Total factor productivity of twenty OECD countries for a recent period (1971-2002) is explained using six different … models based on the established literature. Traditionally, entrepreneurship is not dealt with in these models. In the present … paper it is shown that – when this variable is added - in all models there is a significant influence of entrepreneurship …

introduced a greater element of entrepreneurship have been rewarded with additional growth. … made a plea for guidance in the era of entrepreneurship, scholars have been slow to respond. The purpose of this paper is … been conducive to economic growth and job creation. Our empirical analysis links the stage of the transition towards an …

economy. In particular, the empirical evidence provides consistent support that (1) the role of entrepreneurship has … may be that the current approach to entrepreneurship policy is misguided. The priority should not be on entrepreneurship …