Abstract
Entrepreneurial activity has emerged as the single most critical determinant of economic renewal and growth in the estimation of both policy makers and the societies they serve. Huge differences have been observed in the level of entrepreneurial activity as well as the success or failure of those activities across economies. The reasons for these differences have been attributed to differences in demographic, cultural and institutional factors as well as the economic dynamics at play. Unfortunately policy makers, educations and researchers too often have to base their activities and decisions upon limited information or data that might be applicable in one economic setting but not necessarily in others.
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