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Culture, institutions and government attitudes towards new firm entry

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dc.creator Baptista, Rui
dc.date 2004
dc.date.accessioned 2013-10-16T07:07:54Z
dc.date.available 2013-10-16T07:07:54Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/19984
dc.identifier ppn:397703732
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/19984
dc.description This paper examines the relationship between cultural values, political institutions and government regulation of entry. For this, it couples data for 53 countries from a variety of sources in comparative political economy and cross-cultural psychology. A society's general attitude towards risk and uncertainty and power inequality are embedded in its institutions; hence, such values should mediate the intensity with which economic incentives affect regulatory procedures and outcomes. Results suggest that entry regulation levels are correlated with the way people in different countries deal with risk and uncertainty and accept inequality of power in their dealings with government institutions. Moreover, these intrinsic cultural values act as moderators for the correlation between economic and political variables, and regulatory intensity. Regulation thus emerges a response from government institutions to societies' needs deriving from cultural values.
dc.language eng
dc.publisher
dc.relation Papers on entrepreneurship, growth and public policy 3904
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject ddc:330
dc.subject Unternehmensgründung
dc.subject Markteintritt
dc.subject Kulturpsychologie
dc.subject Public Choice
dc.subject Schätzung
dc.subject Welt
dc.title Culture, institutions and government attitudes towards new firm entry
dc.type doc-type:workingPaper


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