The level of entrepreneurship differs considerably across countries and periods. Both thecauses and consequences of entrepreneurship are a matter of extensive scientific debate aswell as of great policy importance. A high level of entrepreneurial activity is assumed andshown to contribute to...

The resurgence of entrepreneurship in the Westernworld is a multi-faceted phenomenon that may be studied according to the level of analysis--i.e., while micro level studies focus on the individual's choice to become self-employed, the macro perspective focuses on various environmental factors,...

This paper documents that a process of industrial restructuring has been transforming the developed economies, where large corporations are accounting for less economic activity and small firms are accounting for a greatershare of economic activity. Not all countries, however, are experiencing...