In 2018, 73 per cent of respondents said compliance costs were a deterrent to investment compared to only 32 per cent in 2013.
Investor concerns over uncertain regulatory enforcement have risen sharply since 2013.
Demographics and Entrepreneurship blog series: Louder applause plus less regulation equals greater entrepreneurship
Regulators continue to downplay the deleterious impacts of their rules.
Private-sector investment in factories and other structures down more than 23 per cent.