We examine whether Europe has an "entrepreneurship deficit" compared to other industrialized regions. Cross-country comparisons are difficult due to the lack of standard empirical definitions of entrepreneurship. Measures focusing on small business activity and startup rates suggest that Europe...

Purpose: This paper examines individuals who want to leave self-employment to work a ‘regular' job for someone else. We compare business owners and the independently self-employed who intend to leave self-employment (Leavers) with those who desire to remain self-employed (Stayers)....