© 2019

Institutions, Entrepreneurship, and Economic Performance


Part of the International Studies in Entrepreneurship book series (ISEN, volume 41)

Table of contents

  1. Front Matter
    Pages i-xi
  2. David Urbano, Sebastian Aparicio, David B. Audretsch
    Pages 1-14
  3. David Urbano, Sebastian Aparicio, David B. Audretsch
    Pages 57-83
  4. David Urbano, Sebastian Aparicio, David B. Audretsch
    Pages 85-106
  5. David Urbano, Sebastian Aparicio, David B. Audretsch
    Pages 107-129
  6. David Urbano, Sebastian Aparicio, David B. Audretsch
    Pages 131-149
  7. David Urbano, Sebastian Aparicio, David B. Audretsch
    Pages 151-162
  8. Back Matter
    Pages 163-240

About this book


Using institutional economics as a theoretical framework, this book analyzes institutional environment conducive to entrepreneurial activity in order to enhance economic performance across countries. In particular, the main contributions of this book to the entrepreneurship literature are the following: 

• Identify past and current research about the institutional context shaping entrepreneurial activity and its effect on economic growth

• Examine social progress orientation as those institutional factors that are shaping innovative entrepreneurial activity

• Explore the effect of different types of entrepreneurial activities on economic growth

• Examine how social progress orientation through opportunity-driven entrepreneurship affects economic development

• Analyze the interrelationships between institutions, entrepreneurial activity and economic development across countries

• Study how the country's institutional context influences the way in which entrepreneurial activity affects social progress 

Two sides of the same coin might be observed when analyzing policy aspects of those institutions affecting entrepreneurial activity. On the one hand, effective public policy to promote entrepreneurship is predicated on understanding the underlying forces as well as the consequences and impacts of entrepreneurship. On the other hand, different endeavors to promote entrepreneurial activity might have deleterious economic effects since they could actually reduce employment in the long-term. Thus, it is crucial to understand the institutional environment in which entrepreneurs are interacting and making decisions. The comprehension of these phenomena serves to move forward the theoretical, practical and policy debate on entrepreneurship as a mechanism to achieve higher economic performance.


Institutional Economics Entrepreneurship Entrepreneurial Activity Economic Development Economic Performance Economic Growth Innovation

Authors and affiliations

  1. 1.Department of BusinessUniversitat Autònoma de BarcelonaBellaterraSpain
  2. 2.Durham University Business SchoolDurham UniversityDurhamUK
  3. 3.Institute for Development Strategies, School of Public and Environmental AffairsIndiana UniversityBloomingtonUSA

About the authors

David Urbano is Professor of Entrepreneurship at the Universitat Autònoma de Barcelona (UAB) and ICREA-Academia Research Fellow. He is also the Vice Dean of Entrepreneurship at the School of Economics and Business (UAB). David Urbano is Associate Editor of Small Business Economics, and sits on the Editorial Board of journals such as International Small Business Journal, Entrepreneurship and Regional Development, International Entrepreneurship and Management Journal, among others. As a member of the Board of Directors in the European Council of Small Business (ECSB), he is in charge of publication outlets, and cooperation with other academic organizations.His research focuses on the analysis of factors affecting entrepreneurship in different contexts, using the institutional approach as a theoretical framework, and combining quantitative and qualitative methodologies. He participates in several international research projects (e.g. GEM, PSED, GUESSS) and also regularly visits Haas School of Business (University of California Berkeley).

Sebastian Aparicio is an Assistant Professor in Entrepreneurship at Durham University Business School. In addition, he is a Research Fellow at the Centre for University Entrepreneurship (CIEU-UAB–);a Junior Research Fellow in the Institute for Development Strategies at the School of Public and Environmental Affairs (IDS-SPEA, Indiana University); and an External Researcher at Fundación ECSIM (Medellin, Colombia). He has participated in different research and consulting projects at UAB (e.g. GUESSS-UAB - Global University Entrepreneurial Spirit Students' Survey), and The World Bank, among others. Sebastian Aparicio sits on the Editorial Board of the journal Cogent Business & Management. His research focuses on the effects of entrepreneurial activity and innovation on economic growth and development under the institutional lenses.

David B. Audretsch is a Distinguished Professor and the Ameritech Chair of Economic Development in the School of Public and Environmental Affairs (SPEA) at Indiana University. He is also the Director of the Institute for Development Strategies (IDS) at SPEA, and the co-founder and Editor-in-Chief of Small Business Economics. David Audretsch sits on a variety of journals’ and book series’ editorial boards related to areas such as entrepreneurship, innovation, regional studies, economics, planning and development, among others. He was awarded the 2001 Global Award for Entrepreneurship Research by the Swedish Foundation for Small Business Research. And in 2011 he was awarded the Schumpeter Prize from the University of Wuppertal. In terms of teaching, David Audretsch received the Academy of Management (Entrepreneurship Division) Mentor Award in 2015. He has several scholarly international publications analyzing the links between entrepreneurship, government policy, innovation, economic development and global competitiveness.

Bibliographic information

  • Book Title Institutions, Entrepreneurship, and Economic Performance
  • Authors David Urbano
    Sebastian Aparicio
    David B. Audretsch
  • Series Title International Studies in Entrepreneurship
  • Series Abbreviated Title Int.Studies in Entrepren.
  • DOI
  • Copyright Information Springer Nature Switzerland AG 2019
  • Publisher Name Springer, Cham
  • eBook Packages Business and Management Business and Management (R0)
  • Hardcover ISBN 978-3-030-13372-6
  • Softcover ISBN 978-3-030-13375-7
  • eBook ISBN 978-3-030-13373-3
  • Series ISSN 1572-1922
  • Series E-ISSN 2197-5884
  • Edition Number 1
  • Number of Pages XI, 240
  • Number of Illustrations 2 b/w illustrations, 0 illustrations in colour
  • Topics Small Business
    Institutional/Evolutionary Economics
    Economic Growth
  • Buy this book on publisher's site