: the entrepreneurship rate and the fraction of small firms fall with per capita income across countries, while average firm … newly introduces the last three to the literature. It then proposes a simple theory of skill-biased change in …'s potential payoffs in working and in entrepreneurship. If some firms consistently benefit more from technological progress than …

entrepreneurship is introduced, where individuals can choose not to work, become entrepreneurs, or work in one of the two sectors … entrepreneurship in the United States. …

Developing and emerging economies have high entrepreneurship rates and relatively many small firms. There is enormous … entrepreneurship at both edges of the size distribution. The model is then used to analyse the effects of productivity growth …, distortions, financial and labor market frictions, and risk. Capturing entrepreneurship across the size distribution allows for …

The aim of this paper is to test a key aspect of Baumol's theory that the allocation of entrepreneurial efforts toward … commitment to socialism reflects rent-seeking, a type of unproductive entrepreneurship. Once institutions change radically, their … entrepreneurial efforts are redirected towards productive entrepreneurship (start-up activity). Regime commitment is captured by …

preferences must be taken into account for theory development, empirical analysis, and policy evaluations. …

Promoting entrepreneurship has become an increasingly important part of the policy agenda in many countries. The … success of such policies, however, rests in part on the assumption that entrepreneurship outcomes are not fully determined at … background and neighborhood effects as determinants of entrepreneurship, by estimating sibling correlations in entrepreneurship …