entrepreneurial dynamics and its level of economic development. This would imply a different scope for entrepreneurship policy across … subsequent stages of development. Regressing GEM's 2002 data for nascent entrepreneurship in 36 countries on the level of … taxes (+) and population growth (+). The results suggest that a 'natural rate' of nascent entrepreneurship is to some extent …

population, suggest that from 1993 to 2002 the level of entrepreneurship may have increased up to three fold, from 4 to over 13 …