We review Baumol's typology of productive, unproductive and destructive entrepreneurship. We argue that the typology is … the thesis that entrepreneurship has become less productive, due to the unintended effects of entrepreneurship policies … adopted widely in Western economies. These have straight-jacketed, distracted and zombified entrepreneurship. Removing these …

Why should individuals that have exited their firm consider re-entering into entrepreneurship, i.e. become renascent … entrepreneurs? According to the logic of economic models of firm dynamics there is no reason to re-enter into entrepreneurship … following termination of a previous firm. In contrast, research on nascent entrepreneurship has shown the positive effect of …