcare Policy has Guided the Invisible Hand R. Salvino 9. Does Fiscal Decentralization Result in a Better Business Climate R.S. Sobel, N. Dutta and S. Roy