answer the question: What is the contribution of entrepreneurs to (i) employment generation and dynamics, (ii) innovation …, and (iii) productivity and growth, relative to the contributions of the entrepreneurs’ counterparts, i.e., the ‘control … very important-but specific-function in the economy. They engender relatively much employment creation, productivity growth …

Entrepreneurs, creators of new firms, are a rare species. Even in innovation-driven economies, only 1-2% of the work … environment is receptive to innovation. In addition, policymakers need to prepare for the potential job losses that can occur in … the medium term through "creative destruction" as entrepreneurs strive for increased productivity. …