This paper examines variations in entrepreneurship across twenty developed countries, using three measures of entrepreneurship which we broadly describe as prestart, early-stage and established enterprises. It then links these measures to the economic institutional framework, holding constant a...

This exploratory study focuses on the convention from nascent to actual entrepreneurship and the role of entry barriers in this process. Evidence is found for a strong conversion from nascent to actual entrepreneurship. Also positive effects are found on entrepreneurial activity rates of labour...

In this paper 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, as do labour market regulations. However...

We examined the relationship between firm births and job creation in Great Britain. We used a new data set for 60 British regions, covering the whole of Great Britain, between 1980 and 1998. The relationship between new firm start-ups and employment growth has previously been examined either...

This paper examines the relationship between firm births and job creation in Great Britain. We used a new data set for 60 British regions, covering the whole of Great Britain, between 1980 and 1998. The central theme of the paper is that, with the exception of a recent paper by Audretsch and...

This paper re-examines the link between new firm formation and subsequent employment growth. It investigates whether it is possible to have the 'wrong type of entrepreneurship' defined as new firm formation which leads to zero or even negative subsequent employment growth. It uses a very...

We study the role of the business cycle in the individual decision of own-account workers to hire employees. Using panel data from the European Community Household Panel for the EU-15 countries, we show that own-account workers are less likely to hire employees during recessions. Next, we focus...

The Global Entrepreneurship Monitor (GEM) is a research program executed annually with the aim to obtain internationally comparative high quality research data on entrepreneurial activity at the national level. This academic research consortium started as a partnership between the London...

We examine the impact of ambitious entrepreneurship (entrepreneurs expecting to grow their firm) and high-growth firms (firms that have actually realized high growth rates) on subsequent macroeconomic growth in a sample of high and low-income countries, in the period 2002-2005. Our empirical...

In the last decade, an increasing body of literature has studied the relation between economic development and the rate of independent entrepreneurship. For several developed countries, this relation seems to have changed from a negative relation into a positive one. However, the role of...