: the entrepreneurship rate and the fraction of small firms fall with per capita income across countries, while average firm …'s potential payoffs in working and in entrepreneurship. If some firms consistently benefit more from technological progress than …

Developing and emerging economies have high entrepreneurship rates and relatively many small firms. There is enormous … entrepreneurship at both edges of the size distribution. The model is then used to analyse the effects of productivity growth …, distortions, financial and labor market frictions, and risk. Capturing entrepreneurship across the size distribution allows for …

We explore the role of different types of self-employment for a persistence of the regional level of entrepreneurship … regarded a rather weak form of entrepreneurship. …

-farming entrepreneurship. We find that more productive farming households are more likely to also engage in non-farm entrepreneurship, allocate …

Two approaches can be distinguished with respect to modelling entrepreneurship: (i) the approachfocusing on the net …