This paper investigates the effect of business regulations on various measures of entrepreneurship. Using data for a … sample of countries participating in the Global Entrepreneurship Monitor between 2002 and 2005, we estimate a two …-equation model explaining the nascent and the actual entrepreneurship rate, while taking into account the interrelationship between …

capital. In this paper we introduce a new factor, entrepreneurship capital, and link it to output in the context of a … production function model. This paper explains what is meant by entrepreneurship capital and why it should influence economic … output. A production function model including several different measures of entrepreneurship capital is then estimated for …