This paper constructs a Global Entrepreneurship Index (GEINDEX) that captures the contextual feature of … entrepreneurship across countries. We find the relationship between entrepreneurship and economic development to be mildly S-shaped not … U-shaped or L-shaped. Our findings suggest moving away from simple measures of entrepreneurship across countries …

both high aspiration and low aspiration entrepreneurship. We also find that women benefit more from the larger informal … financial sector. -- Female entrepreneurship ; state sector ; informal finance …