The implication of the rule of law may differ for social entrepreneurship. In this innovative programme, students receive training from experts on technical skills, problem solving and social entrepreneurship, as well as on rule of law challenges. We thank inputs and policy engagement by Miljan Sladoje, Twivwe Siwale, Herryman Moono and Anand Rajaram. We thank IGC, IDRC, and PEDL for financial support. Purpose The purpose of this paper is to examine the influence of formal rules such as business regulation and rule of law on the level of formal entrepreneurship in Latin America countries over time. Women's political leadership may contribute to women's entrepreneurship by removing existing constraints on the economic behavior of women, assuming these changes are then enforced. These impacts have been sustained. Regional Studies: Vol. Purpose - The purpose of this paper is to examine the influence of formal rules such as business regulation and rule of law on the level of formal entrepreneurship in Latin America countries over time. Implications are discussed. Neither rule of law nor equitable gender norms on their own have the same impact on female entrepreneurship as the combination of the two. While the amount of subsistence entrepreneurship in developing countries leads to a slightly more equal gender balance, female entrepreneurs in these countries tend to choose sectors where other women are. 26366 Issued in October 2019---- Acknowledgments ----We … Nava Ashraf, Alexia Delfino, Edward L. Glaeser. Read “Rule of law and female entrepreneurship” by Nava Ashraf, Alexia Delfino and Edward L. Glaeser here. All Rights Reserved. Rule of law and regulatory quality as drivers of entrepreneurship. We examine the association of women's political power and a country's rule of law with women's entrepreneurial entry, using the Global Entrepreneurship Monitor dataset combined with other indicators. ence, or lack thereof, of the rule of law deter-mines whether human interaction will be positive-sum or negative-sum in nature. In this re-search-in-progress poster paper, we propose a framework for conceptualizing the adoption and diffu-sion of VWs as a platform for digital entrepreneurship. The Rule of Law, Privatization, and the Promise of Transborder Licensing Andrea L. Johnson 11. Entry into entrepreneurship is moderated by rule of law, with higher levels of women's political power having greater effects in countries with higher levels of rule of law. London School of Economics and Political Science, The Impact of Business Linkages and Knowledge Spillovers on Manufacturing Growth, The Market-Reach of Pandemics: Evidence from Female Workers in Ethiopia’s Ready-Made Garment Industry, Knowledge Exchange and Productivity Spill-overs in Bangladeshi Garment Factories, Terrorism Financing, Recruitment and Attack, Multinational enforcement of labor law: Experimental evidence from Bangladesh’s apparel sector, Political Connections and Access to Private-Sector Growth: Evidence from an Audit Experiment in Senegal, Dispute resolution and microenterprise growth in a 'fragile' state: Evidence from Somalia, Developing a “Product-Market Experimentation & Fit” Measurement Tool and Testing its Effectiveness via an RCT with Lean Start-up Entrepreneurs in Kenya and Uganda, Negotiating Business and Family Demands within a Patriarchal Society - The Case of Women Entrepreneurs in the Nepalese Context. The model's predictions are supported both in cross-national data and with a new census of Zambian manufacturers. Meyer et al. The Rule of Law philosophy explicitly limits the arbitrary power of governments to create and enact too many rules, too many regulations and restrictions. In a globalized world, pandemics transmit impacts through markets. After all, it is common knowledge that foreign investors have always been put off more by the absence of the rule of law than by high tax rates. Competitive proposals should increase collaboration between the United States and Russia, by helping Russian citizens become more competitive in the international business market and gain a greater understanding of the role of innovation, rule of law, labor rights, and environmentally-sound business practices. Law and Entrepreneurship Exploring the external context of entrepreneurship. We thank Nick Swanson, Kate Laffan, Kim Sarnoff, Pascale Bourquin, Stefan Faridani, Miguel Fajardo and Edward Davenport for outstanding research assistance. An interactive CDR index combines the degree of capitalism, democracy, and rule of law associated with a particular country. In this paper, Ashraf, Delfino and Glaeser present a model of female entrepreneurship and rule of law that predicts that women will only start businesses when they have both formal legal protection