The Impact of Public Policy on Entrepreneurship: A Critical Investigation of the Protestant Ethic on a Divided Island Jurisdiction

Abstract

The island of St. Martin is the world’s smallest shared jurisdiction. For around 350 years, 37 square miles (92km2) have been divided into two legal entities, Dutch Sint Maarten and French Saint Martin, each with its separate sub-national government and its respective business policies. This situation carries the hallmarks of an almost controlled experiment on the impact of ‘The Protestant Ethic’, with each nation’s respective policy being the treatment variable under study. Keeping other variables constant, government policy is the key variable analysed in the framework of two examined theoretical models.

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