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Corruption, Entrepreneurship, and Social Welfare - A Global Perspective (Paperback, 1st ed. 2018)
Loot Price: R1,727
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Corruption, Entrepreneurship, and Social Welfare - A Global Perspective (Paperback, 1st ed. 2018)
Series: SpringerBriefs in Entrepreneurship and Innovation
Expected to ship within 10 - 15 working days
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This book examines the complex relationship between corruption and
entrepreneurship in countries of varying levels of economic
development. The authors explore the ways in which social welfare
policies have changed in current economic and political
environments as well as key challenges faced by the welfare
policies. In addition, this book addresses three key questions with
regard to the impact of corruption on institutions and social
welfare: * Is corruption an additional burden in extensive
regulatory environment on different types of
entrepreneurship---necessity entrepreneurship, opportunity
entrepreneurship, total entrepreneurial activity, self-employment,
and newly registered firms? * Is corruption helpful for
entrepreneurs who have aspiration to operate outside their home
country border in highly regulated environment? * How does
corruption affect income distribution generated through
entrepreneurial activity? Entrepreneurship is an important factor
for local and national economies as it generates employment and
income that are crucial for economic development. Corruption can
significantly influence the nature of decisions made by
entrepreneurs, with profound effects on business creation,
institutional development, and economic performance. For example,
an entrepreneur with resources and networks might be able to
influence the regulatory agencies to overlook violations, expedite
permits, or bribe corrupt program administrators to violate the
rules of distribution, exacerbating income inequality and
obstructing economic growth and development. While corruption is
not a new phenomenon, the current globalized economy has introduced
trade into the corruption question as globalization puts pressure
on countries to open borders to attract investments and gain a
competitive advantage. However, many country level institutions do
not always change as fast as the economic activity across borders,
which can encourage corruption in order to bypass inefficient
regulations and to successfully engage in entrepreneurship. The
authors of the book examine this phenomenon. Featuring policy
implications and case studies, this book will appeal to graduate
students, academics, professionals, practitioners, and researchers
in entrepreneurship, international business and public policy.
General
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