How do bankruptcy laws affect entrepreneurship development around the world?
| dc.contributor.author | Lee, S. | |
| dc.contributor.author | Yamakawa, Y. | |
| dc.contributor.author | Peng, Mike | |
| dc.contributor.author | Barney, J. | |
| dc.date.accessioned | 2017-03-15T22:16:42Z | |
| dc.date.available | 2017-03-15T22:16:42Z | |
| dc.date.created | 2017-02-26T19:31:42Z | |
| dc.date.issued | 2011 | |
| dc.identifier.citation | Lee, S. and Yamakawa, Y. and Peng, M. and Barney, J. 2011. How do bankruptcy laws affect entrepreneurship development around the world? Journal of Business Venturing. 26 (5): pp. 505-520. | |
| dc.identifier.uri | http://hdl.handle.net/20.500.11937/49878 | |
| dc.identifier.doi | 10.1016/j.jbusvent.2010.05.001 | |
| dc.description.abstract |
How do bankruptcy laws as formal institutions affect entrepreneurship development around the world? Do entrepreneur-friendly bankruptcy laws encourage more entrepreneurship development at a societal level? We posit that if bankrupt entrepreneurs are excessively punished for failure, they may give up potentially high-return but inherently high-risk opportunities to start new businesses. Amassing a cross-country database from 29 countries spanning 19. years (1990-2008), we find that lenient, entrepreneur-friendly bankruptcy laws are significantly correlated with the level of entrepreneurship development as measured by the rate of new firm entry. | |
| dc.title | How do bankruptcy laws affect entrepreneurship development around the world? | |
| dc.type | Journal Article | |
| dcterms.source.volume | 26 | |
| dcterms.source.number | 5 | |
| dcterms.source.startPage | 505 | |
| dcterms.source.endPage | 520 | |
| dcterms.source.issn | 0883-9026 | |
| dcterms.source.title | Journal of Business Venturing | |
| curtin.department | School of Management | |
| curtin.accessStatus | Fulltext not available |
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