The Effect of Property Rights on Entrepreneurship:Evidence from Some Factor-driven, Efficiency-driven, and Innovation-driven Countries | ||
| Iranian Journal of Economic Studies | ||
| مقاله 3، دوره 8، شماره 1 - شماره پیاپی 15، خرداد 2019، صفحه 27-51 اصل مقاله (614.3 K) | ||
| نوع مقاله: Research Paper | ||
| شناسه دیجیتال (DOI): 10.22099/ijes.2019.31027.1492 | ||
| نویسندگان | ||
| Ali Hussein Samadi* 1؛ Sara Togha2 | ||
| 1Department of Economics, Shiraz University, Shiraz, Iran. | ||
| 2Department of economics, Shiraz university, Shiraz, Iran. | ||
| چکیده | ||
| Entrepreneurship is influenced by many factors and environments such as institutions. Institutions have an important role to play in the individual's tendency toward necessity and opportunity entrepreneurship. The purpose of this paper was to examine the impact of institutional quality (property rights) on opportunity and necessity entrepreneurship. The results, based on unbalanced panel data from 2005 to 2015, showed that property rights did not have a significant effect on the opportunity entrepreneurship in the factor-driven group while it had a negative impact on necessity entrepreneurship. In the efficiency-driven group, protecting property rights would provide the perfect context for opportunity entrepreneurship and reduce necessity entrepreneurship, but in the innovation-driven group, strengthening property rights increased both opportunity and necessity entrepreneurship. These results indicate that the impact of property rights on (opportunity- and necessity-) entrepreneurship depends on the level of economic development of countries. | ||
| کلیدواژهها | ||
| Property rights؛ Opportunity entrepreneurship؛ Necessity entrepreneurship؛ Development level؛ Unbalanced panel data | ||
| مراجع | ||
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