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Statistical tests on a panel of data from 54 countries over the 2004–2009 period support the proposition that high income inequality and entrepreneurial activity share a positive linear relationship. In a novel approach, the dependent variable is defined from two independent and uncorrelated...
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This paper looks at the performance of the United States (US) on the Global Entrepreneurship and Development Index (GEDI), capturing the contextual features of entrepreneurship. The US ranks third on the GEDI. It performs well on the aspirations sub-index but lags on the attitudes and activity...
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Public policy is currently shifting from SME policy towards entrepreneurship policy, which supports entrepreneurship without directing attention to quantitative goals and specific firms or employment groups. The institutional framework set by public policy affects the prevalence and performance...
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define such arrangements as semi-formal illegitimate institutions. Using an exploratory study, we examine one such …-formal illegitimate institutions; some entrepreneurs engage in defiance, others avoid the illegitimate pressures, while others simply …
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We use the historical self-employment rate as an indicator of a regional culture of entrepreneurship and link this measure to economic growth in recent periods. The results indicate that German regions with a high level of entrepreneurship in the mid-1920s have higher start-up rates about 80...
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