Berthold, Norbert; Gründler, Klaus - 2012
We study the effect of entrepreneurship on economic growth. First, we illustrate that entrepreneurship affects the … entrepreneurship exerts significant growth stimuli. We then evaluate this prediction empirically applying 3SLS estimations based on the … approach proposed by Barro (1991, 2000, 2003). Using data of 188 countries between 1980-2010, we show that entrepreneurship has …