The DOI matches its Crossref record; 2 of the 2 references it cites were found in a registry or an index.
Economic Freedom and the Motivation to Engage in Entrepreneurial Action
Abstract
Using institutional theory, the Heritage Foundation/ Wall Street Journal 2003 Index of Economic Freedom, and the 2002 Global Entrepreneurship Monitor, we regress opportunity–motivated entrepreneurial activity (OME) and necessity–motivated entrepreneurial activity (NME) on 10 factors of economic freedom and gross domestic product (GDP) per capita for 37 nations. We find that both OME and NME are negatively associated with GDP per capita and positively associated with labor freedom, but that various other factors of economic freedom are uniquely related to either OME or NME. Specifically, we find that OME, but not NME, is positively associated with property rights, while NME, but not OME, is positively associated with fiscal freedom and monetary freedom. Thus, governmental restrictions of economic freedom appear to impact entrepreneurial activity differently depending on the particular freedom restricted by government and the entrepreneur's motive for engaging in entrepreneurial action.
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Citations
Cites
Institutions, Institutional Change and Economic Performance
North, D. C. (1990) · doi:10.1017/cbo9780511808678 · Cited by 32,691
Dean, T. J., & McMullen, J. S. (2007) · Journal of Business Venturing · doi:10.1016/j.jbusvent.2005.09.003 · Cited by 1,797
Self-citation
Cited by
Entrepreneurial ecosystems in cities: establishing the framework conditions
Audretsch, D. B., & Belitski, M. (2017) · The Journal of Technology Transfer · doi:10.1007/s10961-016-9473-8 · Cited by 977
Capital is not enough: Innovation in developing economies
Bradley, S. W., McMullen, J. S., Artz, K., & Simiyu, E. M. (2012) · Journal of Management Studies · doi:10.1111/j.1467-6486.2012.01043.x · Cited by 375
Self-citationHow different formal institutions affect opportunity and necessity entrepreneurship
Fuentelsaz, L., González, C., Maícas, J. P., & Montero, J. (2015) · BRQ Business Research Quarterly · doi:10.1016/j.brq.2015.02.001 · Cited by 237
The opportunity not taken: The occupational identity of entrepreneurs in contexts of poverty
Slade Shantz, A., Kistruck, G., & Zietsma, C. (2018) · Journal of Business Venturing · doi:10.1016/j.jbusvent.2018.02.003 · Cited by 202
The Prevalence and Determinants of Social Entrepreneurship at the Macro Level
Hoogendoorn, B. (2016) · Journal of Small Business Management · doi:10.1111/jsbm.12301 · Cited by 170
Metadata
- Authors
- McMullen, J. S., Bagby, D. R., & Palich, L. E.
- Venue
- Entrepreneurship Theory and Practice
- Publisher
- SAGE Publications
- Published
- 2008-09
- Volume
- 32
- Issue
- 5
- Pages
- 875-895
- ISSN
- 1042-2587 (ISSN-L)
- 1540-6520
- OpenAlex
- W2038472609
- Cited by
- 668
- References
- 2
- FWCI
- 22.73
- Type
- journal article
- Language
- en
- Open access
- closed
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