The aim of this thesis is to analyze the current opportunities and constraints to
entrepreneurship and innovation in Mozambique, based on New Institutional Economics. In
the first part of this work, different theoretical approaches and definitions of entrepreneurship,
innovation, economic development and institutions are presented. These approaches are
discussed, showing the extent to which they are applicable to Mozambique. Furthermore, it is
examined whether and how entrepreneurship, innovation, economic development and
institutions can be measured. The New Institutional Economics is the framework for the
second part of the work, where the analysis of various indicators, the potentials and obstacles
of entrepreneurship and innovation will be developed. Furthermore, the results of three studies
focusing on barriers to entrepreneurship in Mozambique are presented and compared.