Entrepreneurship and Institutional Quality: Measuring value added in the economy

Claudio A. Bonilla and Claudio Müller, University of Chile, Santiago, Chile.


In the last years, a big trend towards investigation of the entrepreneurial spirit has risen and it has explained what happens with businessmen before and after they reach a successful career. On the contrary, investigations of the family firm have
been particularly focused on what happens to entrepreneurs at the end of their labor life, problems related to succession, leadership and protocol for the next generations.

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