Acs, Z. & D. Audretsch.(1988). Innovation in Large and Small Firms: An Empirical Analysis. The American Economic Review, 78(4): 678-690. ##……………. (2000). The New Institutional Economics and Third World Development. In Haris J., Hunter J. & Lewis C. (eds), The New Institutional Economics and Third World Development(PP.215-233). London : Routledge. ##…………………. (2005). Development. Journal of Economic Literature. 43(1): 108-120. ##Acemoglu, Daron, Simon Johnson and James A. Robinson (2005), “Institutions as the Fundamental Cause of Long-run Growth”, in Aghion, Philippe and Steven Durlauf (eds.), Handbook of Economic Growth, Amsterdam: North-Holland. ##Adams, S. (2009). Intellectual property rights, political risk and economic growth in developing countries. Journal of Economics and International Finance, 1(6): 127-134. ##Aisen , A. & F. J. Veiga. (2010). How does political instability affect economic growth?. Centre Emile Bernheim Working Paper,  No.10/055. ##Aparicio, S., Urbano, D. & D. Audretsch. (2015). Institutional factors, opportunity entrepreneurship and economic growth: Panel data evidence. Technological Forecasting & Social Change, 102: 45-61. ##Baltagi, B. (2008). Econometric analysis of panel data. John Wiley & Sons. ##Baumol, W. (2002) The free-market innovation machine: Analyzing the Growth Miracle of Capitalism. Princeton: Princeton University Press. ##Baumol, William J. (1990). Entrepreneurship: Productive, Unproductive, and Destructive. Journal of Political Economy, 98 (5): 893–921. ##Berge, L. I. O., K. Bjorvatn. & B. Tungodden.(2014). Human and financial capital for microenterprise development: Evidence from a field and lab experiment. Management Science, 61(4): 707-722. ##Boettke, P. J., & C. J. Coyne. (2003). Entrepreneurship and development: Cause or consequence? Advances in Austrian Economics, 6: 67-88. ##Bowen, H. P., & D. Clercq. (2008). Institutional context and the allocation of entrepreneurial effort. Journal of International Business Studies, 39(4): 747-767. ##Busse, M. & C. Hefeker. (2007). Political risk, institutions and foreign direct investment. European Journal of Political Economy, 23(2): 397-415. ##Bylund, P. & M. McCaffrey.(2015). An Institutional Approach to Political Uncertainty in Entrepreneurial Decision Making. Academy of Management Journal, doi:10.5465/AMBPP.2015.12682abstract. ##Chen, H., H. Liao., B. J. Tang & Y. M. Wei. (2016). Impacts of OPEC's political risk on the international crude oil prices: An empirical analysis based on the SVAR models. Energy Economics, 57: 42-49. ##Coase, R. H. (1992). The Institutional Structure of Production. American Economic Review, 82(4): 713-720. ##Douhan, R. & M. Henrekson. (2007). The Political Economy of Entrepreneurship: An Introduction. Research Institute of Industrial Economics Working Paper, No. 716. ##Dutta, N., R. S. Sobel. & S. Roy. (2013). Entrepreneurship and political risk. Journal of Entrepreneurship and Public Policy, 2(2): 130 – 143. ##Duyvesteyn, J., M. Martens & P. Verwijmeren. (2016). Political risk and expected government bond returns. Journal of Empirical Finance. ##Elbahnasawy, N. G., M. A. Ellis & A. D. Adom.(2016). Political Instability and the Informal Economy. World Development, 85: 31-42. ##Fosu, A. K. (2003). Political Instability and Export Performance in Sub-Saharan Africa. The Journal of Development Studies, 39(4): 68-83. ##Fuentelsaz, L., C. González, J. P. Maícas & J. Montero. (2015). How different formal institutions affect opportunity and necessity entrepreneurship. BRQ Business Research Quarterly, 18(4): 246-258. ##Gardner, H. (2005). Multiple Lenz on the Mind. Harvard Graduate School of  Education. Cambridge, MA 02138. ##Grechyna, D. (2016). Political frictions