Entrepreneurship scholars tend to agree that institutional factors influence entrepreneurship; however, empirical studies have led to different conclusions with regard to the relative importance of each driver. This study empirically investigates the influence that the regulatory, cognitive, normative and conducive institutional factors have on different types of entrepreneurial activity (EA) in South Africa. Following a survey of 163 ventures, regression results reveal that it is the cognitive and conducive institutional environments, which have a significant impact on EA. These results highlight the importance of institutional environmental factors in relation to opportunity-based EA. Additionally, the findings provide key insights to scholars and policymakers where institutional factors in an emerging market context serve as a catalyst for EA.

中文翻译：

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对机构开展创业活动的实证研究

创业学者倾向于同意制度因素会影响创业。然而，关于每个驾驶员的相对重要性，实证研究得出了不同的结论。这项研究从经验上调查了监管，认知，规范和有益的制度因素对南非不同类型的企业家活动（EA）的影响。在对163家企业进行调查之后，回归结果表明，对EA产生重大影响的是认知和有益的制度环境。这些结果突出了与基于机会的EA相关的制度环境因素的重要性。此外，这些发现还为学者和政策制定者提供了重要的见解，他们认为新兴市场环境中的制度因素是EA的催化剂。