S10-S1 Formal and informal institutions in regional entrepreneurial processes
Tracks
Special Session
| Wednesday, August 29, 2018 |
| 11:00 AM - 1:00 PM |
| BHSC_122 |
Details
Convenor(s): Michael Wyrwich; Michael Fritsch; Marcus Dejardin
/ Chair: Korneliusz Pylak
Speaker
Prof. Marie-estelle BINET
Full Professor
PACTE - Université Grenoble Alpes
Formal and informal institutions as drivers of entrepreneurship: evidence from French local panel data
Author(s) - Presenters are indicated with (p)
Marie-estelle Binet (p), Ewen Lebrun , Matthieu Leprince
Discussant for this paper
Korneliusz Pylak
Abstract
This paper investigates the determinants of business start-up at the local level. Our main original point is to deal with formal institutions, measuring the strength and the quality of municipal cooperation, which may influence entrepreneurship activity. We also provide a dynamic panel data specification to capture the effects of informal institutions. We compare the robustness of our empirical results by using the usual but controversial system GMM developed by Blundell and Bond (1998) and the promising quasi maximum likelihood method proposed by Hsiao et al. (2002). Based on panel data on the 94 French departments (NUTS 3) over the period 2000 to 2008, and considering four different sectors (industry, services, trade and building) we and evidence that municipalities are formal institutions able to boost stat-up activity as soon as they cooperate.
Dr. Balázs Páger
Post-Doc Researcher
HUN-REN Centre for Economic and Regional Studies
The role of business aspirations in high-growth oriented entrepreneurial activity
Author(s) - Presenters are indicated with (p)
Balázs Páger (p)
Discussant for this paper
Marie-estelle Binet
Abstract
See extended abstract
Dr. Korneliusz Pylak
Post-Doc Researcher
Lublin University of Technology
Cultural path dependency or market competition? An analysis of local entrepreneurial dynamics
Author(s) - Presenters are indicated with (p)
Marcus Dejardin (p), Korneliusz Pylak (p)
Discussant for this paper
Balázs Páger
Abstract
see extended abstract
