Depending on the country or region, the amount of entrepreneurial activity differs greatly. In
order to appreciate these differences, a general supply and demand scheme has been
suggested to measure the rate of entrepreneurship of an economy in the long term. This rate
can be seen to depend on the level of development, the economic growth and the
unemployment rate. However, the degree of competitive creativity linked to the
entrepreneurial activity in its early, starting and establishing stages, particularly from a …

Depending on the country or region, the amount of entrepreneurial activity differs greatly. In
order to appreciate these differences, a general supply and demand scheme has been
suggested (Verkeul et al. 2001) to measure the rate of entrepreneurship of an economy in
the long term. This rate can be seen to depend on the level of development (Belso, 2004),
the economic growth (Audretsch et al., 2002) and the unemployment rate (Thurik and
Verheul, 2002). However, the degree of competitive creativity linked to the entrepreneurial …