This chapter investigates to what extent the legal environment might have a positive impact on entrepreneurship. Using a research design combining quantitative and qualitative approaches, the authors aim at understanding who the entrepreneurs are who positively use regulation as a source of business opportunity, and how they succeed in this. Not all entrepreneurs use regulation as a source of opportunity, and those who do use two approaches, which the authors call ‘Kirznerian’ and ‘Schumpeterian’ approaches.
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