imbalance may also stimulate economic growth by inducing more entrepreneurship and hard work. First, new domestic private firms …

important role that entrepreneurship is believed to play in the process of economic growth, alleviating financing constraints … examining the relevance of financing constraints for entrepreneurship. We then introduce a framework that provides a unified …

. A second class of theories hypothesizes that some places are endowed with a greater supply of entrepreneurship. Evidence … on sales per worker does not support the higher returns for entrepreneurship rationale. Our evidence suggests that … entrepreneurship is higher when fixed costs are lower and when there are more entrepreneurial people …

an entrepreneurial sector, the paper investigates the effects of taxes on the equilibrium level of entrepreneurship and …

aversion, higher initial assets, preferences for entrepreneurship over employment, and optimistic beliefs about the payoffs …

(MNEs) affect local entrepreneurship and Ramp;D activities upon entry. We find that Ramp;D activities of MNEs in an industry …