countries. First, the concepts of uncertainty and risk are elaborated, as well as theirrelevance for entrepreneurship. Second … (uncertaintyavoidance) may have a diverging impact on entrepreneurship. Possibly, a climate of uncertainty avoidancein large organizations …, suggesting that risingopportunity costs of entrepreneurship are the dominant perception in this cultural environment. In a …

economic growth than entrepreneurial activity in general. We use data from the Global Entrepreneurship Monitor to test the … that ambitious entrepreneurship contributes more strongly to macro-economic growth than entrepreneurial activity in general …. We find a particularly strong effect of high-expectation entrepreneurship for transition countries. These results are …

In this paper, we empirically investigate the effect of entrepreneurship on economic growth at the country level. We … use data from the Global Entrepreneurship Monitor, which provides comparative data on entrepreneurship from a wide range … effects of entrepreneurship in general and growth-oriented entrepreneurship in particular. We present empirical tests of the …