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Regular version of the site

Book chapter

Interdependence between Entrepreneurial Activity and the Level of Economic Development

P. 375-384.
Mavrina E.

The goals of this paper is to investigate the type of interdependence between entrepreneurial activity and the level of economic development through econometric analysis of longitudinal data. We also check via cluster analysis whether the classification of countries on factor-, efficiency-, innovation-driven is applicable for the collected data. We use data supported by the World Development Indicators and the Pew Research Center for a period of 2003–2012.