models based on the established literature. Traditionally, entrepreneurship is not dealt with in these models. In the present … paper it is shown that – when this variable is added - in all models there is a significant influence of entrepreneurship … while the remaining effects mainly stay the same. Entrepreneurship is measured as the business ownership rate (number of …

: the entrepreneurship rate and the fraction of small firms fall with per capita income across countries, while average firm …'s potential payoffs in working and in entrepreneurship. If some firms consistently benefit more from technological progress than …

that, after the Reunification, entrepreneurship is higher among the residents of East German regions with West TV signal …

compatible with the free-market economy principles and supportive of entrepreneurship. We show that during the 40 years of … socialistic regime in East Germany entrepreneurship was highly regulated and virtually impossible and that the prevalent formal … and informal institutions broke the traditional ties linking entrepreneurship to the characteristics of individuals so …