Government efforts to provide better business environment in terms of high-quality regulations
and business laws should facilitate the development of entrepreneurial activity in different ways.
There is an emerging body of literature that supports this relationship. The aim of the paper is to
examine how different kinds of financial regulations, such as government procedures for getting
credit, paying taxes and resolving insolvency, are related to the formation of young businesses. The
sample includes World Bank’s Doing Business and Global Entrepreneurship Monitor data for 50
economies within the period of two years. The analysis has confirmed that financial regulations
can have a significant impact on the early-stage entrepreneurial activity rate, but this relationship
should not be a priori defined as generally positive.
G. Avlijaš, “Influence of Financial Regulations on Early-Stage Entrepreneurial Activity,” in FINIZ 2016 - Risks in Contemporary Business, Belgrade, Singidunum University, Serbia, 2016, pp. 199-205. doi: 10.15308/finiz-2016-199-205
Avlijaš, G. (2016). Influence of Financial Regulations on Early-Stage Entrepreneurial Activity. Paper presented at FINIZ 2016 - Risks in Contemporary Business. doi:10.15308/finiz-2016-199-205