-periods, and over the longer term with respect to the growth in the size of their economies. Most important, the comparison of an …

entrepreneurial elite, resulting in economic policy and institutions which are more conducive to entrepreneurship and productivity …

a positive relationship between an individual's potential payoffs in working and in entrepreneurship. If some firms … consequence, the entrepreneurship rate falls with income per capita, average firm size and firm size dispersion increase with … income per capita, and entrepreneurship out of necessity falls with income per capita. The paper also documents, for two of …

that entrepreneurship has important economic value. Hence, a systematic review is provided that answers the question: What … is the contribution of entrepreneurs to the economy in comparison to non-entrepreneurs? We study the relative … group'? A fourth type of contribution studied is the role of entrepreneurship in increasing individuals' utility levels …

The purpose of this paper is to provide a contribution to the identification of the role of entrepreneurship in … economic growth by mapping out: 1) alternative ways of looking at entrepreneurship, distinguishing 'creative destruction' from … firm); and 4) the possible scope for an economic policy aimed at maximizing the impact of entrepreneurship on economic …

analysis of ever deeper, more fundamental factors, rooted in long-term history. A growing body of new empirical work focuses on …