This paper attempts, by contrasting the developed versus the developing countries, to examine whether the regulation affects entrepreneurial dynamics in a different way across different levels of economic development. In general terms, regulations to business activities have been applied under the criteria that “less could be more” (such as less regulation means more entrepreneurial activity) without the consideration of the development level of countries. Institutional economics is used as a theoretical framework of the research.
Álvarez, Claudia; Amorós, José E.; and Urbano, David
"REGULATIONS AND ENTREPRENEURSHIP: EVIDENCE FROM DEVELOPED AND DEVELOPING COUNTRIES (SUMMARY),"
Frontiers of Entrepreneurship Research: Vol. 32
, Article 2.
Available at: https://digitalknowledge.babson.edu/fer/vol32/iss18/2