"Entrepreneurs out of necessity" identified by the Global Entrepreneurship Monitor survey are a sizeable group across …

between FDI and entrepreneurship; positive spillovers via dissemination of technology or negative because of crowding out. Our … entrepreneurship in aggregate and intra‐industry to be negative. Policies need to consider how to counteract this effect …

both high aspiration and low aspiration entrepreneurship. We also find that women benefit more from the larger informal …

This paper contrasts the determinants of entrepreneurial entry and high-growth aspiration entrepreneurship. Using the … Global Entrepreneurship Monitor (GEM) surveys for 42 countries over the period 1998-2005, we analyse how institutional … entrepreneurship, but has less pronounced effects for entrepreneurial entry. The availability of finance and the fiscal burden matter …

: the entrepreneurship rate and the fraction of small firms fall with per capita income across countries, while average firm … payoffs in working and in entrepreneurship. If some firms consistently benefit more from technological progress than others …

We document three new facts about entrepreneurship. First, a majority of male entrepreneurs start a firm in the same or …

an individual’s probability of becoming an entrepreneur. Consistent with the theory of underdog entrepreneurship that … entrepreneurship, we find that spending a higher share of household income on energy consumption or being energy poor increases the … entrepreneurship …