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Unproductive Entrepreneurship, Institutional Change, and the Informal Economy: Entrepreneurial Potential in Moldova

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cris.sourceIdoai:irek.ase.md:1234567890/1173
dc.creatorFrank, Peter M.
dc.date2021-02-25T10:08:36Z
dc.date2021-02-25T10:08:36Z
dc.date2016-06
dc.date.accessioned2023-11-13T10:21:19Z
dc.date.available2023-11-13T10:21:19Z
dc.descriptionFRANK, Peter M. Unproductive Entrepreneurship, Institutional Change, and the Informal Economy: Entrepreneurial Potential in Moldova. Eastern European Journal of Regional Studies. June 2016, vol. 2, issue 1, pp. 162-173. ISSN 2537-6179; E-ISSN 1857-436X.
dc.descriptionEntrepreneurship 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 and the supporting structures of national and regional governance. We tackle the question of governmental legitimacy given that entrepreneurs in Eastern Europe operate in states with weak governance institutions. We test the degree to which the standard maximization of private returns decision holds by surveying informal entrepreneurs in the Republic of Moldova. The institutions that determine high versus low state capacity motivate entrepreneurs toward a productive or unproductive use of resources and the capacity of government also impacts their pursuit of private returns resulting in higher social costs. We find that Moldovan entrepreneurs evade taxation for reasons beyond simple maximization rules.
dc.formatapplication/pdf
dc.identifier2537-6179; 1857-436X
dc.identifierhttp://irek.ase.md:80/xmlui/handle/1234567890/1173
dc.identifier.urihttps://cris.ase.md/handle/123456789/3250
dc.languageen
dc.publisherASEM
dc.subjectentrepreneurship
dc.subjecttalent
dc.subjectinformal economy
dc.subjectdevelopment
dc.subjecttax compliance
dc.subjectinstitutions
dc.subjectunproductive entrepreneurship
dc.subjectstate capacity
dc.titleUnproductive Entrepreneurship, Institutional Change, and the Informal Economy: Entrepreneurial Potential in Moldova
dc.typeArticle
dspace.entity.typePublication
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