Chapter 1: General Introduction -- Chapter 2: Entrepreneurial Activity and Economic Growth: A Literature Review -- Chapter 3: A Review of Economic Development Thinking and the Role of Innovative Entrepreneurship: Past, Present, and Future -- Chapter 4: Why Do Some Nations Succeed While Others...

In recent years, a growing body of economic literature has focused on the phenomenon of the so-called middle-income trap (MIT). The term usually refers to countries that have experienced rapid growth and thus quickly reached middle-income status, but then failed to overcome that income range to...

We examine the evolution of infrastructure, and the impact of infrastructure investment, in middleincome countries (MICs). We document how different types of infrastructure stocks, as well as infrastructure investment, vary with the level of development and growth performance. We then use the...