Impact of Institutional Coordination on National Entrepreneurship: A Conceptual Framework

  • Kim Clark
  • Gordian Rättich
  • Evi Hartmann


The objective of this paper is to understand how the institutional context of a country affects the rate of its entrepreneurship. Drawing upon varieties of capitalism and the network approach, we propose a counterintuitive approach to cross-country institutional environments to elucidate how political and economic institutions of coordinated market economies (CMEs) negatively affect the early stage of entrepreneurship. To support our assertion, an empirical examination is conducted using Global Entrepreneurship Monitor data. Furthermore, we examine the institutional impact on the early stages of entrepreneurial process to explore underlying reasons why institutional coordination of CMEs constrains the early stages of entrepreneurship.


Social Capital Venture Capital Structural Hole Nascent Entrepreneur Global Entrepreneurship Monitor 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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© Gabler Verlag | Springer Fachmedien Wiesbaden GmbH 2011

Authors and Affiliations

  • Kim Clark
  • Gordian Rättich
  • Evi Hartmann

There are no affiliations available

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