EPISODE · Jul 20, 2025 · 6 MIN
3. Entrepreneurship: Double Edged Sword for Economies
Entrepreneurship has been highlighted as a powerful engine for economic growth. Yet, countries such as Colombia have created perverse incentives for the emergence of destructive entrepreneurship, which negatively affects growth. Using a two-step approach in Colombian regions, we observe whether formal and informal institutions’ incentives condition the negative association between new coca crops (as destructive entrepreneurial activity) and the regional economic growth process of Colombia.
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3. Entrepreneurship: Double Edged Sword for Economies
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