The main objective of the thesis is to contribute to the field of entrepreneurship in the areas of new firm formation … entrepreneurship is a source of regional economic development. New firms have a long term employment effects and new firms serve as a …

The study of entrepreneurship often focuses on the activities of the entrepreneur. While entrepreneurship is undertaken … discussing the institutional factors that encourage entrepreneurship, the ways in which economic models depict the economy are … discussed, pointing toward the different policy conclusions regarding entrepreneurship that emanate from different assumptions …