This paper studies whether promoting entrepreneurship is always growth-enhancing under a dynamic general … supply effect. The working of these two effects results in a non-monotone entrepreneurship-economic growth relationship. Due … individuals. As a result, there can be too less or too much entrepreneurship in the decentralized equilibrium. Although having …

. This paper proposes a simple theory of skill-biased change in entrepreneurial technology that fits with cross … a positive relationship between an individual’s potential payoffs in working and in entrepreneurship. If some firms … consequence, the entrepreneurship rate falls with income per capita, average firm size and firm size dispersion increase with …

competitiveness of the economy and may establish new jobs. The gains of entrepreneurship are only realized, however, if the business …

claim that entrepreneurship has important economic value. Hence, a systematic review is provided that answers the question … group’? A fourth type of contribution studied is the role of entrepreneurship in increasing individuals’ utility levels …