Globalization and an increasing importance of knowledge in the production process cause many developed countries to move from a more 'managed' to a more 'entrepreneurial' economy in recent decades. In the former type of economy, large and incumbent firms play a dominant role, exploiting...

The level of entrepreneurship differs considerably across countries and periods. Both thecauses and consequences of entrepreneurship are a matter of extensive scientific debate aswell as of great policy importance. A high level of entrepreneurial activity is assumed andshown to contribute to...

The scholarly literature often distinguishes between so-called opportunity and necessity entrepreneurship and between ‘‘pull’’ and ‘‘push’’ motivations. Despite the pervasive use of this terminology, empirical analyses are mostly based on a single country. The present paper...