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and the effect this persistence has on development. It is argued that a regional culture of entrepreneurship plays an … important role in explaining persistence of entrepreneurship. We discuss possible explanations for the emergence of a culture of … entrepreneurship, and how it becomes self-perpetuating over time. Finally, we draw policy implications and identify some promising …
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Previous research suggests that entrepreneurs value autonomy more than non-entrepreneurs do across countries and … institutional contexts. However, most evidence exists for contexts with more or less entrepreneurship-facilitating and stable … framework conditions for entrepreneurship. In both contexts, entrepreneurs are challenged either by external resistance toward …
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Recent theories of economic growth have stressed the role of externalities in generating growth. Using data from the Census Bureau that tracks all employers in the whole U.S. private sector economy, we examine the impact of these externalities, as measured by entrepreneurial activity, on...
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