and informal bargaining power. Commerce requires trust, but trust is difficult when one group consistently fears expropriation by another. Estrin et al., 2013a, Estrin et al., 2013b). The Role and Impact of Clinical Programs on Entrepreneurship and Economic Growth Patricia H. Lee 10. Students interested in social entrepreneurship can combine more traditional training in corporate, securities, and tax law with specialized courses in community development, microfinance and others. Shane Krauser: Does the Rule of Law Matter? This account captures an important place for rules in our view of morality. Commerce requires trust, but trust is difficult when one group consistently fears expropriation by another. In this paper, Limodio (2020) investigates the effect of terrorism financing and recruitment on attacks. Social entrepreneurship is a valuable lens through which to address broad social challenges like weak rule of law as it requires a focus on systemic solutions, innovative approaches, and the skills and mindsets of 21st century management. There are also references to economic growth. Both variables are positively associated with women's entry into entrepreneurship, and the association between political empowerment. No formal measurements were made. (2020). In previous work, depictions of the CDR index and its implications for gross domestic product were based on approximate trends. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research. NYU Law seeks to train the next generation of lawyers who will work in and shape this emerging field, bridging the gap between its widely renowned programs in Law & Business and Public Interest law. The authors experimentally induce variation in local institutional quality in an adapted trust game, and find that this also reduces the gender gap in trust and economic activity. This project aims to improve our understanding of ‘demand-side factors’ related to why some small firms succeed and scale-up, while others do not. In Zambia, female entrepreneurs collaborate less, learn less from fellow entrepreneurs, earn less and segregate into industries with more women, but gender differences are ameliorated when women have access to adjudicating institutions, such as Lusaka's “Market Chiefs” who are empowered to adjudicate small commercial disputes. The aim of this paper, published in Entrepreneurship & Regional Development, is to advance our understanding of how women negotiate their business and family demands in a developing country context. of law is strong, economic development is progressive (Tamanaha, 2004). H3: Rule of law at the country level will moderate the effect of women's political empowerment at the societal level on women's entry into entrepreneurship, such that in societies characterized by a higher degree of rule of law, the positive relationship between women's political empowerment and women's entry into entrepreneurship will be stronger. IP and Entrepreneurship in an Evolving Economy: A Case Study Michael Risch 9. Hence the rule of law is crucial for commercial entrepreneurs in allowing them to capture the returns from their own innovations (e.g. Posted by Unknown at The 2020 Martin Feldstein Lecture: Journey Across a Century of Women, Summer Institute 2020 Methods Lectures: Differential Privacy for Economists, The Bulletin on Retirement and Disability, Productivity, Innovation, and Entrepreneurship, Conference on Econometrics and Mathematical Economics, Conference on Research in Income and Wealth, Improving Health Outcomes for an Aging Population, Measuring the Clinical and Economic Outcomes Associated with Delivery Systems, Retirement and Disability Research Center, The Roybal Center for Behavior Change in Health, Training Program in Aging and Health Economics, Transportation Economics in the 21st Century. Rule following seems crucial to this view of morality and a moral society that respects and observes the rule of law. 6, pp. Lawyers became aware of improper and corrupt practices. If men have a comparative advantage at violence and there is little rule-of-law, then unequal bargaining power an lead women to segregate into low-return industries and avoid entrepreneurship altogether. In regard to preventing unproductive rent seeking and even destructive entrepreneurship (Baumol 1990; Desai et al. NBER Working Paper No. Social entrepreneurship is a valuable lens through which to address broad social challenges like weak rule of law as it requires a focus on systemic solutions, innovative approaches, and the skills and mindsets of 21st century management. Entrepreneurship and job creation is not a crime and harmful to people, especially those who need jobs, those who need new products and services. 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