Business regulation and red tape in the entrepreneurial economy
2010 (English)Report (Other academic)
This paper discusses the interrelationship between business regulations and entrepreneurial activities. Most empirical studies find that business regulations have a negative effect on the amount of entrepreneurial activities in an economy. In addition, we argue that the regulatory quality and amount of business regulation may also be influenced by the amount of entrepreneurial activities in the society since policymakers and bureaucrats tend to respond to changing conditions in the society. In the empirical part of the paper, data for 23 OECD countries for the period 1972-2002 in order to elaborate on the interrelationship between entrepreneurship and the quality of business regulations. The empirical findings indicate that there is a positive relationship between entrepreneurship, and the quality of business regulations.
Place, publisher, year, edition, pages
CESIS, KTH Royal Institute of Technology , 2010. , 24 p.
CESIS Working Paper Series in Economics and Institutions of Innovation, 225
entrepreneurship, red tape, business regulation
IdentifiersURN: urn:nbn:se:kth:diva-67389OAI: oai:DiVA.org:kth-67389DiVA: diva2:484907
QC 201202092012-02-092012-01-272012-02-09Bibliographically approved