Nascent entrepreneurs are people who are engaged in creating new ventures. This chapter reviews the international evidence on how many of them are there around the world, what they are doing, who they are, what makes them different, and which ones see their vision through to eventual start-up.

Over the last decade, both the availability of quantitative indicators on labor market institutions and of studies trying to explain differences in national labor market performance through institutional variables have burgeoned significantly. It is now time to review these indicators and the...