between FDI and entrepreneurship; positive spillovers via dissemination of technology or negative because of crowding out. Our … entrepreneurship in aggregate and intra‐industry to be negative. Policies need to consider how to counteract this effect. …

We study the effect of entrepreneurship and its allocation between necessity and opportunity entrepreneurship on three … and non-monetary wellbeing to entrepreneurial allocation. Using data from the Global Entrepreneurship Monitor we establish … that opportunity entrepreneurship may contribute towards national wellbeing and that better wellbeing in turn may stimulate …

: the entrepreneurship rate and the fraction of small firms fall with per capita income across countries, while average firm …'s potential payoffs in working and in entrepreneurship. If some firms consistently benefit more from technological progress than …