This paper analyzes entrepreneurship volatility across a sample of countries participating in the Global Entrepreneurship Monitor (GEM) Project. Entrepreneurship volatility is modeled as a function of a set of institutional variables. Using longitudinal data on necessity-motivated entrepreneurship, we find significant differences in entrepreneurship volatility across lower-middle income countries. Our results suggest that government efficiency and entrepreneurship education and training contribute to reducing entrepreneurship volatility.
Amorós, José E.; Cristi, Oscar; and Minniti, Maria
"DRIVING FORCES BEHIND ENTREPRENEURSHIP: DIFFERENCES ON ENTREPRENEURSHIP RATE LEVEL AND ITS VOLATILITY ACROSS COUNTRIES,"
Frontiers of Entrepreneurship Research: Vol. 29
, Article 2.
Available at: http://digitalknowledge.babson.edu/fer/vol29/iss16/2