introduces a novel conducive dimension that measures a country's capability to support high-impact entrepreneurship. Our findings … matters very little. For high-impact entrepreneurship an institutional environment filled with new opportunities created by … knowledge spillovers and the capital necessary for high-impact entrepreneurship matter most …

The knowledge spillover theory of entrepreneurship predicts that entrepreneurial activity is greater in regions with …

R&D and entrepreneurship. The optimal allocation between commercializers and inventors depends on the relative strength …

We introduce a novel concept of National Systems of Entrepreneurship and provide an approach to characterizing them …. National Systems of Entrepreneurship are fundamentally resource allocation systems that are driven by individual … institutions engender and regulate action, National Systems of Entrepreneurship are driven by individuals, with institutions …