between FDI and entrepreneurship; positive spillovers via dissemination of technology or negative because of crowding out. Our … entrepreneurship in aggregate and intra‐industry to be negative. Policies need to consider how to counteract this effect. …

We study the effect of entrepreneurship and its allocation between necessity and opportunity entrepreneurship on three … and non-monetary wellbeing to entrepreneurial allocation. Using data from the Global Entrepreneurship Monitor we establish … that opportunity entrepreneurship may contribute towards national wellbeing and that better wellbeing in turn may stimulate …

: the entrepreneurship rate and the fraction of small firms fall with per capita income across countries, while average firm … change does not benefit all potential entrepreneurs equally, and there is a positive relationship between an individual …'s potential payoffs in working and in entrepreneurship. If some firms consistently benefit more from technological progress than …