and public policy outcomes. Journal of Comparative Economics. ##Guerrero, M. A, S. P. Moreno & I. M. Guerrero. (2017). How economic freedom affects opportunity and necessity entrepreneurship in the OECD countries?. Journal of Business Research, 73(17): 30-37. ##Hall, J. C., & R. S. Sobel. (2006). Public policy and entrepreneurship. Center for Applied Economics Technical Report, 06-0717. ##Harper, D. A. (2013). Property rights, entrepreneurship and coordination. Journal of Economic Behavior & Organization, 88: 62-77. ##Heikki, L. & K. Heimonen. (2015). Democracy, political risks and stock market performance. Journal of International Money and Finance, 59: 77-99. ##Jaouadi, S.,  L. Arfaoui & A. Ziedi. (2014). Political Instability and Growth: Case of the Developing Countries. International Journal of Social Science, 2 (1): 19 – 28. ##Jong-A-Pin, R. (2009). On the measurement of political instability and its impact on economic growth. European Journal of Political Economy,  25(1): 15–29. ##Lasch, F., K.Gundolf & S. Kraus. (2007). The impact of unemployment on entrepreneurship: empirical evidence from France. International Journal of Business Research, 7(2): 1-8. ##Le, Q. & P. J. Zak. (2001). Political Risk and Capital Flight. Claremont Colleges Working Papers, No. 10. ##Letaifa, S. B. & C. G. Primard. (2016). How does institutional context shape entrepreneurship conceptualizations?. Journal of Business Research, 69(11): 1528-5134. ##Levie, J. & E. Autio. (2011). Regulatory burden, rule of law, and entry of strategic entrepreneurs: An international panel study. Journal of Management Studies, 48(6): 1392-1419. ##Majbouri, M. (2016). Oil and entrepreneurship. Energy Policy, 94, 10-15. ##Mihaela, A & P. A. Teofil. (2011). Political Risk and Foreign Investment. Economic Sciences Series, XI (1): 73-78. ##North, D. C. (2005). Understanding the Process of Economic Change. Princeton University Press. ##North, D. C., J.W. Joseph & R. Barry. (2009). Violence and Social Orders: A Conceptual Framework for Interpreting Recorded Human History. Cambridge University Press. ##Nyström, K. (2008). The institutions of economic freedom and entrepreneurship: evidence from panel data. Public Choice, 136(3-4): 269-282. ##Rodrik, D. (1999). Where Did All Growth Go; External Shocks, Social Conflicts and Growth Collapses. Journal of Economic Growth, 4(4): 385-412. ##Schumpeter, J. A. (1934) The theory of economic development. Cambridge, MA: Harvard University Press. ##Sobel, R. S. (2008). Testing Baumol: Institutional quality and the productivity of entrepreneurship. Journal of Business Venturing, 23(6): 641-655. ##Stigler, George J. (1971. The Theory of Economic Regulation. Bell Journal of Economics and Management Science, 2(1): 3–21. ##Thornton, P., D. Ribeiro-Soriano & D. Urbano. (2011). Socio-cultural factors and entrepreneurial activity: An overview. International Small Business Journal, 29(2): 105–118. ##Torres-Reyna, O. (2010). Panel Data Analysis Fixed & Random Effects. Princeton University. ##Urbano, D. & C. Alvarez. (2014). Institutional dimensions and entrepreneurial activity: an international study. Small Business Economics, 42 (4): 703–716. ##Veiaga, F. & A. Aisen. (2006). Does Political Instability Lead to Higher Inflation? A Panel Data Analysis. Journal of Money, Credit, and Banking, 38 (5),  Available at SSRN:http://ssrn.com/abstract=932587##Vortelinos, D. & S. Saha. (2016). The impact of political risk on return, volatility and discontinuity: Evidence from the international stock and foreign exchange markets. Finance Research Letters, 17: 222-226. ##Williamson, O. E. (2000).The New Institutional Economics: Taking Stock, Looking Ahead. Journal of Economic literature, 38(2): 595-613. ##