Wennekers, Sander; Thurik, Roy; Stel, Adriaan J. van; … - Max-Planck-Institut für Ökonomik <Jena> - 2005
Based upon two strands of literature, this paper hypothesizes a U-shaped relationship between a country's rate of entrepreneurial dynamics and its level of economic development. This would imply a different scope for entrepreneurship policy across subsequent stages of development...