between FDI and entrepreneurship; positive spillovers via dissemination of technology or negative because of crowding out. Our … entrepreneurship in aggregate and intra‐industry to be negative. Policies need to consider how to counteract this effect. …

This paper constructs a Global Entrepreneurship Index (GEINDEX) that captures the contextual feature of … entrepreneurship across countries. We find the relationship between entrepreneurship and economic development to be mildly S-shaped not … U-shaped or L-shaped. Our findings suggest moving away from simple measures of entrepreneurship across countries …

entrepreneurial dynamics and its level of economic development. This would imply a different scope for entrepreneurship policy across … subsequent stages of development. Regressing GEM's 2002 data for nascent entrepreneurship in 36 countries on the level of … taxes (+) and population growth (+). The results suggest that a 'natural rate' of nascent entrepreneurship is to some extent …

, the Global Entrepreneurship Monitor (GEM) international research was the first that provided a consistent and comparable … entrepreneurship policy should focus more on supporting the newly created enterprises …