This paper studies whether promoting entrepreneurship is always growth-enhancing under a dynamic general … supply effect. The working of these two effects results in a non-monotone entrepreneurship-economic growth relationship. Due … individuals. As a result, there can be too less or too much entrepreneurship in the decentralized equilibrium. Although having …

, create competition in industries, and much more. Due to its highly heterogeneous nature, the choice of entrepreneurship … what (growth). As such, gaining better insight into the challenges of measuring entrepreneurship is a necessary and …