Corruption Entrepreneurship and Social Welfare A Global Perspective 1st edition by Farzana Chowdhury, Sameeksha Desai, David B. Audretsch ISBN 3319649140 9783319649146

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ISBN 10:       3319649140
ISBN 13: 978-33196491406
Author:         Farzana Chowdhury, Sameeksha Desai, David B. Audretsch

This book examines the complex relationship between corruption and entrepreneurship in countries of varying levels of economic development. The authors explore the ways in which social welfare policies have changed in current economic and political environments as well as key challenges faced by the welfare policies. In addition, this book addresses three key questions with regard to the impact of corruption on institutions and social welfare:

• Is corruption an additional burden in extensive regulatory environment on different types of entrepreneurship—necessity entrepreneurship, opportunity entrepreneurship, total entrepreneurial activity, self-employment, and newly registered firms?

• Is corruption helpful for entrepreneurs who have aspiration to operate outside their home country border in highly regulated environment?

• How does corruption affect income distribution generated through entrepreneurial activity?

Entrepreneurship is an important factor for local and national economies as it generates employment and income that are crucial for economic development. Corruption can significantly influence the nature of decisions made by entrepreneurs, with profound effects on business creation, institutional development, and economic performance. For example, an entrepreneur with resources and networks might be able to influence the regulatory agencies to overlook violations, expedite permits, or bribe corrupt program administrators to violate the rules of distribution, exacerbating income inequality and obstructing economic growth and development. While corruption is not a new phenomenon, the current globalized economy has introduced trade into the corruption question as globalization puts pressure on countries to open borders to attract investments and gain a competitive advantage. However, many country level institutions do not always change as fast as the economic activity across borders, which can encourage corruption in order to bypass inefficient regulations and to successfully engage in entrepreneurship. The authors of the book examine this phenomenon.

Featuring policy implications and case studies, this book will appeal to graduate students, academics, professionals, practitioners, and researchers in entrepreneurship, international business and public policy.

Corruption,  Entrepreneurship,  and Social Welfare A Global  Perspective 1st Table of contents:

1. Introduction and Overview

   • Overview of the Book’s Themes and Structure
   • Key Concepts in Social Welfare, Corruption, and Entrepreneurship

2. The Grand Challenge of Social Welfare

   • Defining Social Welfare
   • Key Challenges and Theoretical Frameworks
   • The Role of Policy in Shaping Social Welfare

3. Entrepreneurship: An Overview

   • The Role of Entrepreneurs in the Economy
   • The Entrepreneurial Process and Risk
   • How Entrepreneurship Impacts Economic Development

4. Corruption: An Unsolved Puzzle

   • Understanding Corruption and its Manifestations
   • Economic, Political, and Social Impacts of Corruption
   • Theories and Models of Corruption

5. Corruption, Regulatory Regime and Entrepreneurship

   • The Interplay Between Corruption and Regulatory Environments
   • How Corruption Affects Entrepreneurial Activity
   • Regulatory Failures and Entrepreneurial Constraints

6. Corruption, Entrepreneurship, and Social Welfare

   • The Impact of Corruption on Social Welfare and Economic Development
   • How Entrepreneurship Can Mitigate or Exacerbate Corruption’s Effects
   • Case Studies and Real-World Implications

7. Epilogue

   • Summary of Key Insights
   • Future Directions for Research and Policy
   • Final Thoughts on Entrepreneurship, Corruption, and Social Welfare
8.  

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