Glaeser, Edward L.; Kerr, William R.; Ponzetto, Giacomo … - Harvard Business School, Harvard University - 2009
. 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. …