There has developed within the past decade an increased interest among academicians and policy makers in the small companies and entrepreneurs of the world. Domestically, small business is viewed by the “true believers” as the engine that drives the machinery, citing innovation and job...

There has developed within the past decade an increased interest among academicians and policy makers in the small companies and entrepreneurs of the world. Domestically, small business is viewed by the “true believers” as the engine that drives the machinery, citing innovation and job...

This paper studies the relationship between entrepreneurship and unemployment. We focus on Necessity TEA (total entrepreneurial activity for those individuals pushed into entrepreneurship because they have no better alternatives for work). We a priori predict that when unemployment is high, TEA...

The financing opportunities for entrepreneurs around the world are analyzed.The data used are primarily from the 2004 Global Entrepreneurship Monitor (GEM) study, with supplemental data from the five previous years of the study.Thirty-four countries are included in the analysis, covering all...