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Opportunity Recognition

Above research currently consists of three research papers investigating the determinants of entrepreneurial opportunities and entrepreneurship as well as their impact on economic performance in a cross-country context.
In the first paper the sources of entrepreneurial opportunities are analyzed. It is shown that both the dynamics of the economic environment (e.g. economic growth) and the dynamics of the formal environment have an influence on the availability of entrepreneurial opportunities.
In the second paper, the relationship between the availability of entrepreneurial opportunities as well as their exploitation (entrepreneurship) and country innovativeness is analyzed. It is empirically shown that the amount of existing opportunities as well as entrepreneurship negatively impact country innovativeness.
The third paper analyzes the interplay between formal and informal institutions and their relationship with informal entrepreneurial activity on a country level.  The empirical investigation reveals that both types of institutions play a major role for the explanation of the existence of entrepreneurship in the informal economy.

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Matthias Mrożewski
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