We review Baumol's typology of productive, unproductive and destructive entrepreneurship. We argue that the typology is … the thesis that entrepreneurship has become less productive, due to the unintended effects of entrepreneurship policies … adopted widely in Western economies. These have straight-jacketed, distracted and zombified entrepreneurship. Removing these …

Entrepreneurship, as reflected in the start-up of new firms, the growth and market exit of existing firms, and the ow … that there is a strong possibility that the unintended damage to entrepreneurship, innovation and growth could be …

Entrepreneurship in advanced economies is in decline. This comes as a surprise: many scholars have anticipated an … upsurge in entrepreneurship, and expected an "entrepreneurial economy" to replace the post-WW2 "managed" economy. Instead of … inequality and rising energy costs, are also responsible. Implications for entrepreneurship scholarship are drawn. …

Improved governance and lower start-up costs may not be sufficient for encouraging the type of entrepreneurship that …) opportunitymotivated entrepreneurship (as opposed to necessity-motivated entrepreneurship) drives economic growth; (ii) governance and the … start-up costs are not significant determinants of opportunity entrepreneurship; and (iii) better governance leads to higher …