endogeneity suspicion. For instance, ability and occupational choice are mentioned as driving both the level of (entrepreneurial … endogeneity is really present, whether it matters and whether the selected instruments make sense. Using Bayesian methods, we find … that the relationship between education and entrepreneurial income is indeed endogenous and that the impact of endogeneity …

>entrepreneurial economy</I>. In particular, the empirical evidence provides consistent support that (1) the role of entrepreneurship has …, ranging from the demise of the communist system, increased globalization, new competition for multinational firms and higher … may be that the current approach to entrepreneurship policy is misguided. The priority should not be on entrepreneurship …

, however, is difficult since it is considered to be an endogenous variable. This study accounts for this endogeneity by using …

Human capital obtained through education has been shown to be one of the strongest drivers of entrepreneurship … period of time. An implication of our novel finding is that entrepreneurship and higher education policies should be …