We examine the relationship, across 39 countries, between regulation and entrepreneurship using a new two …-equation model. We find the minimum capital requirement required to start a business lowers entrepreneurship rates across countries …

This paper investigates the effect of business regulations on various measures of entrepreneurship. Using data for a … sample of countries participation in the Global Entrepreneurship Monitor between 2002 and 2005, we estimate a two …-equation model explaining the nascent and the actual entrepreneurship rate, while taking into account the interrelationship between …

. The bivariate relationship between levelof entrepreneurship and a number of economic factors, cultural traits … thelevel of entrepreneurship at the aggregated societal level. Findings indicate that the factors determining level of … entrepreneurship arecomplex, but the basic finding is that dissatisfaction with society and life ingeneral determines level of …

contradicts existing theoretical hypotheses which predict that entrepreneurship is pro-cyclical or not cyclical. We discuss …

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 … while the remaining effects mainly stay the same. Entrepreneurship is measured as the business ownership rate (number of …

Entrepreneurship has emerged as an important element in the organization of economies. This emergence did not occur … countries embrace entrepreneurial energy. This led to the political mandate to promote entrepreneurship. Hence, a clear and … organized view is needed of what the determinants and consequences of entrepreneurship are. The present contribution tries to …

The study of the determinants of entrepreneurship at the country levelhas been dominated by economic influences. The … relative stability of differences in levels of entrepreneurship across coun-tries suggeststhat other forces such as certain …