This paper explores the institutional factors that encourage opportunity entrepreneurship in order to achieve higher … productive behavior such as entrepreneurial activity. Thus, opportunity entrepreneurship is identified as one such mechanism that … impacts on economic growth. Using a three-stage least-square method through unbalanced panel data with 43 countries (2004 …

employ the Panel Least Squares method to estimate the coefficient of selected variables. We identify political, institutional …, unemployment rate, public debt) determinants that can have an effect on entrepreneurship. The article aims to fill a gap in the … our results, there is a positive statistically significant relationship between entrepreneurship and gross domestic …