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Configurational Effects of Regulatory Environment and Entrepreneurial Ecosystem on Total Early-Stage Entrepreneurial Activity

  • Journal of Regulation Studies
  • 2026, 35(1), pp.73~103
  • Publisher : 한국규제학회
  • Research Area : Social Science > Public Administration
  • Received : May 22, 2026
  • Accepted : June 9, 2026
  • Published : June 30, 2026

CHOI, JONGMIN 1

1계명대학교

Accredited

ABSTRACT

This study investigates how configurations of the regulatory environment and entrepreneurial ecosystem are associated with high levels of Total Early-Stage Entrepreneurial Activity (TEA). Using 2024 Global Entrepreneurship Monitor (GEM) data from 51 countries, this study employs fuzzy-set Qualitative Comparative Analysis (fsQCA). The results demonstrate that no single condition constitutes a necessary condition for high TEA. Instead, high entrepreneurial activity emerges through multiple configurations of ecosystem conditions. The regulatory environment does not operate as an independent sufficient condition but is associated with high TEA when combined with favorable financial and policy support and entrepreneurial education. Furthermore, the configurations linked to high TEA differ between high-income and non-high-income countries, suggesting that entrepreneurial activity is shaped by distinct national contexts. These findings show the importance of understanding entrepreneurship through the interaction of ecosystem conditions rather than through regulatory reform alone, highlighting the importance of policy mix approaches tailored to national contexts.

Citation status

* References for papers published after 2024 are currently being built.