The relationship between the rule of law and entrepreneurship: A comparative analysis


  • Ngo Minh Trung University of Pécs, Hungary



Entrepreneurship, the rule of law, high-middle income, high income, entrepreneurial ecosystem


This paper investigates the relationship between the rule of law and entrepreneurship in upper-middle-income and high-income countries. The panel data is used from a sample of countries from 2014- 2020. The author estimates several econometric models, including pooled OLS, fixed effects, and random effects regressions. The results confirm that the rule of law positively and significantly affects entrepreneurship in upper-middle-income countries. However, it has little effect on entrepreneurship in high-income countries. This suggests that the relationship between the rule of law and entrepreneurship may differ across countries with different income levels and institutional contexts.

Author Biography

Ngo Minh Trung, University of Pécs, Hungary

Ph.D. Ngo Minh Trung

University of Pécs, Hungary


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How to Cite

Ngo Minh Trung. (2024). The relationship between the rule of law and entrepreneurship: A comparative analysis. Journal of State Management, 31(11), 82–96.