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Entrepreneurship - new data, new research

Bob Cull's picture

What drives entrepreneurship across countries? What is the effect of entrepreneurship on economic development? Important questions, but up to now little data to answer them.

The 2007 World Bank Group Entrepreneurship Survey helps fill this gap with data for 84 developing and industrial countries. A first analysis of the data shows that countries with better governance and fewer licensing procedures have more entrepreneurs. Political turmoil seems to hurt entrepreneurship.