Based upon two strands of literature, this paper hypothesizes a U-shaped relationship between a country's rate of entrepreneurial dynamics and its level of economic development. This would imply a different scope for entrepreneurship policy across subsequent stages of development. Regressing...

A country's level of economic development may impactits level of entrepreneurial development.A U-shaped relationship betweeneconomic development and entrepreneurial development may occur as a nationdevelops economically. The validity of this hypothesized relationship isinvestigated. The...