The analysis of the effect of new ventures on the economy has been widely investigated over the last decade. However, the Global Entrepreneurship Monitor (GEM) international research was the first that provided a consistent and comparable estimation of the entrepreneurial activity over nations....

Technological change is a central element in macroeconomic growth explanation. Endogenous growth models take a revolutionary step towards better understanding the economic growth process by deriving technological change from profit-motivated individual behavior. In endogenous growth theory...

Studying the links between geography and technological change and between entrepreneurship and technological change can be difficult.This paper seeks to create an empirical framework that internalizes entrepreneurial activity and agglomeration effects on knowledge spillovers.The literature...

While composite indicators have becoming popular in many fields over the last two decades, the Global Entrepreneurship and Development Index (GEDI) is the first complex index focusing on the multidimensional quality rather than the quantity aspects of entrepreneurship. GEDI is similar to other...

We explore empirically the relationship between economic growth, factor inputs, institutions, and entrepreneurship. In particular, we investigate whether entrepreneurship and institutions, either independently or in combination in an ecosystem, represent the “missing link” in explaining...