We investigate entry in a dynastic entrepreneurship (overlapping generations) environment created by employee spinoffs …

-2005 individual-level Global Entrepreneurship Monitor data merged with macro level variables. A simple correlation coefficient …

-level institutional indicators for 47 countries with working age population survey data taken from the Global Entrepreneurship Monitor …

a positive relationship between an individual's potential payoffs in working and in entrepreneurship. If some firms … consequence, the entrepreneurship rate falls with income per capita, average firm size and firm size dispersion increase with … income per capita, and entrepreneurship out of necessity falls with income per capita. The paper also documents, for two of …

Entrepreneurship Flash Eurobarometer surveys (2002 and 2003) containing over 20,000 observations are used. Other than demographic …