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...
Main Author: | |
---|---|
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 |