In order to scale, entrepreneurial ventures (younger, growth oriented and innovative firms) often have to change the market they operate in. For example, going from an early scientific market to a mainstream one. These different markets work with different logics; what is valuable to the early...

This study questions the assumption that entrepreneurship unequivocally leads to economic growth. Using insights from institutional theory and development economics, we reevaluate entrepreneurship’s contribution towards economic growth. Our study uses Global Entrepreneurship Monitor (GEM) data...