EVALUATING THE DETERMINANTS OF FORMAL ENTREPRENEURSHIP: AN INSTITUTIONAL ASYMMETRY PERSPECTIVE

IF 1.3 Q3 BUSINESS

Journal of Developmental Entrepreneurship Pub Date : 2021-03-26 DOI:10.1142/S1084946721500060

H. Makhdoom, Cai Li, Shoaib Asim, Majid Murad

引用次数: 0

Abstract

Our study explores the effect of institutions in determining the prevalence of formal entrepreneurship and investigates the entrepreneurial choice in response to these institutions. To pursue the objectives of the study, we utilized eleven years of data from 23 countries of the Asian region. As explanatory variables, entry regulations were taken as a proxy measure of formal institutions; whereas, social capital was considered a proxy measure of informal institutions. Based on the nature of data, we applied a pooled OLS regression model to examine the influence of explanatory variables on the entrepreneurial choice. The findings proclaimed that at an individual level, both formal and informal institutions have a negative effect on entry into formal entrepreneurship. Further, the estimations of the interaction terms revealed the existence of asymmetry between formal and informal institutions regarding that negative influence on entry into formal entrepreneurship.

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正式创业的决定因素评估：制度不对称视角

我们的研究探讨了制度在决定正式创业盛行率方面的作用，并调查了对这些制度的创业选择。为了实现这项研究的目标，我们使用了来自亚洲地区23个国家的11年数据。作为解释变量，入境条例被视为正式机构的一项替代措施；而社会资本则被认为是非正式制度的一种替代衡量标准。基于数据的性质，我们应用集合OLS回归模型来检验解释变量对创业选择的影响。研究结果表明，在个人层面上，正式和非正式机构都对进入正式创业产生负面影响。此外，对互动术语的估计揭示了正规和非正规机构之间存在不对称性，即对进入正规创业的负面影响。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Journal of Developmental Entrepreneurship BUSINESS-

CiteScore

2.10

自引率

0.00%

发文量

期刊介绍： The Journal of Developmental Entrepreneurship (JDE) provides a forum for the dissemination of descriptive, empirical, and theoretical research that focuses on issues concerning microenterprise and small business development, especially under conditions of adversity. The intended audiences for JDE are scholars who study issues of developmental entrepreneurship and professionals involved in governmental and non-governmental efforts to facilitate entrepreneurship in economic and community development programs around the world. Articles will cover a broad range of topics, including: -Entrepreneurship and self-employment in developing contexts -Challenges and opportunities unique to minority and women entrepreneurs -Microenterprise funds and private-sector small business lending practices -Legislation, regulation, and tax policy that impact entrepreneurship and economic development -Processes that facilitate growth and development within emerging enterprises -Networks within and among entrepreneurial ventures -Marketing patterns and approaches in venture growth and development -International developmental entrepreneurship programs -Entrepreneurship in the informal economic sector -Education and training for aspiring entrepreneurs -Industry practices that adversely affect microenterprise development -Economic and social impacts of microenterprise activity