In institutions, where exploiting business opportunities is restricted or prevented, the second-most sensible solution is evasive entrepreneurship, according to a study by Niklas Elert and Magnus Henrekson. This way, individuals can circumvent institutional constraints unfavourable to the company. The researchers add that evasive entrepreneurs seek to avoid business regulations and could become an important vehicle for innovation. Also, it may soon become a helpful method to prevent institutions from stifling economic development.

Title: Evasive Entrepreneurship and Institutional Change

Source: Social Science Research Network