Stel, Andre van; Carree, Martin; Thurik, Roy - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft
Entrepreneurial activity is generally assumed to be an important aspect of the organization of industries most … conducive to innovative activity and unrestrained competition. This paper investigates whether total entrepreneurial activity … incorporating the Growth Competitiveness Index. We find that entrepreneurial activity by nascent entrepreneurs and owner/managers of …