publication . Other literature type . Preprint . 2015

creating the environment for entrepreneurship through economic freedom

Joshua C. Hall; Robert A. Lawson; Saurav Roychoudhury;
Open Access
  • Published: 01 May 2015 Journal: Public Policy, Productive and Unproductive Entrepreneurship
  • Publisher: Edward Elgar Publishing
Abstract
In this paper we argue that the ability of people to freely trade, enter into contracts, and start businesses in a system of private property and the rule of law is crucial for productive entrepreneurship. One measure of how freely individuals can engage in economic activity is the Economic Freedom of the World (EFW) index. After examining the economic policies that harm economic freedom and possibly entrepreneurship, we highlight the correspondence between economic freedom and a number of measures of entrepreneurship. We conclude with some thoughts regarding future research involving economic freedom and entrepreneurship.
Subjects
free text keywords: economic freedom, institutions, entrepreneurship, new firm, Harm, Rule of law, Private property, Public policy, Economic freedom, Entrepreneurship, Index of Economic Freedom, Economics, Market economy, Economic Freedom of the World, jel:M13, jel:O50
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publication . Other literature type . Preprint . 2015

creating the environment for entrepreneurship through economic freedom

Joshua C. Hall; Robert A. Lawson; Saurav Roychoudhury;