TY  - RPRT
        AU  - Estrin, Saul
AU  - Korosteleva, Julia
AU  - Mickiewicz, Tomasz
        TI  - Better Means More:  Property Rights and High-Growth Aspiration Entrepreneurship
        PY  - 2009/Sep/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 4396
        UR  - https://www.iza.org/publications/dp4396
        AB  - This paper contrasts the determinants of entrepreneurial entry and high-growth aspiration entrepreneurship. Using the Global Entrepreneurship Monitor (GEM) surveys for 42 countries over the period 1998-2005, we analyse how institutional environment and entrepreneurial characteristics affect individual decisions to become entrepreneurs and aspirations to set up high-growth ventures. We find that institutions exert different effects on entrepreneurial entry and on the individual choice to launch high-growth aspiration projects. In particular, a strong property rights system is important for high-growth aspiration entrepreneurship, but has less pronounced effects for entrepreneurial entry. The availability of finance and the fiscal burden matter for both.
        KW  - start-ups
KW  - high-growth aspiration entrepreneurship
KW  - property rights
KW  - entrepreneurship
        ER  -