@workingpaper{Kodila-Tedika2015b,
title = {Does Trust Matter for Entrepreneurship: Evidence from A Cross-Section of Countries},
author = {Julius Agbor A Oasis Kodila-Tedika},
editor = {African 2015 Governance and Development Institute WP/15/057},
url = {http://www.afridev.org/RePEc/agd/agd-wpaper/Does-Trust-Matter-for-Entrepreneurship.pdf},
year = {2015},
date = {2015-12-01},
abstract = {Differences in trust levels between countries explain the observed discrepancies in
entrepreneurial spirit amongst them. We test this hypothesis with a cross-section of 60
countries in 2010. Our findings suggest that about half of the variation in entrepreneurial spirit
across countries in the world is driven by trust considerations. This result is robust to regional
clustering, to outliers and to alternative conditioning variables. The findings of the study
suggest that while formal incentives to nurture entrepreneurship must be maintained, policymakers
should also seek to pay attention to the role of trust cultivated through informal
networks.},
keywords = {Entrepreneurship, institution, trust},
pubstate = {published},
tppubtype = {workingpaper}
}