entrepreneurial elite, resulting in economic policy and institutions which are more conducive to entrepreneurship and productivity … evidence on transition economies. -- credit constraints ; distribution ; economic development ; entrepreneurship ; institutions …

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

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

. A second class of theories hypothesizes that some places are endowed with a greater supply of entrepreneurship. Evidence … on sales per worker does not support the higher returns for entrepreneurship rationale. Our evidence suggests that … entrepreneurship is higher when fixed costs are lower and when there are more entrepreneurial people …

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