Managing destructive entrepreneurship in place : formal and informal institutions for the achievement of regional economic growth
Aparicio, Sebastián (Universitat Autònoma de Barcelona. Departament d'Empresa)
Martinez-Moya, Diego (Fundación ECSIM (Colòmbia))
Muñoz-Mora, Juan Carlos (Universidad EAFIT)
Urbano, David (Universitat Autònoma de Barcelona. Departament d'Empresa)

Fecha:	2025
Descripción:	24 pàg.
Resumen:	Given institutional incentives, is entrepreneurship always good for the economy? While the literature about its benefits for society is extensive, a salient lacuna exists regarding the negative side of entrepreneurship. This study, hence, explores how institutions condition destructive entrepreneurial activity, which is linked to the economic growth of Colombian regions. Institutional economics helps us understand the underlying relationships, which are tested through 3SLS, on a sample of 1122 municipalities in Colombia. We show that a negative effect of new coca crops (as destructive entrepreneurship) on regional economic growth exists, but it is conditioned by the institutional reinforcement and integral performance index (as formal institutions), as well as historical land conflict and hectares of land belonging to religious sects (as informal institutions). Other forms of (destructive) entrepreneurship are therefore envisioned and put in place for the continued development of the current literature and the management of public policy. </jats:p>.
Ayudas:	Agencia Estatal de Investigación PID2022-141777NB-I00 Generalitat de Catalunya 2021 / SGR-00719
Nota:	Altres ajuts: acords transformatius de la UAB
Derechos:	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.
Lengua:	Anglès
Documento:	Article ; recerca ; Versió publicada
Materia:	Destructive entrepreneurship ; Institutions ; Developing countries ; Economic growth ; L26 ; O17 ; O40 ; M13 ; B52 ; SDG 8 - Decent Work and Economic Growth
Publicado en:	Small business economics, 2025, p. 1-24, ISSN 1573-0913

DOI: 10.1007/s11187-025-01090-7

24 p, 1.0 MB

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