Moving beyond the negative effect of the regulation of entry : disentangling causality in new venture creation decisions
Colson, Maarten (Hasselt University (Bèlgica))
Vandekerkhof, Pieter (Hasselt University (Bèlgica))
Marneffe, Wim (Hasselt University (Bèlgica))
Schepers, Jelle (Hasselt University (Bèlgica))
Aparicio, Sebastián (Universitat Autònoma de Barcelona)

Data:	2024
Resum:	How and to what extent can entry regulations today still affect start-up decisions across regions and countries before formal new venture creation? This study draws on an overarching institutional framework and conducts two experiments in which we uniquely subject 634 Belgian, Dutch and German nascent entrepreneurs to multiple real regulatory scenarios for starting a new limited liability company. By disentangling how and to what extent different entry regulations and particular components of the regulation of entry can impact start-up decisions across regions, the experiments provide new very granular insights to move beyond existing knowledge about the negative association between entry regulations and new venture creation. Next to this, interestingly, after several robustness analyses, in both experiments, regional and informal institutional factors do not moderate the negative impact of the regulation of entry. In other words, across regions in this study, nascent entrepreneurs do not react significantly differently to the impact of different regulatory start-up conditions. We discuss how these results contribute to the regulatory institutions and entrepreneurship literature and address policy implications.
Nota:	Altres ajuts: acords transformatius de la UAB
Drets:	Aquest document està subjecte a una llicència d'ús Creative Commons. Es permet la reproducció total o parcial, la distribució, la comunicació pública de l'obra i la creació d'obres derivades, fins i tot amb finalitats comercials, sempre i quan es reconegui l'autoria de l'obra original.
Llengua:	Anglès
Document:	Article ; recerca ; Versió publicada
Matèria:	Entry regulations ; New venture creation ; Nascent entrepreneurs ; Institutional theory ; Entrepreneurship experiment
Publicat a:	Journal of Regulatory Economics, 2024 , ISSN 1573-0468

DOI: 10.1007/s11149-024-09486-1

30 p, 461.4 KB

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