Glaeser, Edward L.; Kerr, William R.; Ponzetto, Giacomo … - Department of Economics and Business, Universitat … - 2009
factors that reduce entry costs or raise entrepreneurial returns, thereby increasing net returns and attracting entrepreneurs …. A second class of theories hypothesizes that some places are endowed with a greater supply of entrepreneurship. Evidence … on sales per worker does not support the higher returns for entrepreneurship rationale. Our evidence suggests that …