Unproductive Entrepreneurship, Institutional Change, and the Informal Economy: Entrepreneurial Potential in Moldova

Entrepreneurship is often ubiquitous in developing countries, and many entrepreneurs operate in the informal economy and are often involved in unproductive activity. While entrepreneurs seek to maximize their returns given the existing institutions, they also respond to the level of state capacity a...

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Bibliographic Details
Main Author: Peter M. FRANK
Format: Article
Language:English
Published: CSEI; ASEM 2016-06-01
Series:Eastern European Journal of Regional Studies
Subjects:
Online Access:http://www.csei.ase.md/journal/files/issue_21/EEJRS_0201_FRA.pdf