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Entrepreneurship, Transaction Costs and Cultural Background

机译:企业家精神,交易成本和文化背景

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This paper aims to explore the connections between transaction costs and economic institutions on the one hand, and the group of variables describing cultural background on the other. By improving transaction characteristics and economic institutions, we can increase the entrepreneurship rates of the society. The paper tries to explore this relationship. Transaction cost and institutional variables are analysed using a principal component analysis and OLS. The results confirm the original working hypothesis of the existence of a relationship between transaction costs and culture. The component of cultural characteristics having a pro-growth orientation reduces transaction costs and enhances economic institutions, while the component of cultural characteristics that are reflected in the pro-social characteristics of cultural background increase it. A positive relationship between entrepreneurial variable and the transaction and economic institutions is revealed.
机译:本文旨在一方面探讨交易成本与经济机构之间的联系,以及描述其他文化背景的变量组。 通过改善交易特征和经济机构,我们可以提高社会的创业率。 本文试图探索这种关系。 使用主成分分析和OLS分析交易成本和机构变量。 结果证实了事务成本与文化之间关系存在的原始工作假设。 文化特征的组成部分具有促进增长取向可降低交易成本并增强经济机构,而文化特征的组成部分反映在文化背景的亲社会特征中增加。 揭示了企业家变量与交易和经济机构之间的积极关系。

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