The DOI matches its Crossref record; 32 of the 32 references it cites were found in a registry or an index.
The Central Role of Entrepreneurs in Transition Economies
Abstract
The authors summarize entrepreneurial patterns in the transition economies, particularly Russia, China, Poland and Vietnam. Markets developed spontaneously in every transition country, but they were built at varying speeds. Some governments impeded the entrepreneurs' self-help by creating conditions that made it hard for informal contracting to work; others created an environment that was conducive to self-help. The spontaneous emergence of markets, furthermore, has its limits. As firms' activities became more complex, they came to need formal institutions. Some governments fostered entrepreneurship by building market-supporting infrastructure; others did not. The authors argue that the success or failure of a transition economy can be traced in large part to the performance of its entrepreneurs.
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(2012) · American Economic Review · doi:10.1257/aer.102.7.i · Cited by 6,810
Djankov, S., La Porta, R., Lopez-de-Silanes, F., & Shleifer, A. (2002) · The Quarterly Journal of Economics · doi:10.1162/003355302753399436 · Cited by 3,956
A Supergame-Theoretic Model of Price Wars during Booms
Rotemberg, J. J., & Saloner, G. (1986) · American Economic Review · Cited by 1,186
Johnson, S., McMillan, J., & Woodruff, C. (2002) · American Economic Review · doi:10.1257/000282802762024539 · Cited by 980
Self-citationSubjective Performance Measures in Optimal Incentive Contracts
Baker, G., Gibbons, R., & Murphy, K. J. (1994) · The Quarterly Journal of Economics · doi:10.2307/2118358 · Cited by 953
Subjective Performance Measures in Optimal Incentive Contracts
Baker, G., Gibbons, R., & Murphy, K. (1993) · National Bureau of Economic Research · doi:10.3386/w4480 · Cited by 921
Interfirm Relationships and Informal Credit in Vietnam
McMillan, J., & Woodruff, C. (1999) · The Quarterly Journal of Economics · doi:10.1162/003355399556278 · Cited by 919
Self-citationEnterprise Restructuring in Transition: A Quantitative Survey
Djankov, S., & Murrell, P. (2002) · Journal of Economic Literature · doi:10.1257/002205102760273788 · Cited by 908
The Invisible Hand and the Grabbing Hand
Frye, T., & Shleifer, A. (1996) · National Bureau of Economic Research · doi:10.3386/w5856 · Cited by 878
de Soto, H. (2002) · Cited by 788
Cited by
Law, finance, and economic growth in China
ALLEN, F., QIAN, J., & QIAN, M. (2005) · Journal of Financial Economics · doi:10.1016/j.jfineco.2004.06.010 · Cited by 4,446
Institutions, ownership, and finance: the determinants of profit reinvestment among Chinese firms
CULL, R., & XU, L. (2005) · Journal of Financial Economics · doi:10.1016/j.jfineco.2004.05.010 · Cited by 1,023
Enterprise Restructuring in Transition: A Quantitative Survey
Djankov, S., & Murrell, P. (2002) · Journal of Economic Literature · doi:10.1257/002205102760273788 · Cited by 908
Probing theoretically into Central and Eastern Europe: transactions, resources, and institutions
Meyer, K. E., & Peng, M. W. (2005) · Journal of International Business Studies · doi:10.1057/palgrave.jibs.8400167 · Cited by 845
Institutions and entrepreneurship development in Russia: A comparative perspective
Aidis, R., Estrin, S., & Mickiewicz, T. (2008) · Journal of Business Venturing · doi:10.1016/j.jbusvent.2008.01.005 · Cited by 801
Metadata
- Authors
- McMillan, J., & Woodruff, C.
- Venue
- Journal of Economic Perspectives
- Publisher
- American Economic Association
- Published
- 2002-08-01
- Volume
- 16
- Issue
- 3
- Pages
- 153-170
- ISSN
- 0895-3309 (ISSN-L)
- OpenAlex
- W2114987439
- Cited by
- 785
- References
- 32
- FWCI
- 102.70
- Type
- journal article
- Language
- en
- Open access
- closed
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.